A Jobs Day Breakdown and Outlook for Rate Cuts
Bloomberg Surveillance
Bloomberg
3.8 • 1.2K Ratings
🗓️ 7 June 2024
⏱️ 33 minutes
🧾️ Download transcript
Summary
Watch Tom and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.
Bloomberg Surveillance hosted by Tom Keene and Paul SweeneyJune 7th, 2024
Featuring:
- Lindsey Piegza, Chief Economist at Stifel, reacts to latest US jobs numbers and makes her case for rate increases
- Claudia Sahm, Chief Economist at New Century Advisors, talks about her reading of the jobs figures, how the Sahm Rule applies, and whether her rule is indicating the US is headed for recession
- Nick Colas, co-founder at DataTrek Research, talks about trader reaction to jobs data and whether the equity rally can sustain itself
- Bloomberg's Lisa Mateo with her Newspaper Headlines
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Transcript
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| 0:34.0 | Podcasts, Radio News. |
| 0:37.0 | This is the Bloomberg surveillance podcast. I'm Todd Keene along with Paul Sweeney. |
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| 1:17.6 | Joining us now, the one person I wanted to talk to were commercial for you through the half hour. |
| 1:23.0 | Good morning, huge audience out on YouTube. |
| 1:25.2 | Good morning to all of you. |
| 1:26.8 | Lindsey Peezy joins us who's pushed way against consensus |
| 1:31.2 | and it said this is a fed of stability or even rate increase. |
| 1:36.0 | See you look like a genius this morning. |
| 1:39.0 | Are you going to look like a genius in 30 days for the report come July? |
| 1:46.0 | Well, I think so even if we did see a hotter than expected print in even the next one or two inflation reports, it's not going to be enough |
... |
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