What Goes Up

Jerome Powell’s Necktie Is Too Tight

Simultaneous pressure from markets and President Donald Trump to lower interest rates makes Federal Reserve Chairman Jerome Powell look like a guy whose necktie is too tight, says Julian Emanuel, chief equity and derivatives strategist at brokerage BTIG. He explains why, despite that pressure, the Fed may not cut rates in July as markets expect. Also joining the podcast is Bloomberg Opinion technology columnist Shira Ovide, who discusses how Slack Technologies Inc. has made its stock-market debut at a time when subscription-based, business-to-business software stocks are hot. Mentioned in this podcast: <a href="https://www.bloomberg.com/news/articles/2019-06-20/only-game-in-town-u-s-stocks-surge-to-records-in-yield-chase"> Only Game in Town, U.S. Stocks Surge to Records in Yield Chase</a><a href="https://www.bloomberg.com/opinion/articles/2019-06-13/what-dangers-lurk-in-facebook-google-in-boxes"> What Dangers Lurk in Tech Company Emails?</a><a href="https://www.bloomberg.com/opinion/articles/2019-06-19/slack-poised-to-join-cloud-valuations-soaring-into-thin-air"> Slack Poised to Join Cloud Valuations Soaring Into Thin Air</a><a href="https://www.bloomberg.com/opinion/articles/2016-10-28/trade-of-the-week-hedging-duration-risks-in-neckties">Fatter Neckties Will Save the Economy</a>See <a href="https://omnystudio.com/listener">omnystudio.com/listener</a> for privacy information.

Hosts Mike Regan and Vildana Hajric are joined each week by expert guests to discuss the main themes influencing global markets. They explore everything from stocks to bonds to currencies and commodities, and how each asset class affects trading in the others. Whether you’re a financial professional or just a curious retirement saver, What Goes Up keeps you apprised of the latest buzz on Wall Street and what the wildest movements in markets will mean for your investments.