Bloomberg Surveillance TV: December 3rd, 2024
Bloomberg Surveillance
Bloomberg
3.8 • 1.2K Ratings
🗓️ 3 December 2024
⏱️ 26 minutes
🧾️ Download transcript
Summary
- Steven Englander, Standard Chartered Bank Global Head: G10 FX Research
- Oliver Chen, TD Cowen Managing Director & Professor at Columbia Business School in Retail
- Lindsey Piegza, Stifel Chief Economist
Steven Englander of Standard Chartered Bank discusses the "tremendous advantage" of dollar dominance in the U.S. Oliver Chen of TD Cowen says quiet luxury is really working, and the consumer remains focused on value in retail. Lindsey Piegza of Stifel says the Fed needs to move to the sidelines in 2025 and allow data to evolve if we're still seeing strength.
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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. |
| 0:21.0 | Before investing, carefully consider the fund's objectives, risks, charges, expenses, and more in the full or summary prospectus at globalxetfs.com. |
| 0:27.2 | Read carefully, distributed by SEI Investments Distribution Company. |
| 0:29.9 | The forces shaping markets and the economy are often hiding behind a blur of numbers. |
| 0:34.9 | So that's why we created the Big Take from Bloomberg Podcasts, |
| 0:38.5 | to give you the context you need to make sense of it all. |
| 0:41.6 | Every day in just 15 minutes, we dive into one global business story that matters. |
| 0:46.2 | You'll hear from Bloomberg journalists like Matt Levine. |
| 0:49.2 | A lot of this meme stock stuff is, I think, embarrassing to the SEC. |
| 0:53.4 | Follow the Big Take podcast on the IHeart Radio app, Apple Podcasts, or wherever you listen. |
| 1:02.3 | Bloomberg Audio Studios. |
| 1:04.7 | Podcasts, Radio News. |
| 1:13.7 | This is the Bloomberg Surveillance Podcast. |
| 1:17.4 | I'm Jonathan Ferro, along with Lisa Abramwitz and Anne-Marie Hordern. |
| 1:22.3 | Join us each day for insight from the best in markets, economics and geopolitics. From our global headquarters in New York City, we are live on Bloomberg Television |
| 1:26.1 | weekday mornings from 6 to 9 a.m. Eastern. |
| 1:28.8 | Subscribe to the podcast on Apple, Spotify or anywhere else you listen. And as always, on the |
| 1:33.6 | Bloomberg Terminal and the Bloomberg Business app. Two weeks away from a Federal Reserve |
| 1:38.2 | raid decision. Two weeks tomorrow, Lindsay Piagzer of Stiefel writing the Fed should be on the |
| 1:43.0 | verge of a pause in policy adjustment. |
... |
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