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Risky Business in Wall Street | Weekly Business Briefs w/ Martin Perdomo

Wealthy AF Podcast
Wealthy AF Podcast
Episode • May 15, 2024 • 5m

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Could the mighty US dollar be even more invincible than we thought? Get the scoop on its staying power as we unpack the economic forces that are keeping the greenback on top, leaving contenders like the yuan and cryptocurrencies in the dust. We're slicing through the complex web of international trade, where political maneuvers meet the pocketbooks of everyday citizens. From the robust resilience of the American economy to the unpredictable dance of digital currencies, join us as we break down the financial buzzwords and bring you straight talk on the money matters that hit home.

Then, we're peering behind the curtain of high-stakes finance where Arkegos Capital Management's Bill Hwang walks a tightrope between genius and infamy. Discover the inside story of risky bets and market manipulation accusations that are shaking the foundations of Wall Street. Plus, we're dissecting President Biden's latest tariff tactics on Chinese imports—could this be a strategic move for economic security or a political play for votes? We're calling it how we see it, examining the decisions shaping our economic future and the ripple effects on both global and local scales. Tune in for an episode where fiscal policy meets real talk, and leave armed with knowledge that goes beyond the headlines.

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