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Bloomberg Surveillance

Economy is Doing Relatively Well, Zingales Says

Bloomberg Surveillance

Bloomberg

Investing, Business News, News, Business

3.81.2K Ratings

🗓️ 18 April 2018

⏱️ 34 minutes

🧾️ Download transcript

Summary

Kate Moore, BlackRock Chief Equity Strategist, says she still strongly believes that equities are the place to be. Luigi Zingales, University of Chicago Booth School of Business Professor, does not think we've seen the worst of the populist surge yet. Francisco Blanch, Merrill Lynch Head of Global Commodities & Derivatives Research, says oil prices could definitely push higher if geopolitical risk becomes more prominent. John Sununu, Former WH Chief of Staff under President George H.W. Bush, joins us to remember Barbara Bush. 

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Transcript

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0:00.0

The media alone can't ease the tensions that come from the debate surrounding the issues we deal with every day.

0:05.7

However, we can create spaces where people can freely kick the tires of their preconceived notions.

0:11.2

I'm Tim O'Brien, and I'm the senior executive editor at

0:13.8

Bloomberg Opinion. On our platform we ask tough questions and solve complex

0:18.1

problems with the facts in mind. Because context changes how you see things and

0:22.4

how you change things.

0:23.6

Context changes everything.

0:25.6

Start exploring our opinion coverage and more at Bloomberg.com slash subscribe. Welcome to the Bloomberg surveillance podcast. I'm Tom Keene.

0:43.5

Daily, we bring you insight from the best in economics, finance, investment,

0:48.0

and international relations.

0:49.9

Find Bloomberg Surveillance on Apple Podcasts, SoundCloud,

0:53.8

Bloomberg.com, and of course, on the Bloomberg.

0:57.0

The earnings here in the United States continue to take the headlines and

1:06.5

it's Morgan Stanley this morning smashing estimates with Investment Bank in

1:10.3

Revenue up 7% trading revenue for debt trading and equity trading also

1:15.9

smashing estimates and the stock up this morning by 1.8% in the pre-market.

1:21.6

I'm pleased to say that joining us to react is Kate Moore, Black Rock Chief Equity

1:25.5

Strategist and on the financials so far, Kate, just to get your thoughts, I'll go through the

1:29.3

single names and you can talk about the sector.

1:31.9

J.P. Morgan, they beat, they deliver a record profit

1:34.8

and the stock is down.

1:36.3

We sort of same thing with Goldman Sachs.

...

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