Investors Look to Safe Havens as Davos Kicks Off
Bloomberg Surveillance
Bloomberg
4 • 1.1K Ratings
🗓️ 20 January 2026
⏱️ 38 minutes
🧾️ Download transcript
Summary
Watch Tom and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.
Bloomberg Surveillance hosted by Tom Keene & Paul Sweeney
Tuesday, January 20th, 2026
Featuring:
1) Michael Purves, Founder and CEO at Tallbacken Capital Advisors, discusses risk-off sentiment in European markets and why gold remains the best hedge.
2) Steve Laipply, Global Co-Head of iShares Fixed Income at BlackRock, on record bond ETF flows and the shift toward selective yield strategies.
3) Michael Darda, Chief Economist at Roth Capital Partners, discusses concerns around Fed stability and political pressure.
4) Lisa Mateo joins with the latest headlines in newspapers across the US, including a Wall Street Journal story on MBAs from top business schools facing a difficult hiring outlook, and Bloomberg News reporting on how an all-female trading desk at Italy's Banca Promos is breaking the mold.
See omnystudio.com/listener for privacy information.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Markets move fast. |
| 0:01.7 | Get the insights you need in 10 minutes with Barclays Brief, a podcast from Barclays Investment Bank. |
| 0:07.1 | Each week, our experts analyze market themes, helping you anticipate what's next. |
| 0:11.6 | Listen to Barclay's Brief wherever you get your podcasts. |
| 0:15.4 | Bloomberg Invest returns to New York on March 3rd and 4th, where the sharpest voices across banking, |
| 0:21.1 | asset management, and private capital will discuss the forces reshaping finance. |
| 0:25.7 | Powered by Bloomberg's global newsroom and data from the Bloomberg terminal, this flagship |
| 0:30.3 | summit will cover everything from AI-driven disruption and central bank policy shifts |
| 0:35.0 | to the emerging risks and opportunities in private credit. |
| 0:39.0 | Join the conversation and register today |
| 0:41.2 | at Bloomberg Live.com |
| 0:42.9 | slash invest. |
| 0:47.3 | Bloomberg Audio Studios, |
| 0:49.9 | podcasts, radio news. |
| 0:57.3 | This is the Bloomberg Surveillance Podcast. |
| 1:00.5 | Catch us live weekdays at 7 a.m. Eastern on Apple CarPlay or Android Auto with the Bloomberg business app. |
| 1:07.5 | Listen on demand wherever you get your podcasts or watch us live on YouTube. |
| 1:11.6 | Michael Purvis with decades of experience at Tallback and particularly with a wonderful Asia perspective. |
| 1:17.6 | Let me cut to the chase. Is Japan idiosyncratic? |
| 1:21.6 | Well, you know, I think what's really idiosyncratic with Japan right now is the fact that their 30-year bond is a, you know, that yield is a surging, right? |
| 1:31.3 | And it's an interesting contrast because in the United States, for all the time we talk about the Fed and the chair and inflation and all this interest rate stuff, the reality is that rate volatility in the U.S. has been extraordinarily low, perhaps |
| 1:46.3 | until last night there, and rate volatility overseas is doing, in Japan particularly, is doing |
... |
Transcript will be available on the free plan in 27 days. Upgrade to see the full transcript now.
Disclaimer: The podcast and artwork embedded on this page are from Bloomberg, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Bloomberg and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.