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Bloomberg Surveillance

Bloomberg Surveillance TV: March 19, 2024 (Bank of America Special)

Bloomberg Surveillance

Bloomberg

News, Business, Business News, Investing

3.81.2K Ratings

🗓️ 19 March 2024

⏱️ 42 minutes

🧾️ Download transcript

Summary

-Brian Moynihan, Bank of America Chairman & CEO
-Savita Subramanian, BofA Head of US Equity & Quantitative Strategy & Jill Carey Hall, BofA Head of U.S. Small and Mid-Cap Strategy
-Michael Gapen, BofA Global Research Head of US Economics & Aditya Bhave, BofA Global Research Senior US Economist

Bank of America Chairman & CEO Brian Moynihan discusses the state of the US economy, 'resilient' US consumers and the 'slow burn' of commercial real estate. Bank of America equity strategy heads Savita Subramanian & Jill Carey Hall on where they see 'euphoria' and opportunities in the global market. Michael Gapen, BofA Global Research Head of US Economics & Aditya Bhave, BofA Global Research Senior US Economist, discuss the mixed messages from recent economic data and the Fed's upcoming decision on interest rates.

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Transcript

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0:00.0

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0:13.2

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Visit Bloomberg.com slash Enterprise Data to learn more.

0:30.0

Bloomberg Audio Studios.

0:34.4

Podcasts, Radio News.

0:37.2

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

0:45.9

Abramowitz and Anne Marie Hordern. Join us each day for insight from the best in

0:50.0

markets, economics and geopolitics.

0:52.7

From our global headquarters in New York City, we are live on Bloebo Television weekday mornings

0:57.0

from 6 to 9 a.m. Eastern.

0:59.0

Subscribe to the podcast on Apple, Spotify, or anywhere else you listen. And as always on the Bloboe Spotify or anywhere else you listen and as always on the Blumboe terminal and the Blumburg business app

1:06.2

Joining us now. I'm pleased to say Brian Moynihan CEO and chairman of Bank of America. Brian we have to say thank you, thanks for having us.

1:13.0

It's great for you to be here. These talent teammates are out working early in the morning

1:16.4

and hopefully making some money for the shareholders.

1:19.0

It's getting noisy. We can talk about how much money they're making in just a moment.

1:22.0

I actually wanted to start with a

1:22.9

quote from Liz from the Bank of America Institute in the first hour of our coverage here.

1:27.0

I find this stunning every time I read it. This will be the fifth time already today.

...

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