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Bloomberg Surveillance

Koesterich: market doesn't know what to make of the jobs report

Bloomberg Surveillance

Bloomberg

News, Business, Business News, Investing

3.81.2K Ratings

🗓️ 4 March 2016

⏱️ 14 minutes

🧾️ Download transcript

Summary

Koesterich: market doesn’t know what to make of the jobs report

Transcript

Click on a timestamp to play from that location

0:00.0

Osage County, Oklahoma is getting a lot of attention right now.

0:04.4

It's the setting of Martin Scorsese's latest film,

0:07.8

Killers of the Flower Moon.

0:10.0

The movies based on a book about the 1920s Osage murders,

0:14.1

when white men poured into Osage County

0:16.4

and killed Osage people for their oil wealth.

0:20.1

I'm Rachel Adams Heard, the host of InTrust, a podcast from Bloomberg and I Heart Media.

0:26.8

For over a year I was reporting a different story about other ways white people got

0:32.1

Osage, land, land and wealth and how a prominent ranching family in Osage County became one of the biggest landowners here.

0:40.0

Their ranching empire was built on land that at the turn of the century was all owned by the Osage Nation.

0:47.0

So how did they get it?

0:49.0

Listen to the award-winning podcast, Trust on the I Heart Radio app Apple

0:55.3

Podcast or wherever you get your podcast.

1:00.0

This is a

1:04.0

Bloomberg surveillance.

1:05.0

The federal government is uniquely dysfunctional and not working in any way

1:10.0

that any of us would recognize.

1:11.0

2016 is your reset year within our 20-year bull market thesis, which we've been talking about.

1:17.0

I myself am a little skeptical that the kind of volatility we've seen is really going to cause a severe slowdown in the economy.

1:22.8

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

1:28.1

on Bloomberg Radio.

1:29.3

Good morning everyone, Michael McKee and Tom Keene, Jobs Day. We welcome all of you.

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