Bloomberg Surveillance: Moynihan on Consumer Strength
Bloomberg Surveillance
Bloomberg
3.8 • 1.2K Ratings
🗓️ 19 December 2023
⏱️ 45 minutes
🧾️ Download transcript
Summary
Brian Moynihan, Bank of America Chairman & CEO, sits down with Bloomberg's David Westin for a conversation on the bank's eventful year in 2023 and his economic outlook going forward. Rich Clarida, PIMCO Global Economic Advisor, former Federal Reserve Vice Chairman & Columbia University Professor, says he doesn't think Fed Chair Powell made a mistake in suggesting rate cuts next year. Chris Hyzy, Merrill and Bank of America Private Bank Chief Investment Officer, says investors are eyeing a broadening out in the equity market over the next several years. Subadra Rajappa, Societe Generale Head of US Rates Strategy, expects the bond market rally to lose momentum going into the year-end. Ellen Wald, Atlantic Council Senior Fellow, discusses the impacts of attacks on commercial vessels in the Red Sea on the global oil market.
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Transcript
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| 0:00.0 | The media alone can't ease the tensions that come from the debate surrounding the issues we deal with every day. |
| 0:05.7 | However, we can create spaces where people can freely kick the tires of their preconceived notions. |
| 0:11.2 | I'm Tim O'Brien, and I'm the senior executive editor at |
| 0:13.8 | Bloomberg Opinion. On our platform we ask tough questions and solve complex |
| 0:18.1 | problems with the facts in mind. Because context changes how you see things and |
| 0:22.4 | how you change things. |
| 0:23.6 | Context changes everything. |
| 0:25.6 | Start exploring our opinion coverage and more at Bloomberg.com slash subscribe. This is the Bloomberg Surveillance Podcast. I'm Lisa Abramowitz along with Tom Keene and |
| 0:40.1 | Jonathan Pharaoh. Join us each day for insight from the best in economics, |
| 0:44.4 | geopolitics, finance, and investment. |
| 0:46.8 | Subscribe to Bloomberg surveillance on demand on Apple, Spotify and |
| 0:50.4 | anywhere you get your podcasts and always on |
| 0:53.0 | on Bloomberg.com the Bloomberg Terminal and the Bloomberg |
| 0:55.8 | business app. |
| 0:56.8 | Right now I am so pleased to say my colleague David Weston |
| 1:00.4 | joined over with Bank of America chair and CEO Brian Monaghan. David. and |
| 1:03.4 | joined over with Bank of America chair and CEO Brian Moynihan. |
| 1:04.2 | David? |
| 1:05.2 | We are joined now by Brian Moynihan. |
| 1:06.8 | He is chair and CEO of Bank of America. |
| 1:08.8 | Brian, thank you so much for joining us here at the end of the year. |
| 1:11.5 | David, it's great to have you here and happy holidays and you can see our teammates out |
... |
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