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Bloomberg Surveillance

Bloomberg Surveillance TV: December 4, 2024

Bloomberg Surveillance

Bloomberg

Business News, News, Investing, Business

3.81.2K Ratings

🗓️ 4 December 2024

⏱️ 21 minutes

🧾️ Download transcript

Summary

- Lori Heinel, State Street Global Advisors EVP/Global Chief Investment Officer
- Wei Li, BlackRock Global Chief Investment Strategist
- Ian Lyngen, BMO, Head: US Rates Strategy

Lori Heinel of State Street says until the ink is dried on some of Trump's policies, "it is hard to know how those crosswinds will actually impact the real economy." Wei Li of BlackRock believes, "This is an environment of transformation rather than your typical cycle." Ian Lyngen of BMO thinks the market is still trading the election results and focusing on a potential trade war instead of the Fed.

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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.

1:04.9

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. BlackRock releasing their 2025 Global

1:38.4

Outlook writing, we stay risk on as we look for transformation beneficiaries and go further

1:43.5

overweight U.S. stocks as the AI

...

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