The French Finance Minister refuses to accept Marine Le Pen’s demands for budget changes, despite her threat to topple the government. The Euro and french bond futures slide lower; US President Joe Biden arrives in Angola later today – making good on a promise to visit the continent before his term ends; The greenback strengthens after Trump warns BRICS nations not to replace the US dollar, threatening 100-percent tariffs if they do; PLUS.. Stellantis CEO Carlos Tavares quits early over a strategy dispute.. we look into the headwinds facing automakers. Guests on the show: Paul Gambles, MBMG Group, Co-Founder & Managing Partner; Rachel Ziemba, ZIEMBA Insights Founder; Jun Bei Liu, Tribeca Investment Partners Portfolio Manager; and Selva Demiralp, Koç University, Economics Professor.
(Corrects to remove erroneous on-screen graphic regarding the capture of Aleppo.)
Chapters:
00:02:55 – Paul Gambles, MBMG Group, Co-Founder & Managing Partner
00:10:25 – President Biden to arrive in Angola
00:13:41 – Stellantis CEO Carlos Tavares quits
00:17:34 – Antoine Armand, French Finance Minister
00:26:18 – President Biden pardons son Hunter
00:31:54 – Rachel Ziemba, ZIEMBA Insights Founder
00:41:49 – Jean-Christophe Babin, Bulgari CEO
00:49:38 – Jun Bei Liu, Tribeca Investment Partners Portfolio Manager
00:58:21 – Biden’s visit to Angola overshadowed by executive pardon
01:23:34 – French political turmoil hits euro, bonds
01:28:27 – Rebels capture major Syrian city Aleppo
——–
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