Michael McKee, Bloomberg News Economics Editor, discusses the recent market volatility as all three major U.S. stock indexes dropped about 1% amid a sharp rise in oil and gas prices with Bloomberg’s David Gura, Christina Ruffini on “Bloomberg This Weekend.” (Source: Bloomberg)
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Bloomberg
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There would have to be a “very good reason” for the US to deploy ground troops to Iran, President Donald Trump says in a meeting with the press on Air Force One.
A pair of inflation reports, including the Federal Reserve’s preferred price gauge, surface in the coming week after a dismal February jobs report that challenged perceptions the labor market is stabilizing.
War in Iran. A weakening US jobs market. Artificial intelligence and the potential demise of whole industries. Growing pressure on private credit.
Polymarket founder and CEO Shayne Coplan said the prediction market industry’s war-related contracts face growing risks and acknowledged that rising visibility brings “more money, more problems” — a blunt concession from one of the sector’s most prominent figures that its flagship product threatens to become a political liability.