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Bloomberg Surveillance

Matt Damon & His Clean Water Venture

Bloomberg Surveillance

Bloomberg

Business News, News, Investing, Business

3.81.2K Ratings

🗓️ 22 March 2018

⏱️ 28 minutes

🧾️ Download transcript

Summary

Lisa Abramowicz fills in for Tom Keene who is on Spring break.Ebrahim Rahbari, Citi Group Head of Global Macroeconomics, says there's a high likelihood of a significant downturn in the economy in the next few years. Lara Rhame, FS Investments Chief U.S. Economist, says when we get optimistic about growth, we should still be realistic. Gary White and Matt Damon, Co-Founders of Water Equity & Water.Org, join us on World Water Day to discuss their microfinance venture. 

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Transcript

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0:00.0

There's so much news happening around the world that we're somehow supposed to stay on top of.

0:05.5

That's why we launched The Big Take. It's a daily podcast from Bloomberg and I Heart

0:11.4

Radio that turns down the volume a bit to give you some space to think.

0:16.5

I'm Wes Kossova.

0:18.0

Each weekday I dig into one important story and talk about why it matters.

0:23.7

Listen to the big take on the I Heart Radio app,

0:26.6

Apple Podcasts, we bring you insights. Welcome to the Bloomberg Surveillance Podcast. I'm Tom Keene.

0:43.4

Daily, we bring you insight from the best in economics, finance, investment,

0:47.8

and international relations.

0:49.8

Find Bloomberg Surveillance on Apple Apple Podcast, SoundCloud,

0:53.8

Bloomberg.com, and of course, on the Bloomberg. It was interesting to see the short end, the two-year Treasury yields decline as well,

1:09.0

by the second most so far this year in response to the press conference.

1:15.0

It was interesting to hear what Jay Powell said about trade.

1:18.9

Even though he said that they do not do trade policy,

1:21.8

he said trade is a new risk, a low profile risk that has become more

1:26.7

prominent to the outlook with respect to how much it could curtail it. Here with us Ibrahim Rahpari,

1:33.9

city group head of global macroeconomics joining us here in our 1130 studios.

1:38.7

Ibrahim, thank you so much for being with us. I want to start with trade because

1:41.9

J Powell, you know, pretty much

1:43.8

stayed the course yesterday, but Trade is really the big question and from your

1:49.2

perspective based on what we know from President Trump's administration, how much do you think the

1:54.2

rhetoric that we have heard so far will curtail economic growth this year?

...

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