Sonali Basak's profile photo

Sonali Basak

New York

Global Finance Correspondent and Anchor, Open Interest and Real Yield at Bloomberg Television

Global finance correspondent @BloombergTV + anchor for Open Interest 9-11 am daily New York time, & writing like mad @business. @NYUStern MBA. Views are my own.

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Articles

  • 1 week ago | bloomberg.com | Sonali Basak |Teresa Xie

    Michael Novogratz, founder and chief executive officer of Galaxy Digital LP, during the iConnections Global Alts 2024 event in Miami Beach, Florida, US, on Tuesday, Jan. 30, 2024. Speakers at the event will share insights and strategies related to alternative investments. (Bloomberg) -- Billionaire Michael Novogratz said that the passage of landmark stablecoin legislation will bring more traditional financial institutions into the cryptocurrency market.

  • 1 week ago | bloomberglinea.com.br | a Cantrell |Sonali Basak

    Bloomberg — O autor do livro A lógica do cisne negro, Nassim Taleb, disse que a abordagem do presidente Donald Trump em relação às tarifas irá deprimir o produto interno bruto dos EUA e poderá em breve levar à escassez de mão de obra. Taleb, que também é consultor científico do fundo de hedge Universa Investments, disse que as tarifas podem ser necessárias, mas precisam ser “simétricas”.

  • 1 week ago | news.bloombergtax.com | Amanda Cantrell |Sonali Basak

    The Black Swan author Nassim Taleb said President Donald Trump’s approach to tariffs will depress US gross domestic product and could soon lead to labor shortages. Taleb, who’s also scientific adviser for hedge fund Universa Investments, said tariffs may be necessary, but they need to be “symmetric.” Much of the US economy is based on cheap labor and constraining that input will have real knock-on effects, he said.

  • 1 week ago | bloomberg.com | Amanda Cantrell |Sonali Basak

    Nassim Nicholas Taleb in New York in 2023. (Bloomberg) -- author Nassim Taleb said President Donald Trump’s approach to tariffs will depress US gross domestic product and could soon lead to labor shortages. Taleb, who’s also scientific adviser for hedge fund Universa Investments, said tariffs may be necessary, but they need to be “symmetric.” Much of the US economy is based on cheap labor and constraining that input will have real knock-on effects, he said.

  • 1 week ago | news.bloomberglaw.com | Amanda Cantrell |Sonali Basak

    The Black Swan author Nassim Taleb said President Donald Trump’s approach to tariffs will depress US gross domestic product and could soon lead to labor shortages. Taleb, who’s also scientific adviser for hedge fund Universa Investments, said tariffs may be necessary, but they need to be “symmetric.” Much of the US economy is based on cheap labor and constraining that input will have real knock-on effects, he said.

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Sonali Basak
Sonali Basak @sonalibasak
12 Jun 25

RT @GunjanJS: We dug into more than 6,000 disclosures by House lawmakers on their stock and options trading during Liberation Week Here’s…

Sonali Basak
Sonali Basak @sonalibasak
11 Jun 25

RT @lisaabramowicz1: DoubleLine’s Gundlach has cut his allocation to speculative-grade credit to the lowest since his firm was founded. He…

Sonali Basak
Sonali Basak @sonalibasak
11 Jun 25

*GUNDLACH SAYS PRIVATE CREDIT ANALAGOUS TO CDOS IN MID-2000'S