Powell Flags Rate Cut, Wall Street Banks Feeling Free, Sharing Sun Valley Ideas, Scripophily

Tendayi Kapfidze, Chief Economist at LendingTree, discusses the Federal Reserve preparing to cut interest rates for the first time in a decade, which he says will not have an impact on the economy. Michelle Davis, Bloomberg News Finance Reporter, talks about how banks, now feeling unshackled from regulations, are expanding into new markets, introducing products and making acquisitions. Bloomberg Radio Host Paul Sweeney shares news from Sun Valley Media Conference. Bloomberg Businessweek Editor Joel Weber and Businessweek Markets and Finance Editor Pat Regnier discuss collectors paying $395 for Bear Stearns stock certificates, among other defunct companies, and the practice of scripophily. And we Drive to the Close with John Traynor, CIO at People's United Wealth Management.  Hosts: Carol Massar and Jason Kelly.  Producer: Paul Brennan  See omnystudio.com/listener for privacy information.