Gains Resume as US-China Trade Tensions Ease
Bloomberg Surveillance
Bloomberg
3.8 • 1.2K Ratings
🗓️ 20 October 2025
⏱️ 37 minutes
🧾️ Download transcript
Summary
Watch Tom and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.
Bloomberg Surveillance hosted by Tom Keene & Isabelle Lee - October 20th, 2025
Featuring:
1) Michael Green, Chief Strategist at Simplify Asset Management, joins for a discussion on index funds and the consequences of passive investing.
2) Henrietta Treyz, Managing Partner at Veda Partners, gives her perspective on trade talks, and the government shutdown as it enters its third week.
3) Steve Englander, Global Head of G10 FX Research and North America Strategy at Standard Chartered Bank, on quality concerns surrounding US economic data amid the government shutdown.
4) Wayne Park, Chief Executive Officer at Manulife John Hancock Retirement, shares the findings from Hancock's Longevity Preparedness Index survey.
See omnystudio.com/listener for privacy information.
Transcript
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| 0:00.0 | Hi, I'm Stephen Carroll. |
| 0:02.0 | And I'm Caroline Hepka here to introduce you to a podcast that brings you the news you need to start your day in just 15 minutes. |
| 0:09.3 | It's called Bloomberg Daybreak Europe Edition, covering all the top stories across Europe and around the world. |
| 0:15.5 | Each weekday morning, we're up early to bring you the latest news by 7am. |
| 0:19.5 | We've got everything you need to know from geopolitics |
| 0:22.1 | and global events to economics and what's moving markets. I'm covering it all from London. |
| 0:27.6 | And I'm in the EU's capital Brussels. We have 3,000 journalists and analysts around the world |
| 0:32.1 | to tell you what's happening, what it means and why it matters. It's more than just business |
| 0:36.9 | headlines, from the price of your |
| 0:38.6 | breakfast to global shifts in power. Economics and money aren't just part of the story. They're |
| 0:43.4 | often the driving force. So start your day with us on Bloomberg Daybreak Europe Edition for the |
| 0:48.5 | news you need to know and the context to make sense of it. Find new episodes of Bloomberg Daybreak |
| 0:53.4 | Europe edition by 7 a.m. London Time on Apple, Spotify or wherever you get your podcasts. |
| 1:03.2 | Bloomberg Audio Studios. |
| 1:05.8 | Podcasts Radio News. |
| 1:13.2 | This is the Bloomberg Surveillance Podcast. |
| 1:16.4 | Catch us live weekdays at 7 a.m. Eastern on Apple CarPlay or Android Auto with the Bloomberg business app. |
| 1:23.4 | Listen on demand wherever you get your podcasts or watch us live on YouTube. |
| 1:28.3 | Michael Green joined Chief Strategist, simplify asset management. |
| 1:32.3 | Mike, let's start with first principles. |
| 1:34.3 | Why is the VIX at 21 in a bull market? |
| 1:38.3 | Well, I mean, the simple answer is that we've been realizing relatively high volatility, |
... |
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