Honda & Nissan Aim to Merge by 2026, Musk Targets ‘Overstaffed’ Fed | The Opening Trade: 12/23/2024

Honda and Nissan took their first historic steps toward merging to create a new force in the world’s automotive industry, as aggressive competition from China forces legacy carmakers to rethink their business models. Elon Musk calls the Federal Reserve 'absurdly overstaffed', as he prepares to lead a new agency aimed at making the US government more efficient, with a goal of $2 trillion in spending cuts.
The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Guy Johnson and Tom Mackenzie.

Chapters:
00:00:00 - Opening Trade
00:18:03 - Charu Chanana, Saxo Chief Investment Strategist
00:30:03 - Fabrice Pothier, Nato Former Policy Planning Director & Rasmussen Global CEO
00:55:45 - Novo Shares Rise After Friday Plunge
00:57:28 - Charles-Henry Monchau, SYZ Group CIO
01:09:59 - Honda-Nominated Direcor to Helm Joint Holding Company
01:13:09 - French Government Deadline Nears
01:19:52 - Carten Brzeski, ING Research, Global Macro Head
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