Here's your summary from Trump Picks Vance, Powell on Inflation, Goldman Profit | Horizons Middle East & Africa 07/16/2024 (https://www.youtube.com/watch?v=11YCFc3jOIc) on the Bloomberg Television channel:
### TLDR:
- Donald Trump picks J.D. Vance as his running mate.
- Jay Powell indicates confidence in inflation heading in the right direction, potentially leading to rate cuts.
- Goldman's profit surges, but plans to cut down on buybacks to increase capital.
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