Markets Sell Off on Market and Policy Uncertainty
Bloomberg Surveillance
Bloomberg
3.8 • 1.2K Ratings
🗓️ 11 March 2025
⏱️ 42 minutes
🧾️ Download transcript
Summary
Watch Tom and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.
Bloomberg Surveillance hosted by Tom Keene & Paul SweeneyMarch 11th, 2025
Featuring:
1) Connecticut Governor Ned Lamont joins for an extended discussion US politics, working with the Trump administration, managing his state, and the future of the Democratic party. It comes as House Republicans have announced a spending bill to keep government agencies open through September 30, which may lead to a confrontation with Democrats and potentially a government shutdown.2) Margie Patel, Senior Portfolio Manager at Allspring Global Investments, brings us into the market open and discusses whether now is a buying opportunity for equities. President Trump's tariff proposals are causing market turmoil and recession risks, and his team is under pressure to act fast to pass a tax bill and provide an economic boost. Investors remain cautious due to concerns about the American economy, tariffs, and government spending cuts.
3) Stephanie Roth, Chief Economist at Wolfe Research, talks about why she's changing her eco outlook call for 2025. A global stocks selloff eased as US equity futures signaled modest gains on Wall Street. President Trump’s team is starting to warn of short-term pain as they pursue a drastic overhaul of trade and public spending.
4) Lee Klaskow, Senior Transports & Logistics Analyst at Bloomberg Intelligence, joins for a discussion on tariffs and how a brief "disturbance" is bad for freight. President Trump's tariff policies have been marked by reversals and faulty rollouts, causing confusion among US trading partners and businesses.
See omnystudio.com/listener for privacy information.
Transcript
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| 1:05.6 | This is the Bloomberg Surveillance Podcast. Catch us live weekdays at 7 a.m. Eastern on Apple CarPlay or Android Auto with the Bloomberg business app. Listen on demand wherever you get your podcasts or watch us live on YouTube. |
| 1:13.5 | Many talk, few have to act. |
| 1:16.1 | And one of them is the governor of Connecticut. |
| 1:18.5 | Ned Lamont joins us right now in our studios this morning. |
| 1:22.2 | You're wounded. |
| 1:22.8 | For those of you on radio, he's got the sling going in that. |
| 1:25.6 | You're on a trade mission to India. How is President |
| 1:29.2 | Trump helping Connecticut with your trade relations with India? India was nervous as heck about |
| 1:36.4 | President Trump. That said, we went to Eastern India, which is by far the most innovative |
| 1:41.5 | and entrepreneurial part. We did a trade mission there and met with, you know, |
... |
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