Bloomberg Podcasts · Xi Warns Trump of Potential Conflict over Taiwan; Senate Confirms Kevin Warsh | Bloomberg...

1. 1. President Xi Jinping warned that mishandling the Taiwan issue could lead to conflict and dangerous US-China relations.
2. 2. China pledged market openness and renewed US beef import licenses, showing interest in American oil.
3. 3. Kevin Warsh was confirmed as the Federal Reserve's next chair by the slimmest margin ever.
4. 4. Democrats opposed Warsh's confirmation, fearing he would bend to President Trump's demands for rate cuts.
5. 5. The stock market's recent rally is narrowly focused, primarily driven by the artificial intelligence theme.