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Podcast: Bloomberg Daybreak: Europe Edition
Episode: Waller's Fed Warning, 'Out-of-the-Blue' Stock Risks & UK Spending ‘Nasties’
Description: Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) Federal Reserve Governor Christopher Waller said there is no rush to lower interest rates, emphasizing that recent economic data warrants delaying or reducing the number of cuts seen this year.(2) JP Morgan's chief global equity strategist warned clients on Wednesday that they could be “stuck on the wrong side” of the momentum trade when it eventually falters, and he encouraged them to consider diversifying their holdings and thinking about risk management in their portfolios. (3) Ozempic could...