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Michael McKee

๐Ÿ‘ค Speaker
655 total appearances

Appearances Over Time

Podcast Appearances

Bloomberg News Now
Trump Picks a Reinvented Warsh, Stocks Trim Losses, More

And he thinks officials over communicate.

Bloomberg News Now
Trump Picks a Reinvented Warsh, Stocks Trim Losses, More

So if he can get control of the committee, he will probably make a lot of changes at the Fed.

Bloomberg News Now
Trump Picks a Reinvented Warsh, Stocks Trim Losses, More

And that is something I assume that Donald Trump would be happy with.

Bloomberg News Now
Trump Picks Kevin Warsh to Lead Fed, Markets React, More

Warsh has stayed in close contact with the president ever since, and of course his family, not him as much, but his family has been big donators to the Republican Party.

Bloomberg News Now
Trump Picks Kevin Warsh to Lead Fed, Markets React, More

So Warsh and the president have a relationship.

Bloomberg News Now
Trump Picks Kevin Warsh to Lead Fed, Markets React, More

The biggest issue has been whether Warsh would be too hawkish, given that the president wants extremely low interest rates.

Bloomberg News Now
Trump Picks Kevin Warsh to Lead Fed, Markets React, More

Warsh has made some comments recently to the effect that AI and the massive capital spend we've seen

Bloomberg News Now
Trump Picks Kevin Warsh to Lead Fed, Markets React, More

and the deregulation of the Trump administration would mean faster growth with lower inflation.

Bloomberg News Now
Trump Picks Kevin Warsh to Lead Fed, Markets React, More

So that may have made him acceptable as a final choice.

Bloomberg News Now
Markets Close with Historic Microsoft Slide, Dems and Trump Near Shutdown Deal, More

They do rise to 209,000 last week, but that's still a very, very low number.

Bloomberg News Now
Markets Close with Historic Microsoft Slide, Dems and Trump Near Shutdown Deal, More

Now, we should point out, you've heard a lot about layoffs the last 48 hours or so, including more today from Dow.

Bloomberg News Now
Markets Close with Historic Microsoft Slide, Dems and Trump Near Shutdown Deal, More

Those won't show up as jobless claims until those people's severance runs out.

Bloomberg News Now
Markets Close with Historic Microsoft Slide, Dems and Trump Near Shutdown Deal, More

So we wouldn't expect the numbers that we've heard this week to suddenly show up.

Bloomberg News Now
Dems Block Budget Bills, Trump to Name Fed Chair Next Week, More

One of the reasons that the Atlanta Fed GDP now number is so strong is because imports collapsed in October.

Bloomberg News Now
Dems Block Budget Bills, Trump to Name Fed Chair Next Week, More

And now it looks like we're getting much more of the kind of trade balance we have been getting in the past.

Bloomberg News Now
Congress Facing Shutdown, Trump to Name New Fed Chair Next Week, More

One of the reasons that the Atlanta Fed GDP now number is so strong is because imports collapsed in October after so much stuff was pulled forward.

Bloomberg News Now
Congress Facing Shutdown, Trump to Name New Fed Chair Next Week, More

And now it looks like we're getting much more of the kind of trade balance we have been getting in the past.

Bloomberg News Now
Stocks Open Mixed, Homan Wants Targeted MN Operations, More

Remember, it came in at $29.2 billion, an extraordinarily low number when first reported for October.

Bloomberg News Now
Stocks Open Mixed, Homan Wants Targeted MN Operations, More

The number is, for November, 56.8.

Bloomberg News Now
Stocks Open Mixed, Homan Wants Targeted MN Operations, More

It's time to basically bring the Model S and X programs to an end with an honorable discharge.