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Bloomberg Surveillance

Bloomberg Surveillance TV: June 17, 2024

Bloomberg Surveillance

Bloomberg

Business News, News, Investing, Business

3.81.2K Ratings

🗓️ 17 June 2024

⏱️ 32 minutes

🧾️ Download transcript

Summary

- Sam Stovall, CFRA Chief Investment Strategist
- Nela Richardson, ADP Chief Economist- Lydia Boussour, EY Senior Economist
- Steven Major, HSBC Global Head: FI Research

Sam Stovall of CFRA shares why he believes stocks are headed for a decline of 5% or more this year. Nela Richardson, Bloomberg TV Contributor and Chief Economist at ADP previews this week's jobs data, saying the ways companies hire and what they pay has changed significantly in recent years. Lydia Boussour of EY and HSBC's Steven Major discuss the global bond market and give their economic outlooks for the week ahead. 

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Transcript

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0:00.0

Join global business leaders and investors at the Bloomberg Sustainable Business Summit, returning to Singapore on July 31st.

0:09.0

Take part in solutions driven discussions on how to drive business value and unlock opportunity

0:14.8

while remaining nimble in times of change and greater ESG accountability.

0:19.5

Learn more at Bloomberg Live.com slash sustainablebiz Singapore. That's Bloomberg Live. Live.com-Sustainable-biz Singapore.

0:24.0

That's Bloomberg Live.com-Sustainable-Biz Singapore.

0:28.6

Bloomberg Audio Studios.

0:34.0

Podcasts, Radio News.

0:37.0

This is the Bloomberg Surveillance Podcast. I'm Jonathan Ferro along with Lisa

0:45.5

Abramowitz and Amri Hordern. Join us each day for insight from the best in markets,

0:50.1

economics and geopolitics. From our global headquarters in New York City

0:54.0

we are live on Bloomberg Television weekday mornings from 6 to 9 AM

0:58.0

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

1:02.0

and as always on the Bloebo

1:03.6

Terminal and the Bloebo Business app. A slow fed speak on tap this week

1:07.5

we'll hear from Williams, Harker and Cook today. There are six more speakers

1:11.4

tomorrow plus retail sales data on Thursday more Fed

1:14.6

speak plus housing starts and jobless claims. Nila Richardson of ADP writing this

1:19.2

jobs aren't everything. Labor market data has been decent news,

1:24.0

but as the Federal Reserve takes a wait-and-see approach

1:26.2

on interest rates, we see big changes foot on pay.

1:30.5

Nila joining us now, and Nila, what I love is you can dig beneath the data

1:34.7

at a time when it has been so confusing.

...

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