Abby Joseph Cohen Calls for More Realistic Approaches to Policy
Channel: Bloomberg Television
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Read a transcript preview of “Abby Joseph Cohen Calls for More Realistic Approaches to Policy” from Bloomberg Television, uploaded on 2026-11-04.
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Language: English (original, creator captions)
[0:00] Let's continue the conversation. We welcome now Abby Joseph Cohen, former Goldman Sachs partner and now
[0:05] Columbia Business School professor. Professor, great to see you this morning. Thank you so much for
[0:09] joining us. And, look, this is a market that has decided that this is a clearing
[0:13] event. How are you viewing last night? Is it enough that we got a decisive outcome
[0:17] that hasn't been challenged? Is this just one risk that we can move past?
[0:22] Well, I think it's fair to say that we don't quite know what the market reaction
[0:26] will be beyond this initial reaction. Clearly, there's a sigh of relief in many parts of
[0:32] The United States that the Democrats did have this decisive win, and not just in the
[0:38] congress, but very importantly, at state houses. And I think that we need to recognize that
[0:44] even with congressional control turning over to the Democrats, we don't quite know what's going to
[0:51] be happening at this point. But clearly, thus far, we have