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Bloomberg Surveillance

Levy: Europe is overly dependent on Draghi

Bloomberg Surveillance

Bloomberg

News, Business, Business News, Investing

3.81.2K Ratings

🗓️ 4 March 2016

⏱️ 14 minutes

🧾️ Download transcript

Summary

Levy: Europe is overly dependent on Draghi

Transcript

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0:00.0

Business stories aren't just about business. They're also about policy, politics, finance, and more.

0:06.5

With Bloomberg, you stay informed on global coverage that connects the dots.

0:10.5

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0:22.0

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0:24.7

Bloomberg in-car apps are sponsored by interactive brokers. This is Bloomberg surveillance.

0:35.0

If we put people back to work and drive the unemployment rate down, at some point

0:40.0

that has to lead to wage growth.

0:41.0

They're just first principles of economics.

0:43.2

If wage growth continues to pick up, as I expect it will,

0:46.4

the Fed's going to be increasingly uncomfortable having rates close to zero.

0:50.0

As long as the American companies continue to hire and payrolls continue to expand will be fine and every indication is that they will.

0:57.0

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

1:03.6

Good morning everyone, jobs day.

1:05.0

Michael McKee and Tom Key.

1:06.5

You heard from Robert Gordon, Alan Krueger,

1:09.0

Michael Darda, next Mickey Levy of Berrenburg Capital Markets.

1:13.2

We are not Europe.

1:14.5

We are not Japan.

1:15.9

His optimism on our ability to move forward within this American economy.

1:21.8

A very important program note 1.30 this afternoon

1:25.4

Governor Romney will be interviewed by our Mark Halper and this is without question

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