Bloomberg Audio Studios, Podcasts, radio news, single best idea after a wonderful trip to Boston. Thank you to President Collins for her wonderful team with really interesting conversations at a conference in Boston on payments, all sorts of highlights to that the major highlight, and I really want to talk here about sometimes the workload is overwhelming. Michael McKee in one twenty four hour period a conversation with Susan Collins and then with Austin Gouldsby of Chicago, that's a workload.
Those are two very different people. You got to be on your game, and Mike McKee really delivered on Friday for all of us at Bloomberg. We delivered today with sort of a reset into November, into the end of the year, Henrietta Tres with this and all that's going on in Washington. You know the headlines and all that. I want to go beneath the headline data on what's going on in our politics. Here is Henrietta Tre's Eveda partners on the nuances of the Senate, the House and recess.
I think, especially because there's going to be so many freshmen senators, not just the turnover from the election, but all the senators that I expect the president elected tap to go into the administration. There could be as many as nine freshman senators. And it's worth bearing in mind that over seventy five percent of the House has only ever had Donald Trump as their Republican president. So there is this very real deference. Certainly it's held so far.
It's only been two weeks, of course, but this very real deference. And I'd add on just one more layer here that the president is so much more popular than the down ballot Republicans. In some of these states, there were as many as forty seven thousand Republican voters who went in and pulled a lever for Trump and then left the ballot box. They did not vote Republican down
the ticket. So a lot of those Republican members from Spacific big swing states need to be differential to Trump because that's what their voters want them to be.
Henrietta Trace absolutely brilliant there with some of the statistics, the data of this moment we're living. And I'm so guilty of this, of the framework that I have from ten years ago, or twenty years ago, or frankly longer back than that, and she brings it right up to the immediacy of the Republicans in the House, and whatever the statistic was she had that so many of them
only know President Donald Trump as a Republican president. We moved on any number of discussions to look at, and one of them, of course is ETFs and looking at the leveraged ETFs that are out there, I guess you get a speculative play. Amanda Rabella joined us some dws here taking advantage of leverage.
The thing about the leverage ETFs is that it's not two times on a long term basis or three times on a long term basis. People need to understand this is a volatility resetting a GB. It in an ETF and ETN instructured products. So I think when we start to see volatility increasing quite significantly, we're not at the highs of the market, but we are kind of teetering upwards.
Then you start to see that the payoff doesn't work, and we've decided we've made a conscious decision to not be in the levered space here in the US.
I know I offered the triple leverage.
Why is that? I mean, it seems to be popular products it would be, but I think that you know, there are some fantastic you know, competitor peers that we have in the market, like who already owned that space. So so I think that you know, for the past couple of years, or you're in a bit, cash has yielded enough and it's you know, effectively risk free, that rotating into cash could have made sense all of us.
You know, when we think about income requirements within portfolios, you know, now five became the new normal, little bit, and so we need to think about how we're still going to generate that five. So we like international dividends a lot.
Amanda, Abella DWS. I do want to point out us Eric Biltchu has joined us from Bloomberg at ETFs. He was absolutely mesmerizing on this moment of exchange traded funds and bitcoin look for that across all of Bloomberg. He said, he's got an incredibly busy Monday here doing all sorts of different projects for his ETF mission. We say thank you to you on YouTube, We're out. Subscribe to Bloomberg podcasts, The Commute, Apple Car Play, Android Auto Good Morning on
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