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Bloomberg Surveillance

Girard: Biggest question facing market is July Fed move or not

Bloomberg Surveillance

Bloomberg

Business News, News, Investing, Business

3.81.2K Ratings

🗓️ 14 June 2016

⏱️ 21 minutes

🧾️ Download transcript

Summary

Girard: Biggest question facing market is July Fed move or not

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.

0:30.2

This is Bloomberg's surveillance.

0:35.0

If you look at global equities, U.S. market, for example, is near highs despite all the risks out there.

0:42.0

I think if Britain were to leave we would see

0:44.4

significant spill over and one of the big ones is going to be in the

0:47.4

financial sector. We don't think the markets are rational under any

0:50.0

circumstance. Markets can't be rational. We are human beings.

0:53.0

We are irrational responding to irrational and rational news.

0:56.2

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

1:02.2

radio. Irrational or rational, it is a most interesting and indeed historic day for global markets.

1:09.4

Michael McKee and Tom Keene, Bloomberg's surveillance, thrilled you're with us German tenure,

1:16.2

the benchmark, the European benchmark,

1:18.9

finds a negative yield.

1:20.2

Right now, almost back to zero to three digits negative point zero six I'm going to call

1:25.6

it in improving tape in the last hour we'll do complete data checks across

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