100M Oil Barrels Needed a Day, Paul Sankey Says
Bloomberg Surveillance
Bloomberg
3.8 • 1.2K Ratings
🗓️ 22 June 2018
⏱️ 32 minutes
🧾️ Download transcript
Summary
Ian Shepherdson, Pantheon Macroeconomics Chief Economist, says uncertainty about the tariff war is proving to be painful. Lisa Shalett, Morgan Stanley Wealth Management Head of Investment and Portfolio Strategies, advises her clients to have the maximum level of diversification in equity markets. Paul Sankey, Mizuho Oil Analyst and Managing Director, observes the global economy is stronger than people appreciate. And Brad DeLong, UC Berkeley Professor of Economics, says the 21st century won't be an American century if President Trump's trade and immigration policies continue.
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| 0:00.0 | Business stories aren't just about business. They're also about policy, politics, finance, and more. |
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| 0:24.7 | Bloomberg in-car apps are sponsored by interactive brokers. Welcome to the Bloomberg Surveillance Podcast, I'm Tom Keene. |
| 0:40.0 | Daily, we bring you inside. Welcome to the Bloomberg Surveillance Podcast. I'm Tom Keene. |
| 0:43.5 | Daily, we bring you insight from the best |
| 0:45.9 | in economics, finance, investment, |
| 0:48.1 | and international relations. |
| 0:49.8 | Find Bloomberg Surveillance on Apple Podcasts SoundCloud, Bloomberg.com and of course on the |
| 0:56.4 | Bloomberg. |
| 0:56.7 | So the main story, some White House officials trying to restart talks with China to |
| 1:07.2 | avoid a trade war before US tariffs on Chinese products take effect on July 6th, |
| 1:12.3 | this according to three people familiar with the plans |
| 1:14.8 | setting up a battle with others in the administration who favor a harder line. |
| 1:18.8 | So what is going on? Joining us now is Ian Shepherson, Pantthian macroeconomics, chief economist. |
| 1:24.0 | Ian, it's something that's driving sentiment and yet it's something that's so difficult |
| 1:27.5 | to get your hands around on any given day. |
| 1:29.5 | Well it is because it's pretty clear that within the administration there's something of a fight going on. |
| 1:34.7 | I'm pleased to hear that perhaps there are still some adults in the room and I think that |
| 1:40.7 | talking to China to resolve what are genuine issues. I mean you know I'm very much |
... |
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