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Bloomberg Surveillance

Bloomberg Surveillance TV: December 18, 2024

Bloomberg Surveillance

Bloomberg

Business News, News, Investing, Business

3.81.2K Ratings

🗓️ 18 December 2024

⏱️ 32 minutes

🧾️ Download transcript

Summary

- Lisa Shalett, Morgan Stanley Wealth Management Chief Investment Officer
- Anna Nikolayevsky, Axel Capital Management Founder/Chief Investment Officer
- Victoria Fernandez, Crossmark Global Investments Chief Market Strategist

Lisa Shalett of Morgan Stanley says, "We expect to get a barrage, literally a machine gun of policy proposals" and the barrage will "undermine some of those animal spirits" in the market. Anna Nikolayevsky of Axel believes there is already consumer slowdown, citing people migrating toward cost-saving. Victoria Fernandez of Crossmark is bracing for more volatility next year.

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Transcript

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0:00.0

Landmark infrastructure legislation was passed in the last Congress. Now comes the work of getting it built.

0:04.9

The Global X U.S. infrastructure development ETF, ticker PAVE, invests in dozens of companies helping shape the future of American infrastructure.

0:12.1

Investing involves risk, including possible loss of principle. Investments in infrastructure-related companies have greater exposure to the potential adverse economic, regulatory, political, and other changes affecting such entities. Before investing, carefully consider the fund's objectives, risks, charges, expenses,

0:24.2

and more in the full or summary prospectus at globalxetfs.com. Read carefully, distributed by

0:28.3

SEI Investments Distribution Company. What could you do if your data was working for you and not against

0:35.1

you? With Bloomberg delivering enterprise data directly to your systems,

0:40.2

you get easy access to the details you want,

0:43.4

optimized for higher level analysis,

0:46.0

and financial data experts committed to helping you maximize your every move.

0:50.9

Our data is made for more,

0:53.4

so you can show the world what you're made of. Visit Bloomberg.com

0:57.8

slash enterprise data to learn more.

1:02.4

Bloomberg Audio Studios. Podcasts, radio, news.

1:11.4

This is the Bloomberg Surveillance Podcast.

1:14.4

I'm Jonathan Ferro, along with Lisa Abramwitz and Anne-Marie Hordern.

1:18.0

Join us each day for insight from the best in markets, economics and geopolitics.

1:22.7

From our global headquarters in New York City, we are live on Bloomberg Television

1:26.2

weekday mornings from 6 to 9 a.m.

1:28.1

Eastern. Subscribe to the podcast on Apple, Spotify or anywhere else you listen. And as always, on the

1:33.8

Bloomberg Terminal and the Bloomberg business app. Going into the Fed decision with a quarter point

1:38.7

cut expected, the path forward is much, much murkier. Lisa Shalda Morgan Stanley is saying,

1:45.0

the implication of 2025 is that it will be tough for more cuts and disinflationary growth acceleration to both play out.

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