Cockroaches and AI deals and stock prices, oh my!
Today on the Big Take podcast: Opinion columnist and markets editor John Authers and host David Gura unpack the worrying — and reassuring — signals in the economy
Jamie Dimon, JPMorgan Chase & Co.’s chief executive officer, said "my antenna goes up when things like that happen" in reference to the bankruptcies of Tricolor Holdings and First Brands Group.
Dimon warned that "when you see one cockroach, there are probably more" and that "I suspect when there’s a downturn you will see higher-than-normal downturn type of credit losses in certain categories".
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In recent weeks, a number of economic warning signs have put investors on edge, from growing skepticism over the possibility of an AI bubble to bankruptcies that have rocked the private credit market.
On today’s Big Take podcast, Bloomberg Opinion columnist and senior markets editor John Authers and host David Gura tackle the question: How worried should we be about the US economy?
The Big Take from Bloomberg News brings you inside what’s shaping the world’s economies with the smartest and most informed business reporters around the world. The context you need on the stories that can move markets. Every afternoon.
