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Bloomberg Surveillance

Blanchflower: BOE forecasts have been too optimistic

Bloomberg Surveillance

Bloomberg

News, Business, Business News, Investing

3.81.2K Ratings

🗓️ 15 March 2016

⏱️ 13 minutes

🧾️ Download transcript

Summary

Blanchflower: BOE forecasts have been too optimistic

Transcript

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0:00.0

Osage County, Oklahoma is getting a lot of attention right now.

0:04.4

It's the setting of Martin Scorsese's latest film,

0:07.8

Killers of the Flower Moon.

0:10.0

The movies based on a book about the 1920s Osage murders,

0:14.1

when white men poured into Osage County

0:16.4

and killed Osage people for their oil wealth.

0:20.1

I'm Rachel Adams Heard, the host of InTrust, a podcast from Bloomberg and I Heart Media.

0:26.8

For over a year I was reporting a different story about other ways white people got

0:32.1

Osage, land, land and wealth and how a prominent ranching family in Osage County became one of the biggest landowners here.

0:40.0

Their ranching empire was built on land that at the turn of the century was all owned by the Osage Nation.

0:47.0

So how did they get it?

0:49.0

Listen to the award-winning podcast, Trust on the I Heart Radio app Apple

0:55.3

Podcast or wherever you get your podcast.

0:58.1

Global Business News

1:03.3

News 24 hours a day at Bloomberg.com, the Radio Plus Mobile Act, and on your radio.

1:09.0

This is a Bloomberg Business Flash.

1:11.5

And I'm Karen Moscow.

1:13.0

Stocks are lower with the S&P 500 index slipping for a second day.

1:16.7

As investors consider the capacity of central banks to boost global growth,

1:20.7

we check the markets every 15 minutes throughout the trading day on Bloomberg.

1:24.3

S&P 500 down half percent or nine points to 2010.

1:27.8

The Dow Jones Industrial average down 4.10 percent or 61 points to 17,167 and the NASDAQ is down 410 percent or 20 points to 4729.

...

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