Bloomberg Opinion

If the run-up to the election can be taken as a preview, don’t expect corporate America to act as any kind of check to the Donald Trump presidency redux. The strategy most CEOs adhered to during the campaign cycle was to do and say as little about politics as possible. It’s the same approach they seem poised to carry over into Trump’s next term — more interested in staying in the president-elect’s good graces than they are in acting as a counterweight to his bullying tactics and lack of civility. No one wants to attract the rage of the Trump White House, especially those who have been there before. But any CEO who plans to spend the next four years staying silent should remember that the rule of law and democracy are not only good for business but fundamental to a functioning economy. There will come a time when corporate America will need to stand up to the Trump administration because its policies are so morally repugnant or so threatening to economic stability that they have no choice. CEOs and boards need to start thinking now about what their red lines will be and how they’ll respond. My latest for Bloomberg Opinion.

Mexico needs to put its fiscal accounts back in order, no question. But a sharp austerity program as suggested by the Finance Ministry is neither desirable nor feasible NEW COLUMN for Bloomberg Opinion https://lnkd.in/dqS6qDGk

What's going to happen to AI regulation under Donald Trump? The incoming US president wants to slash red tape -- but Elon Musk could be his wildcard. Both love light touch regulation, but Musk's existential fears about AI could keep at least some of the current guardrails up. My latest @Bloomberg column digs into why the tech mogul's deep beliefs about AI safety might actually preserve oversight - even as both push to unleash AI's voice. #AI #TechPolicy https://lnkd.in/dgKPygfa?

Trump & Marco Rubio should tread strategically in Latin America, not just brandish a big stick, if they want to keep the region from getting closer to China my latest for Bloomberg Opinion https://shorturl.at/hpXOE

Where is the economy headed now that #Trump will be in office? 📊 Watch my summary on the #Dow, economic uncertainty, #inflation, private prisons and #Bitcoin 🎥 Jessica Karl broke it down in six charts in her FREE newsletter. Sign up for it here: https://lnkd.in/dDHSZtkp

Here's how Donald Trump and Elon Musk can deregulate without blowing up the financial system. From Bloomberg Opinion Editorial Board

📲 Tech columnist Dave Lee stopped using #X more than a year ago. “My eyeballs are no longer for sale to #Musk and whatever grotesque content he wants to serve up in front of them,” he wrote for Bloomberg Opinion. 🪂 It’s still relevant today: with an “X-odus” leading millions of users to alternative sites, #Bluesky and #Threads. The former Twitter’s content will only become worse for users: https://lnkd.in/eGfn5_eV

[No paywall with this link:] In foreign as in every kind of policy, Donald Trump is fast and furiously signaling the style and substance of his second term in the White House. Based on the likely appointments known so far, here’s how that’s shaping up: China and Iran should beware; Israel can cautiously take heart; and Ukraine, we’ll get back to you. As ever with Trump, though, the theme that dominates all these considerations is the message to the incoming minions. In his first term, Trump went through four national-security advisors, three of whom he fired and then hated when they turned against him. This time, nobody will be allowed anywhere near the administration who might either outshine or challenge the strongman behind the Resolute Desk. So the first requirement for the new batch is unequivocal submission. That’s one of the reasons for Trump’s choice of Michael Waltz as national-security adviser, Marco Rubio as secretary of state and Elise Stefanik as ambassador to the United Nations... [Read the whole column] Bloomberg Opinion https://bit.ly/3Z2enZf

What appointing RFK Jr. to President-Elect Trump’s administration would mean for America’s health and Trump’s own political standing and legacy: https://lnkd.in/enQhM8Bi

📈 #Bitcoin is having a great week, but is it ALL thanks to #Trump? Trump, a recent crypto convert, has promised more friendly regulation and raised the prospect that his administration may start a crypto fund. 📉 But #crypto is a volatile asset, and it's been a risky investment, says Allison Schrager. Even if Trump were not a crypto enthusiast, it would probably be having a great week because when the market is up, crypto goes up. That also means when the market is down, crypto is way, way down. "This is hard to square with crypto’s promise as a safe and secure way to make transactions — an asset that will retain its value even as governments inflate away their currencies or, worse, the global economic system collapses." Read Allison's piece for Bloomberg Opinion: https://lnkd.in/exEw4y3E