Blockchain is the Game Changer, Dr. Alankar Says
Bloomberg Surveillance
Bloomberg
3.8 • 1.2K Ratings
🗓️ 30 November 2017
⏱️ 29 minutes
🧾️ Download transcript
Summary
Geoff Dennis, UBS Investment Bank Head of EM Strategy, says they have told their investors to be careful being long on technology. Stephen Schork, Schork Report President, says the Black Swan for the 2018 oil market is Saudi Arabia driving Qatar into the arms of Iran. Ashwin Alankar, Janus Henderson Global Head of Asset Allocation and Risk Management, thinks a lot of people are misinterpreting bitcoin as the blockchain. Ben Emons, Intellectus Partners Chief Economist, says Marvin Goodfriend's nomination could lead to a big shift in the Fed's agenda next year.
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| 0:00.0 | There's so much news happening around the world that we're somehow supposed to stay on top of. |
| 0:05.5 | That's why we launched The Big Take. It's a daily podcast from Bloomberg and I Heart |
| 0:11.4 | Radio that turns down the volume a bit to give you some space to think. |
| 0:16.5 | I'm Wes Kossova. |
| 0:18.0 | Each weekday I dig into one important story and talk about why it matters. |
| 0:23.7 | Listen to the big take on the I Heart Radio app, |
| 0:26.6 | Apple Podcasts, we bring you insights. Welcome to the Bloomberg Surveillance Podcast. I'm Tom Keene. |
| 0:43.4 | Daily, we bring you insight from the best in economics, finance, investment, |
| 0:47.8 | and international relations. |
| 0:49.8 | Find Bloomberg Surveillance on Apple Podcasts, SoundCloud, Bloomberg.com, and of course, on the Bloomberg. |
| 1:00.8 | We're going to rip up the script here right now. We've got a wonderful expert, a true expert, with |
| 1:06.2 | UBS on emerging markets, but I'm going to go right to China and the domestic China, Jeff Dennis, that you know, and their predilection towards |
| 1:19.5 | reminiscence of a stock operator, they seem to like their investment fads within China and China |
| 1:30.6 | has a very large Bitcoin interest, doesn't it? |
| 1:35.0 | Yes, yes, it does have a pretty large Bitcoin interest. |
| 1:39.8 | I think the fad with investment in China is though fading gradually over time. |
| 1:47.2 | Your listeners will know that pretty much half the economy at one stage was investment. |
| 1:55.0 | That is starting to come lower. |
| 1:57.2 | The economy in China is beginning to rebalance therefore away from investment back towards consumer, |
| 2:03.0 | I know about, towards consumer spending, |
| 2:06.0 | towards services and less manufacturing. |
| 2:09.0 | And I think that's a long-term trend. |
... |
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