CPI, Eco Data, and Ukraine

Bloomberg Surveillance

Bloomberg

News, Investing, Business News, Business

4 • 1.1K Ratings

🗓️ 12 August 2025

⏱️ 54 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Watch Tom and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.
Bloomberg Surveillance hosted by Tom Keene & Paul SweeneyAugust 12th, 2025
Featuring:
1) Constance Hunter, Chief Economist at EIU and Rebecca Patterson, former Chief Investment Strategist at Bridgewater, react to CPI and discusses weakening US labor data, as well as President Trump naming EJ Antoni the new BLS chief. Despite economists concerned about the potential for rising inflation, Wall Street firms, including JPMorgan Chase & Co. and Morgan Stanley, expect investors to focus on strong corporate earnings and interest-rate cuts, according to Andrew Tyler and Mike Wilson.
2) Ethan Harris, former Head of Global Economic Research at Bank of America, talks about CPI and the reliability of American economic data with a new BLS chief. President Trump wrote that Antoni will ensure that the numbers released are "HONEST and ACCURATE", and Steve Bannon called Antoni "the perfect guy at the perfect time to run the BLS." Erica Groshen said that what worries her is that the nominee and his work are not well known in the business, academic or public service communities, and Jason Furman said that Antoni is "completely unqualified" to lead BLS.
3) Kira Rudik, Member of Parliament for the Ukrainian government, on the war in Ukraine, President Trump's summit with Vladimir Putin in Alaska this Friday, and the scheduled call between President Trump, Volodymyr Zelenskiy and other European leaders on Wednesday. President Trump is downplaying expectations for his upcoming meeting with Russian leader Vladimir Putin, calling it a "feel-out meeting."
4) Huw van Steenis, Partner at Oliver Wyman, discusses private credit outlook and the enablement of retirement savings to invest in private assets.
5) Lisa Mateo joins with the latest headlines in newspapers across the US, including a Wall Street Journal on salaries and Bloomberg's reporting on Taylor Swift's album announcement.

See omnystudio.com/listener for privacy information.

Transcript

Click on a timestamp to play from that location

0:00.0	Hi, I'm Lisa Mateo, introducing you to the new Stockmovers report from Bloomberg.
0:08.6	These are short audio reports, five minutes or less, delivered right to your podcast feed throughout the day.
0:15.2	Stockmovers fills you in on the day's winners and losers on Wall Street and tells you about the news and data that's
0:21.0	driving those gains and losses. If you want to stay plugged into the stock market, but don't
0:25.9	want to spend all day watching tickers scroll across your screen, then Stock Movers is a place for you
0:32.0	to get informed. Listen a couple times throughout the day to find out what's moving equities and why.
0:39.0	Search for stock movers on Apple Podcasts, Spotify, or anywhere else you listen.
0:44.4	Get the latest stock news and data backed by reporting from Bloomberg's 3,000 journalists and analysts across the globe.
0:53.0	Subscribe to Stockmovers, wherever you get your podcasts.
1:02.0	Bloomberg Audio Studios, Podcasts Radio News.
1:12.2	This is the Bloomberg Surveillance Podcasts, Radio News. This is the Bloomberg Surveillance Podcast.
1:15.4	Catch us live weekdays at 7 a.m. Eastern on Apple, CarPlay or Android Auto with the Bloomberg business app.
1:22.4	Listen on demand wherever you get your podcasts or watch us live on YouTube.
1:27.0	The Council Center here, Chief Economist, EIU,
1:30.0	how is to get us to the report.
1:31.3	Rebecca Patterson scheduled after its commercial free across the nation in this hour.
1:36.3	Constance, so there's no whisper number.
1:38.9	How do you guess the inflation report if there's so many subsets?
1:42.5	Do you have to go down to each subset to try to
1:45.3	piece out a guesstimate? Yeah, I mean, we've always had a granular view of forecasting inflation,
1:51.8	but it has gotten more granular given what's happening with tariffs. And of course, we're looking at
1:57.9	the impact of commodities prices. We have other idiosyncratic factors like what's happening with beef shortages.
	...

Transcript will be available on the free plan in 7 days. Upgrade to see the full transcript now.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Bloomberg, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Bloomberg and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.