KKR's Henry McVey Talks Private Markets

Randi Weingarten, American Federation of Teachers President, talks about integration of artificial intelligence in schools to help students and teachers. Weingarten stressed the importance of learning as opposed to letting AI take charge. She spoke to Bloomberg's Carol Massar and Tim Stenovec. See omnystudio.com/listener for privacy information.

NFL players overwhelmingly prefer natural grass, citing comfort and player-safety concerns, even as the league maintains that recent injury data show no significant difference between grass and artificial turf. The NFL and NFLPA are moving toward stricter performance-based standards for all surfaces, while Buffalo’s new Highmark Stadium illustrates the challenge: its grass field met league compliance requirements but developed significant divots and had to be replaced before the regular-season opener. NFL field director Nick Pappas says the goal is consistency and performance rather than simply choosing grass or turf. He spoke to Bloomberg's Carol Massar, Tim Stenovec, and Randall Williams.See omnystudio.com/listener for privacy information.

Henry McVey, partner, head of global macro and asset allocation and CIO of the KKR’s balance sheet, suggested the investors should shift to private markets as the traditional stock-bond diversification model breaks down under the pressure of geopolitical tensions and growing fiscal deficits. He spoke to Scarlet Fu and Tom Keene on “Bloomberg Money.” See omnystudio.com/listener for privacy information.

Dana Telsey, Chief Research Officer and Founder at Telsey Advisory Group, talks valuation method for target price and risks across one or more sectors for investment, including volatility of commodity costs, consumer spending, weaker consumer confidence and unemployment rates. She talks to Bloomberg's Tom Keene and Paul Sweeney.See omnystudio.com/listener for privacy information.

Torsten Slok, Chief Economist at Apollo, talks Forbes list of wealthiest Americans and net worth of private business owners. Most top-end wealth in the US does not sit with a few household names but with millions of business owners in towns and mid-size cities across the country. He talks to Bloomberg's Tom Keene and Paul Sweeney. See omnystudio.com/listener for privacy information.

California Attorney General Rob Bonta discusses his opposition to Paramount Skydance's $110 billion takeover of Warner Bros. Discovery. Speaking to host Romaine Bostick as heard on Bloomberg TV and Radio, Bonta also comments on the child safety settlement with Meta Platforms, the future of AI, prediction markets and the Supreme Court ruling on mail-in ballots. See omnystudio.com/listener for privacy information.

This week United Nations Secretary General said nations must coordinate global efforts to regulate AI, echoing calls for closer monitoring of the technology after warnings from leaders of the world’s top firms. The comments come days before world leaders descend on New York for the UNGA’s annual high-level week. Speaking with host Romaine Bostick, UN General Assembly president Khalilur Rahman says that the UN must unlock its doors to the AI industry. See omnystudio.com/listener for privacy information.

Ed Yardeni, Yardeni Research Founder and President, talks about why he's slashing his year-end forecast for the S&P 500 Index to 7,900 from 8,400. He also says the Federal Reserve could raise interest rates two more times this year. Yardeni says Iran is likely to wreak havoc and keep oil prices elevated. He spoke to Bloomberg's Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern.See omnystudio.com/listener for privacy information.

Bill Dudley, former New York Fed President and Bloomberg Opinion columnist, says another interest-rate hike from the Federal Reserve is in order “unless the data changes pretty dramatically.” He talks to Bloomberg's Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern.See omnystudio.com/listener for privacy information.

Bloomberg's Tom Keene, Jon Ferro and Lisa Abramowicz discuss remarks from Fed Chair Kevin Warsh following the Federal Reserve's latest policy decision on a special edition of Bloomberg Surveillance.  The Federal Reserve raised interest rates by a quarter percentage point and penciled in an additional hike later this year, steps aimed at containing inflation that will test Chairman Kevin Warsh’s relationship with President Donald Trump. Wall Street traders drove stocks to the lowest since July on bets the Federal Reserve will keep raising rates to combat inflation after delivering its first hike in three years. In his remarks to reporters, Fed Chair Kevin Warsh restated his concerns over inflation, saying too many categories of products and services were showing annualized price gains above 3% on a 6- and 12-month basis.See omnystudio.com/listener for privacy information.