Here's your summary from Trump Names Vance as VP Pick, Powell Sees Inflation Confidence | Bloomberg: The Asia Trade 7/16/24 (https://www.youtube.com/watch?v=7C_-9fE0NpM) on the Bloomberg Television channel:
### TLDR:
- Trump names Ohio Senator J.D. Vance as his running mate, marking a generational shift for the Republican Party.
- Fed Chair Jay Powell expresses growing confidence in inflation heading towards the 2% target.
- Goldman Sachs reports a surge in earnings in the second quarter, outpacing analyst estimates.

### Key Points:
1. Trump selects J.D. Vance as his VP pick, emphasizing populist views and appeal to the white working class.
2. Fed Chair Powell signals potential rate cuts this year as inflation outlook improves.
3. Goldman Sachs sees strong earnings in Q2 but misses in advisory fees, plans to moderate buybacks.
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