Wall Street Week 08/09/2024

On this edition of Wall Street Week, Former US Treasury Secretary Lawrence H. Summers says that the SEC and exchanges should look into the surge in the VIX. DWS Americas CIO David Bianco says that the spike in volatility is evidence of investors overreacting. Harvard professor of economics Greg Mankiw says that the US is leaving the next generation a negative bequest. WestExec Advisors co Chapters: 00:00:00 - Summers: "Fools Game" for Politicians to Get Involved with Fed 00:10:41 - Bianco: Volatility Shows Investors Overreacting 00:17:30 - Mankiw: We Are Leaving Our Children a Negative Bequest 00:23:56 - Arms Race in AI 00:33:14 - Hidary: Economy Needs Large Quantitative Model of AI 00:43:36 - President's Best Friend -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts