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
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