Why Utility Companies are Paying For California's Wildfires

Why Utility Companies are Paying For California's Wildfires

By Bloomberg

On What'd You Miss This Week, Scarlet, Joe and Caroline spoke with Mark Kiesel, Chief Investment Officer for Global Credit at PIMCO, about a bold call from one of his colleagues, CIO Dan Ivascyn, that global trade tensions may actually benefit the U.S. economy. David Kirkpatrick, Techonomy Media CEO and the author of The Facebook Effect joined to discuss President Trump's accusations of Google rigging their algorithm against him. Carolyn Kousky, Director of Policy Research and Engagement at the Wharton Risk Center, also joined to discuss why utility companies are stuck footing the bill for California's record wildfires. Then Dan Suzuki, Portfolio Strategist at Richard Bernstein Advisors, came on to talk about how markets were reacting to the constant stream of trade headlines.

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