Elon Musk ≠ Warren Buffett, Kass Says
Bloomberg Surveillance
Bloomberg
3.8 • 1.2K Ratings
🗓️ 1 August 2018
⏱️ 38 minutes
🧾️ Download transcript
Summary
Tom Porcelli, RBC Capital Chief Economist,thinks we are arriving at the tightest part of the labor cycle. Emma O'Brien, Bloomberg's Asia Newsdesk Editor, joins us on TV to talk Tesla. Jean-Sebastian Jacques, Rio Tinto CEO, says they're focused on high quality growth. Andrea Orcel, UBS Investment Bank President, tells Francine what global risks he has his eye on. And Douglas Kass, Seabreeze Partners President, offers his opinion on Elon Musk.
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| 0:00.0 | When you get your news from Bloomberg, you don't just get the story. You get the story behind the story. |
| 0:07.0 | How your Evie's battery may not be as green as it seems. |
| 0:11.0 | Why a decrease in global birth rates could send countries scrambling to increase immigration. |
| 0:16.2 | You get context. |
| 0:17.6 | And context changes how you see things, how you change things, because context changes everything. Go to Bloomberg |
| 0:24.6 | dot com to get context. 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, and international |
| 0:48.9 | relations. |
| 0:49.9 | Find Bloomberg Surveillance on Apple Podcasts, SoundCloud, Bloomberg.com and of course on the |
| 0:56.4 | Bloomberg. So trade front and Center once again as we count you down to a Federal Reserve |
| 1:07.1 | decision. No news conference a statement which I'm sure that Tom Porcelli will |
| 1:10.9 | be looking at closely. RBC Capital's chief economist joining us here in New York. |
| 1:15.2 | Tom, good morning to you. |
| 1:16.2 | Good morning, gentlemen. |
| 1:17.1 | How is everyone? |
| 1:18.1 | Everything is great, and we're wondering how gradual rate hikes for now, |
| 1:21.9 | how long for now really is. |
| 1:24.0 | For now is at least until the end of next year. |
| 1:27.3 | You know, we, this has been our long standing call. |
| 1:32.4 | And finally, I think the market is starting to buy into it a bit more. |
| 1:35.0 | They're still not quite convinced on 19. |
| 1:37.0 | But you'll get two more hikes this year and you'll get four hikes next year. |
... |
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