Bloomberg Businessweek Bloomberg Businessweek Weekend - November 22nd, 2024
Nov 22, 2024
In this engaging discussion, Josh Green shares insights on Trump's political dynamics and challenges, particularly around economic sentiment. Noor Suede highlights the growth of venture capital in the Middle East and the burgeoning tech scene. Brandon Knudsen recounts Ziggy's Coffee's remarkable journey from startup to 100 locations, emphasizing customer focus. Aldo Geloso notes the rising demand for ready-to-drink cocktails, showcasing his family's evolution in the beverage industry, from grapes to cocktails—all while keeping a keen eye on changing consumer tastes.
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Trump's Priorities
- Trump prioritizes his approval rating and a booming stock market over midterm election results.
- He views the S&P 500 as a key indicator of his presidency's success.
Trump's Economic Views
- Trump disagrees with mainstream economists on tariffs causing inflation, citing his first term as evidence.
- This belief, coupled with Republican control of Congress, might lead to a risky economic period.
Deportation Plans
- Trump's appointments and statements suggest his commitment to deporting millions of undocumented immigrants.
- This aligns with his hardline stance on immigration during his campaign.
