Jobs Number is an Excellent Number, Goolsbee Says
Bloomberg Surveillance
Bloomberg
3.8 • 1.2K Ratings
🗓️ 12 March 2018
⏱️ 41 minutes
🧾️ Download transcript
Summary
Robin Niblett, Chatham House Director, is concerned that President Trump is stepping forward to meet with Kim Jong-un too early. Michelle Meyer, Bank of America Merill Lynch Head of U.S. Economics, indicates the housing recovery is ongoing. Randall Kroszner, University of Chicago Booth School Professor & former member of the U.S. Federal Reserve Board of Governors, says it's rare to have this kind of synchronized global growth. Bill Gross, Janus Henderson Investors Fund Manager, says trade tariffs are a potential negative and drag on the economy. Austan Goolsbee, University of Chicago Booth School Professor & former Chairman of the Council of Economic Advisers, says 90% of what happens in the economy has nothing to do with Washington.
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Transcript
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| 0:00.0 | Welcome to Crash Course, a podcast about business, political, and social disruption and what we can learn from it. |
| 0:07.0 | I'm Tim O'Brien. Every week on Crash Course, I'm going to bring listeners directly into the arenas where epic upheavals occur and |
| 0:15.5 | I'm going to explore the lessons we can learn when creativity and ambition collide |
| 0:20.7 | with competition and power. |
| 0:23.0 | Listen to Crash Course every Tuesday on the IHeartRadio app, Apple Podcasts, |
| 0:28.0 | or wherever you get your podcasts. 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 Apple Podcast, SoundCloud, |
| 0:53.8 | Bloomberg.com, and of course, on the Bloomberg. I'm really pleased to say that joining us now from London is Robin Niblet. |
| 1:08.6 | He has served as the director of Chatham House for the last decade and he joins us from London from Brussels |
| 1:14.4 | actually and he was formerly the Executive Vice President and Chief |
| 1:18.6 | Operating Officer of the Center for Strategic and International Studies in Washington, D.C. |
| 1:24.7 | Robin Nibbler, always great to get your inside on all things foreign policy |
| 1:28.5 | and on this particular issue. |
| 1:30.1 | Is this President Trump's Nixon goes to China moment? |
| 1:33.2 | Well, we don't know where he's going to yet |
| 1:38.0 | which is a problem and I don't think the situation between the United States and North Korea bears any real resemblance |
| 1:46.2 | the situation between the United States and China, either that period or before, not least |
| 1:50.8 | given the fact that China, even even then was emerging as a potential |
| 1:53.8 | balancer in world order. This is much more a case of having to deal with a very |
| 1:58.6 | specific threat to regional and US security. So I think that the scope for the kind of grand bargain |
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