Bloomberg Wealth
Coverage of Bloomberg Wealth in the Nexus archive.
- ‘A fantastic amount of money to have borrowed’: a top Wall Street wealth advisor is stunned by the national debt
Greg Fleming, CEO of Rockefeller Capital Management, expressed concern over the U.S. national debt nearing $40 trillion, noting federal interest payments now exceed defense spending. He highlighted annual GDP deficits of 5-7% and warned of long-term fiscal challenges, even as AI adoption and productivity gains could offer partial relief.
- Jeremy Grantham Points to a Watershed Moment for Big Tech
Jeremy Grantham, a GMO LLC co-founder and chief investment strategist, discussed a significant turning point for Big Tech during a Bloomberg Wealth interview with David Rubenstein. The conversation took place in Boston, Massachusetts, US.
- Jeremy Grantham on How to Tell If a Bubble Is About to Burst
Jeremy Grantham, co-founder and chief investment strategist of GMO LLC, discussed identifying market bubbles during an interview on Bloomberg Wealth with David Rubenstein. He is known for establishing one of the world's first index funds in the early 1970s and was recognized in Bloomberg Markets' 2011 Most Influential ranking.
- Sundheim’s D1 Hedge Fund Tumbled 6% in March as Biggest Stock Bets Soured
D1 Capital Partners LP, a hedge fund led by founder Dan Sundheim, experienced a 6% decline in March due to significant stock bets turning sour. Sundheim discussed his 2021 shorting of GameStop, which he described as a painful experience.