Wall Street Week 08/16/2024

On this edition of Wall Street Week, Goldman Sachs chief economist Jan Hatzius tells us why he thinks the odds of a recession are likely to come down. Yale Law School professor Zachary Liscow distinguishes between infrastructure investment and manufacturing capacity in the US. PGIM Fixed Income Co-CIO Gregory Peters thinks that fixed income ETFs have more room to grow. HANG Media co-founder and CEO Jon Klein tells us why traditional media players are losing out to big tech players entering the space. Citi Wealth at Work’s head Kristen Bitterly tells us why she thinks the labor market is cooling rather than contracting.

Chapters:
00:00:00 – Hatzius: Optimistic That Inflation is in Rearview Mirror
00:09:25 – More than the Magnificent Seven
00:16:32 – Responsibility for Industrial Capacity
00:23:58 – Peters: Fixed Income ETFs Poised for Growth
00:33:04 – Klein: Media is Coming to Terms with Reality
00:43:36 – An Apple a Day Keeps the Taxman Away
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