Speaker 1: Bloomberg Audio Studios, podcasts, radio news.
Speaker 2: A single best idea and a quick one today because
Speaker 2: the newsflow is just absolutely extraordinary. Nelson U stopped by today.
Speaker 2: He's with Alliance Bernstein with prodigious systems engineering abilities out
Speaker 2: of Wharton and out of the University of Pennsylvania. We
Speaker 2: talked about the ambiguity, the uncertainty, and the risk that
Speaker 2: is out there.
Speaker 3: Risk is really difficult to manage right now. The as
Speaker 3: you just see this morning. You know, one tweet can
Speaker 3: turn it all around. But I think what it's really
Speaker 3: getting at is just the fragility that we do see
Speaker 3: in the markets, and we're dealing with really three main issues.
Speaker 3: One is obviously geopolitics, and we're getting close to a
Speaker 3: point where the longer this goes on, the more things
Speaker 3: have to shut down, So just the different commodities that
Speaker 3: get produced out of the Middle East. You can take
Speaker 3: months to restart some of these things. But then layer
Speaker 3: on top of that some of the existing fragility that's
Speaker 3: already been in place, which is that equity portfolios were
Speaker 3: already highly concentrated to start with, and then ai OR
Speaker 3: is increasing winners and losers, and those motes that had
Speaker 3: been there in place for so long, we're starting to
Speaker 3: question how durable they are.
Speaker 2: Nelson You with Alliance Bernstein this morning, we are very
Speaker 2: advantage at Nancy Tangler Stop Buy with Laffertangler, a student
Speaker 2: of the history of the market. Nancy Tangler with a
Speaker 2: very different view coming from Scottsdale, Arizona, a much more
Speaker 2: national perspective than the three zip codes in Wall Street.
Speaker 2: Nancy Tangler with optimism amid uncertainty.
Speaker 4: We bought calls on Friday and I felt pretty stupid
Speaker 4: this morning until we saw the the rhetoric coming out
Speaker 4: of the White House. And that's what it is. We
Speaker 4: don't have anything to back it up. We don't know
Speaker 4: the algorithms, read the headlines. They drive the stock futures
Speaker 4: before the open and after. So we've been repositioning, trimming
Speaker 4: back on oil, adding to some names in the infrastructure
Speaker 4: structure space and particularly in software.
Speaker 2: Nancy Tangler of Laffert Tangler this morning, it will be
Speaker 2: an exceptional week. On podcasts, We're at Apple, at Spotify,
Speaker 2: on YouTube podcasts. It's single best idea