Bloomberg Surveillance TV: October 8, 2024
Bloomberg Surveillance
Bloomberg
3.8 • 1.2K Ratings
🗓️ 8 October 2024
⏱️ 29 minutes
🧾️ Download transcript
Summary
- Ben Snider, Goldman Sachs Sr. Strategist
- Mohamed El-Erian, Queens' College Cambridge BBO & President
- Mark Cabana, BofA Global Research Head of US Rates Strategy
Ben Snider of Goldman Sachs believes there is a lot of potential earnings upside ahead. Mohamed El-Erian of Queens' Colleg e Cambridge says, "the economy is fundamentally sound, so it can absorb shocks." Mark Cabana of BofA thinks the Fed will cut by 25bps until March of next year.
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Transcript
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| 0:00.0 | There's a rhythm in the markets, in the resonant echoes of the opening bell, in the preludes leading to |
| 0:05.8 | global elections, in the rising course conducted by AI. And if you want to learn to listen for it, |
| 0:12.1 | we'll show you how. |
| 0:13.5 | Learn more at Bloomberg.com. |
| 0:15.0 | Bloomberg Audio Studios. |
| 0:19.5 | Podcasts, Radio News. |
| 0:29.0 | This is the Bloomberg Surveillance Podcast. I'm Jonathan Ferro, along with Lisa Abramowitz and Anne Marie Hordern. |
| 0:33.0 | Join us each day for insight from the best in markets, economics and geopolitics. |
| 0:37.8 | From our global headquarters in New York City, we are live on Bloomberg Television weekday mornings |
| 0:42.0 | from 6 to 9 a.m. Eastern. |
| 0:43.8 | Subscribe to the podcast on Apple, Spotify or anywhere else you listen. |
| 0:47.8 | And as always on the Bloomberg Terminal and the Bloomberg Business App. |
| 0:51.0 | Mohammed L. Erwin of Queens's College Cambridge expecting more data surprises saying, quote, |
| 0:55.6 | last Friday's data surprise relative to consensus expectations will not be the last one unless |
| 1:00.6 | economists resist the temptation to look through the shock. |
| 1:03.8 | What is needed in today's economy is to be more open-minded about why such surprises keep occurring |
| 1:08.8 | and how best to frame the accompanying policy regimes. |
| 1:11.8 | Mohammed, I'm pleased to say, joins us again. Mohammed I'm pleased to say |
| 1:12.8 | join us again. |
| 1:13.8 | Mohammed, welcome back to the program, sir. |
| 1:15.0 | Let's get into that. |
| 1:16.1 | Why was it the volatility between reports that stood out for you |
... |
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