Speaker 1: Bloomberg Audio Studios, podcasts, radio news.
Speaker 2: Single best idea. It's going to be a short edition
Speaker 2: because I have to communic host midtown given the UN meetings. Uh,
Speaker 2: that's a challenge to say. At the least New York City.
Speaker 2: The island of Manhattan is just packed with dignitaries and
Speaker 2: escorts and blocks shut down in the rest. Tomorrow, David
Speaker 2: Goer and myself at the Earthshot Innovation Awards at the
Speaker 2: Park A Plaza Hotel, with good conversations with a solid
Speaker 2: tilt towards geopolitics and international relations. On the market now,
Speaker 2: John Stolfus an important voice. He's at OpCo with decades
Speaker 2: of experience. It's not so much that he's a bull.
Speaker 2: It's not so much that he said be in the market.
Speaker 2: It's as Stolfus is rationalized through the might of the
Speaker 2: American economy. He continues that view. Here is John Stulphus
Speaker 2: of OpCo.
Speaker 3: You know, Tom, I usually prefer to do that in
Speaker 3: December because but then and this year we'll be beyond
Speaker 3: the election. But I would suspect likely higher as long
Speaker 3: as we don't get that. Barton Biggs and the old
Speaker 3: days would have called a bolt from the blue or
Speaker 3: a socked to the jaw. We'd have to think that
Speaker 3: things are just basically improving if we can just keep
Speaker 3: it moderate growth with resilience in jobs and economic growth
Speaker 3: in corporate earnings. I think we're good to go as
Speaker 3: long as we avoid getting complacent, and as long as
Speaker 3: we can avoid having the bolt from the blue hit US.
Speaker 3: I think considerably higher and well beyond the fifty nine
Speaker 3: hundred target.
Speaker 2: Probably John Sofas with OpCo. Matthew Winkler, the founder of
Speaker 2: Bloomberg News, joined us today for spirited discussion on the
Speaker 2: state of a swing state, Wisconsin, and in that conversation,
Speaker 2: Matt Winkler highlighted how everyone's been wrong over the last
Speaker 2: eighteen months within polling over the state of the American consumer.
Speaker 2: John Sophizer continuing the theme of resilience, a decent economy,
Speaker 2: a solid economy. I don't know, but little talk there
Speaker 2: of a recession, A talk incredibly challenging geopolitics at this time.
Speaker 2: We touch upon it. David Gerr's been a foundation to
Speaker 2: our coverage there. But over the weekend, just what was
Speaker 2: witnessed with the new fear of all this technology on
Speaker 2: the border of northern Lebanton, pagers and walkie talkies and
Speaker 2: all that. What a joy to speak to Daniel Tannenbaum
Speaker 2: today at Oliver Wyman. He's truly expert on geopolitics, our
Speaker 2: fears summed up over decades, and much of it wrapped
Speaker 2: around the idea of sanctions in their efficacy over the
Speaker 2: war in Ukraine. Here's Dan Tannembaum in these uncertain times
Speaker 2: on sanctions.
Speaker 1: That's a bit of the question that I'm hearing and
Speaker 1: that I'm having discussions with people throughout the week, is
Speaker 1: have US sanctions lost their potency? If I think about
Speaker 1: before the Iran deal was enacted and then ultimately scrapped,
Speaker 1: there was a pretty healthy fear in most pockets of
Speaker 1: the world of being on the wrong side of US
Speaker 1: sanctions because the fines were substantial, the embarrassment was significant.
Speaker 1: With Russia, I'm not seeing the same fear Venezuela. We
Speaker 1: continue to sanction from a US standpoint, but Durou still
Speaker 1: in power. So how do you actually bring the fear
Speaker 1: factor back to sanctions?
Speaker 2: Daniel Tanbaum Oliver why I'm in there and his expertise sanctions,
Speaker 2: and he was really brilliant on the uncertainty to supply
Speaker 2: chains given some of our geopolitics, and of course that
Speaker 2: addressed here in New York in a coming hours and
Speaker 2: days at the UN meetings. We're on YouTube subscribed Bloomberg
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Speaker 2: I should point out as well, good morning to all
Speaker 2: ninety nine one FM in Washington, our flagship and congested
Speaker 2: New York Bloomberg eleven three to zero, and I should
Speaker 2: point out in ninety nine FM in Boston we did
Speaker 2: touch upon the fact that Boston College won this weekend
Speaker 2: on Apple Podcasts, on YouTube podcasts single best Idea,