As co-founder and CEO of Ares, Tony Ressler oversees the management of $100 billion. During a recent conversation in Los Angeles, he talked about the bull market under President Trump, his firm's struggling investment in Neiman Marcus and the rising cost of higher education. See acast.com/privacy for privacy and opt-out information. Learn more about your ad choices. Visit megaphone.fm/adchoices...
As chief economist at Salomon Brothers in the 1970s, Henry Kaufman was known as Dr. Doom for his gloomy prognostications about the economy and markets. Kaufman swung by Times Square to discuss the "Trump bump," the Fed, Wall Street culture and lessons learned at Salomon and beyond. See acast.com/privacy for privacy and opt-out information. Learn more about your ad choices. Visit megaphone.fm/adchoices...
The first episode of our "Summer Reading" series kicks off on a musical note. The Governors Ball co-founder discusses the economics of putting on a music festival, the business of live music and life as part of Live Nation, the world's largest concert-promotion company. See acast.com/privacy for privacy and opt-out information. Learn more about your ad choices. Visit megaphone.fm/adchoices...
Support for Donald Trump's presidential campaign is thin on Wall Street. The financial industry has by and large cast its bet with his Democratic rival Hillary Clinton. Not Anthony Scaramucci. The founder of SkyBridge capital, who once backed fellow Harvard Law graduate Barack Obama, is now one of the New York real estate developer's economic advisors. Scaramucci swung by Times Square to discuss why he's with Trump, and the impact that decision has had on his business and life among the financia...
With the U.S. presidential election entering its final days, the jockeying for prime roles in helping shape economic policy has begun in earnest. Who will run the Department of Treasury? Who will advise the next occupant of the White House on economic policy? What about the U.S. Trade Representative or Commerce Secretary? And what happens if Janet Yellen is a one-term Federal Reserve chair? Ben White, chief economic correspondent at Politico, and Gina Chon, Washington columnist for Breakingviews...
Donald Trump has made a lot of promises to spur U.S. economic growth if he becomes president. Judy Shelton, co-director of the Sound Money Project, is one of the economists working with the GOP nominee to turn this pledge into action. She sat down with us in Washington recently to discuss her views on global finance and monetary issues. The Exchange is a regular conversation with influential and interesting people hosted by Rob Cox, global editor of Breakingviews, the financial commentary public...
Want to know which emerging markets will thrive and which will fail? Listen to Morgan Stanley Investment Management's chief global strategist as he ticks through his ten metrics for determining the fate of economies. Hint: China is in a bad place. His new book, "The Rise and Fall of Nations" has some lessons for the developing world to consider, too. Description: The Exchange is a regular conversation with influential and interesting people hosted by Rob Cox, global editor of Breakingviews, the ...
James Burnett, editor of The Trace, an independent, non-profit media organization dedicated to expanding coverage of guns in the United States, swings by Times Square to discuss legislative responses to the horrific killing of 49 people at an Orlando nightclub, and the role firearms regulation will play generally in the upcoming presidential election. The Exchange is a regular conversation with influential and interesting people hosted by Rob Cox, global editor of Breakingviews, the financial co...
Congressman Jeb Hensarling, chairman of the U.S. House Financial Services Committee, discusses his proposal to replace the sweeping Wall Street reforms of the Dodd-Frank Act, which was passed after the 2008 crisis. The Texas Republican also discussed his recent meeting with Donald Trump, who might find Hensarling a good match for his cabinet should the Republican real-estate mogul become president. The Exchange is a regular conversation with influential and interesting people hosted by Rob Cox, ...
The Beach Boys founder and Rock and Roll Hall of Famer took a break from his "Pet Sounds" 50th anniversary world tour to talk about the iconic album. Wilson shares his studio memories, discusses the pain of writing a new autobiography and offers perspective on music technology. See acast.com/privacy for privacy and opt-out information. Learn more about your ad choices. Visit megaphone.fm/adchoices...
Yanis Varoufakis joins Rob Cox, global editor of Breakingviews,to talk about his new book, “And the Weak Suffer What They Must?”,the state of the EU, and the implications of a potential Brexit andTrump presidency. See acast.com/privacy for privacy and opt-out information. Learn more about your ad choices. Visit megaphone.fm/adchoices
The former BP chief swings by Times Square to discuss his new book on how companies can radically engage with the wider world and become more inclusive to the benefit of owners. He also talks about the potential for M&A in the energy business, the oil market and Brexit. The Exchange is a regular conversation with influential and interesting leaders in business and markets hosted by Rob Cox, global editor of Breakingviews, the commentary publication of Thomson Reuters. From Reuters’ global he...
Hedge fund manager Jeff Gramm pops over to Times Square to discuss his new book, "Dear Chairman," which chronicles eight decades of pushy investing from Benjamin Graham and Warren Buffett to Carl Icahn and Dan Loeb, and what this history means for markets now and in the future. The Exchange is a regular conversation with influential and interesting movers and shakers in business and markets. From Reuters’ global headquarters in New York’s Times Square, editors debate and discusses trends in fina...
Garry Kasparov, a Russian opposition leader who was ranked as the world's best chess player for most of 20 years, has a problem with the West’s response to Vladimir Putin’s Russia and warns of the dangers of the nation's global influence. The title of his new book – Winter Is Coming – is a conscious play on the famous Game of Thrones TV and book series and the sense of darkness stalking the world. See acast.com/privacy for privacy and opt-out information. Learn more about your ad choices. Visit ...
Dave Portnoy, founder of the oft-controversial sports blog website, swings by Times Square to discuss the sale of a majority stake to The Chernin Group, his plans for world domination, moving to New York and a Super Bowl without the Patriots. The Exchange is a regular conversation with influential and interesting movers and shakers in business and markets hosted by Rob Cox, global editor of Breakingviews, the commentary publication of Thomson Reuters. From Reuters’ global headquarters in New Yor...
Wisconsin Congressman Paul Ryan is playing the role of the adult in the room while the Republican presidential candidates one-up each other with increasingly outrageous rhetoric. The new house speaker chided Donald Trump's proposed ban on Muslims entering the country, saying it's "not what this party stands for." With Ryan potentially playing a leading role should the party wind up in a brokered convention next year, we went back into the archives to our chat with him, in which we discussed his ...
The Nobel Prize-winning economist and author of a new book - "Rewriting the Rules of the American Economy" - believes both Hillary Clinton and Bernie Sanders are “right on” when it comes to the issue of income inequality. Democratic front-runner Clinton also gets kudos from Stiglitz for tackling short-term capitalism. Maybe no surprise there – the former White House economic advisor's new book is thought to be a blueprint for Clinton's economic plan. But with some prodding, Stiglitz acknowledges...
The former Federal Reserve chairman is unapologetic about the central bank’s response to the great financial crisis. As he tells Rob Cox, and outlines in his new book “The Courage to Act,” the Fed was given little help by a dysfunctional Congress, in reviving the U.S. economy. In the absence of fiscal policy, the Fed had to do all the heavy lifting. As Bernanke tells Rob, it’s one reason Bernanke, who was appointed by President George W. Bush, has dropped his affiliation with the Republican Part...
