Bloomberg Audio Studios, podcasts, radio news. The single best idea. I'm going to be quick here. Everyone here exhausted by twenty four to seven, trying to fit in the guests in a quiet December, and literally the fourteen stories that are out there. Of course in this Tri state area, with the leadership of John Tucker and Michael Barr, were covering this terrible shooting at the Hilton Hotel. But far
more it is international relations. What we saw in France Francine Lacroix conversation today with Marine Le penn and of course in Korea as well. We've been focused on France, but here on North and South Korea. In our President elect Richard.
Hass Like the South Korean relationship with President Donald Trump was was one of the worst relations between an American ally and the United States. President really pushed hard about why wasn't South Korea doing more to pay for US troops there, concerns about the trade and balance and and so forth so much and by the way, and threaten
to pull US forces out of South Korea. So if he were to once again ratchet up the pressure, I think the most likely reaction would be that South Korea would think very seriously, indeed about developing nuclear weapons of its own if it came to lose faith in the United States. And that's the sort of thing that, among other things, could cause a real crisis with China. So there's a lot of potential dynamics.
Here over the holidays season. You know, you got the kids at home and they're just like being mouthy or whatever his kids can be. Throw them, don't hit them in the head, but throw a Richard has book at them. Go out to Amazon and look for Richard hass h aa ss and he's got some wonderful, short, readable books on America and on our civics. Can't say enough about those. We had too many names to pick today. Wendy Schiller was just brilliant on a fractured US Senate what we're
seeing within the transition from Biden to Trump. But just as interesting from Canada. David Rosenberg join us, and this is important. He's been very cautious over the years, and there was a bullish tinge and optimism to David Rosenberg his call on the market.
I'm still concerned over market positioning and sentiment is off the charts, and I am expecting in your term correction. The question is what you do if we get the debt And I think that you'd want to buy the debt. And I say that because I've been calling this a bubble for a while. But it's maybe a bubble if you look at trailing P multiples or one year four
P multiples. But if in fact we've had an inflection point on the technology curve, if we've had a model shift when it comes to what AI is going to deliver in terms of future profitability and productivity, I'm thinking that the market is sending you a message that it has taken that investors a base, a lengthen their time horisons. So all the classic evaluation metrics that I've been using, I'm not going to say they're obsolete, but they're probably just not relevant to today's backdrop.
David Rosenberg and Rosenberg research, and again in optimistic tone about growth and what's out there, he does maintain a disinflationary tendency. We maintain that we're part of your American commute. Thank you so much for that. With Apple Car Play, Android Auto with Serious Exemp Channel one twenty one, Good Morning ninety nine to one FM in Washington up to Boston ninety two nine FM and of course our new experiment. Please go to YouTube subscribe to Bloomberg podcast Thunderstruck by
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