WEBVTT - Single Best Idea with Tom Keene: Wei Li & Brad Neuman

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<v Speaker 1>Bloomberg Audio Studios, podcasts, radio news.

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<v Speaker 2>The single best idea, which is the idea that there

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<v Speaker 2>were not presidential tweets today to shake the market as

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<v Speaker 2>we saw twenty four hours ago, maybe twenty eight hours

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<v Speaker 2>ago yesterday. But still I can't find enough words and

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<v Speaker 2>emotion on the tape. If you look at equities, bonds, currencies,

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<v Speaker 2>commodities across the Bloomberg launchpad, the vibration, the oscillation, the

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<v Speaker 2>febril nature of equities, bonds, currencies, commodities is absolutely tangible.

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<v Speaker 2>We saalked to Waylee if you needed a reason to

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<v Speaker 2>join LinkedIn. Wayley's work out on LinkedIn for black Rock

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<v Speaker 2>is absolutely spectacular. Here's Waylee, their chief global strategist, on

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<v Speaker 2>the risks of the moment.

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<v Speaker 3>They're really just two ways to invest in and navigate

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<v Speaker 3>this market. The first one is directionally and the second

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<v Speaker 3>one is thematically. So what flattening exposure directionally because in

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<v Speaker 3>the near term is just so trophy reacting to headlines.

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<v Speaker 3>But thematically, as a result of events in the middle

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<v Speaker 3>easiest to every single company, every single government globally, they

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<v Speaker 3>are going to think even harder about supply chain resilience,

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<v Speaker 3>even harder about energy independence, and those are the things

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<v Speaker 3>that want to lean into.

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<v Speaker 2>Really of black Rock. He was Definitive Sweets years ago,

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<v Speaker 2>working with Tom Galvin and also Dominic Constom not on

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<v Speaker 2>fixed income like Constant and our Irid Jersey, but more

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<v Speaker 2>in the equity space. Bred Newman is at Alger and

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<v Speaker 2>we spoke to him a really good conversations on AI.

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<v Speaker 2>But again Brad Newman, on the moment at hand, I

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<v Speaker 2>think it's easy to be distracted.

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<v Speaker 4>There's obviously a lot of economic implications from higher oil

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<v Speaker 4>prices and how that reverberates to the economy. And obviously

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<v Speaker 4>we're seeing not only inflation expectations and real rates increase.

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<v Speaker 4>But ultimately I think the much bigger issue that will

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<v Speaker 4>play out when all is said and done in the

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<v Speaker 4>Middle East, and there's an oil premium in the market

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<v Speaker 4>that will probably stay for a while. What people really

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<v Speaker 4>be focused on is that we're short compute in this

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<v Speaker 4>country in the world.

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<v Speaker 2>Very tech positive. Bread Newman of Elger speaking of tech

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<v Speaker 2>on podcasts wor at Apple where at Spotify, on YouTube podcasts,

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<v Speaker 2>it's single best idea