Bloomberg Audio Studios, Podcasts, radio news. Single best idea and our single best idea is it's the one year anniversary when we began this experiment and we are absolutely humbled by the results. Of course, good morning to ninety nine FM in Boston. It's just been a huge success opening up here, just in the first number of months that we've been up in Boston with a much bigger signal, good morning, I kid from Antcataden to Block Island. It's not quite that large at signal, but we'll go with it.
And we said good morning on all the radio that we have across the nation. But YouTube has been this experiment. They came to me and they said we got to go digital. Can you lead the way on this? And I said, yeah, okay, but you know YouTube, I mean what is it? And I've been completely turned and the reach, the scope, the scale of YouTube. Please subscribe to Bloomberg Podcast. It builds each in every day, single best ideas about
two just snippets of conversation. Today was very difficult. Turstin's slock is with a Publo Global Management, linking in the American economy to twenty twenty five.
For the US, it is the case that at the moment there are actually is some very unique tailwinds. First of all, US consumers are not very sensitive to interest rate hikes. We just found out over the last two years that even though the FED raise rates, because ninety five percent of mortgages are thirty at fixed rate, it really ended up being that the transmission mechanism of monetary policy in the US was quite muted simply because consumers
were locked in and their mortgages at very low interest rates. Likewise, in the US we now have at data center boom that is adding in round numbers around zero point two percenter GDP growth every year. And finally, we also still have fiscal policy even before Trump coming from the chipsack the Inflation Douction Act, Infrastructure Act. So the tailways to
the US outlook are quite unique. So therefore also your question, I see more decoupling where the US is doing well because of some unique sources of growth in the US, and the rest of the world unfortunately continues to do less well because of some unique hit winds that are not hit winds to the US economic out.
Turston slack of Appollo Global Management. He was on fire about China as well with the huge demographic differences between the United States growing and China with some substantial population dynamics that could be a challenge forward. We had a wonderful nine o'clock hour. We compressed in a lot of equity analysis with Gina Martin Adams recommitting to a solid
earning season. We had Steph Golden from Robinhood with that younger look, not a meme market, not a spec market, but a legitimate market higher and then Brian Belski joined from Bemo Capital Markets. Belski has really been on top of this Bullmart. It's saying you've got to be in, You've got to participate. We asked Brian Belski about Apple absolutely.
I mean, if Apple's one of five stocks you want to own longer term, and when the stock is down, it's like a gift from God. I'm all in on AI, you know, but some of the best AI stocks are our restaurant brands. Timmy Horton's in Canada, Costco here, Walmart.
We're gonna get to that.
Yeah, so you have to be I think.
It's real Tim Hortons. I mean, you get some blue chip stock, it should be a Bellweather doustock. Tim. He was a great hockey player. I can't say enough about him. We say thank you in your commuter course. Remember Apple, CarPlay, Android Otto. They build out each and every day on YouTube. The reach of YouTube, I'm learning every day about it, particularly the international reach is something that I think so many of us in America really don't understand. This podcast,
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