
On today's episode of Bloomberg Businessweek Daily, Carol Massar and Tim Stenovec discuss Bitcoin falling below $70,000 with Nobel Laureate in Economics Paul Krugman, who calls the world's biggest cryptocurrency a "total bust." Fidelity Investments Director of Global Macro Jurrien Timmer also weighs in on Bitcoin price action and broader market volatility. Plus, Brooks Running CEO Dan Sheridan weighs in on the firm's global sales and the athleisure and footwear market as a whole. Then, Xero CEO Sukhinder Singh Cassidy on her company's business as AI worries weigh on tech firms. Chapters: 00:00:00 - Bloomberg Businessweek Daily Begins 00:03:48 - Paul Krugman, City University of New York 00:13:28 - Jurrien Timmer, Fidelity Investments 00:21:50 - Dan Sheridan, Brooks Running CEO 00:35:26 - Sukhinder Singh Cassidy, Xero CEO -------- Watch Bloomberg Radio LIVE on YouTube Weekdays 7am-6pm ET WATCH HERE: http://bit.ly/3vTiACF Follow us on X: https://twitter.com/BloombergRadio Subscribe to our Podcasts: Bloomberg Daybreak: http://bit.ly/3DWYoAN Bloomberg Surveillance: http://bit.ly/3OPtReI Bloomberg Intelligence: http://bit.ly/3YrBfOi Balance of Power: http://bit.ly/3OO8eLC Bloomberg Businessweek: http://bit.ly/3IPl60i Listen on Apple CarPlay and Android Auto with the Bloomberg Business app: Apple CarPlay: https://apple.co/486mghI Android Auto: https://bit.ly/49benZy Visit our YouTube channels: Bloomberg Podcasts: https://www.youtube.com/bloombergpodcasts Bloomberg Television: https://www.youtube.com/@markets Bloomberg Originals: https://www.youtube.com/bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake

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