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Bloomberg Surveillance

Darda: nominal GDP actually slowing now

Bloomberg Surveillance

Bloomberg

Investing, Business News, News, Business

3.81.2K Ratings

🗓️ 4 March 2016

⏱️ 13 minutes

🧾️ Download transcript

Summary

Darda: nominal GDP actually slowing now

Transcript

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0:00.0

Business stories aren't just about business. They're also about policy, politics, finance, and more.

0:06.5

With Bloomberg, you stay informed on global coverage that connects the dots.

0:10.5

The Bloomberg mobile app now features Apple Car Play and Android Auto so you can get the latest live radio,

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0:22.0

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0:24.7

Bloomberg in-car apps are sponsored by interactive brokers. This is Bloomberg surveillance.

0:35.0

We need to figure out a better way to get people into work.

0:38.0

I think, you know, more flexible workplaces, child care, investments in infrastructure.

0:42.0

The number of people quitting their jobs has... places, child care, investments in infrastructure.

0:42.6

The number of people quitting their jobs has skyrocketed,

0:45.9

which, you know, people don't do that unless they're so pretty comfortable

0:48.1

that they're going to find another one.

0:49.1

If the unemployment rate keeps falling in the way that I think it will,

0:52.2

at some point the Fed is probably going

0:54.1

to have to tighten more aggressively than they expect.

0:57.1

Bloomberg surveillance, your link to the world of economics, finance and investment

1:02.4

on Bloomberg Radio.

1:04.0

Good morning and happy jobs day.

1:06.0

I'm Michael McKee along with Tom Keene.

1:08.0

It's 7 a.m. on Wall Street, 8 p.m. in Shanghai, where China intervened to support its stock market today keeping it from a loss

1:16.6

just as the National People's Congress gets underway.

1:20.3

How convenient, as they say. Manipulation or not, it encouraged investors around the world ahead of what may be a slightly less important than usual jobs report here in the U.S.

...

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