Harris: What the Fed is doing is approaching Helicopter Money
Bloomberg Surveillance
Bloomberg
3.8 • 1.2K Ratings
🗓️ 11 May 2016
⏱️ 24 minutes
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| 0:00.0 | There's so much news happening around the world that we're somehow supposed to stay on top of. |
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| 0:54.0 | Good morning, it is 830 on Wall Street. I'm Michael McKee, along with Tom Keene. |
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| 1:17.0 | some mortgage delinquency reports later on and the monthly budget statement this afternoon, but of course that's going to be a |
| 1:27.0 | it's the April number so it is obviously going to reflect all the taxes you paid so I didn't tell you necessarily a whole lot. |
| 1:36.2 | But this whole question of Macy's is an interesting one, Tom, and it gets the question I asked |
| 1:42.4 | Punam Goyle. |
| 1:43.2 | I'm going to put it to Kevin Harris, he's director of economics, North America economics |
| 1:47.7 | for Rubini global economics. |
| 1:51.2 | We see Macy's cutting their forecasts and I'm looking at some of the numbers |
... |
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