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Gold enjoyed a breakout summer, driven by Treasury buybacks, growing fiscal pressures that revived currency-debasement concerns and softer jobs data that tempered Fed rate-hike expectations. With central bank demand and geopolitical risk adding support, can gold keep rallying into the Fall?
Berkshire Hathaway CEO Greg Abel joins 'Squawk Box' to discuss the company's investment in Japan, Berkshire's strategic partnership with Tokio Marine, impact of high Japanese bond yields, Berkshire' investment portfolio, his relationship with Warren Buffett, AI investment opportunities, data center growth opportunity, and more.
BlackRock's Global Chief Investment Strategist Wei Li joins Joe Cass to talk about whether the AI boom is a bubble, why she thinks we're still in the early build-out phase, and how a wider-than-ever range of outcomes is reshaping portfolios.00:00 Is there an AI bubble?
05:08 Day in the life of Wei Li
06:14 How to stand out in an AI world
08:08 Blackrock’s internal AI platforms
10:02 Wei’s most important datapoint
11:18 Wei’s contrarian investment belief
12:31 What is it really like working at Blackrock?
13:37 Inside Blackrock’s Investment Committee
14:45 Biggest misconceptions about Blackrock
18:29 Public to Private Markets power shift
21:14 How Wei communicates
23:28 The importance of an S&P rating
24:40 How to be disciplined in a whipsaw market?
26:38 The rise (and fall?) or US market dominance
28:55 Wei’s advice to young professionals
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