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Bloomberg Surveillance

Mayo: Wells Fargo is the bank to own long-term

Bloomberg Surveillance

Bloomberg

Business News, News, Investing, Business

3.81.2K Ratings

🗓️ 25 May 2016

⏱️ 9 minutes

🧾️ Download transcript

Summary

Mayo: Wells Fargo is the bank to own long-term

Transcript

Click on a timestamp to play from that location

0:00.0

To me, context is about pattern recognition.

0:02.8

It's connecting the dots.

0:04.4

It's giving readers an ability to synthesize

0:07.6

a number of different perspectives

0:09.2

so they can understand how the greater whole works,

0:12.0

because nothing really occurs in isolation anymore.

0:14.4

I'm Tim O'Brien and I'm the senior executive editor at Bloomberg Opinion.

0:18.0

On our platform, we ask tough questions and solve complex problems with the facts in mind.

0:23.0

Start exploring our opinion coverage and more at Bloomberg.com, the Radio Plus

0:38.0

mobile app and on your radio. This is a Bloomberg Business Flash.

0:42.0

And I'm Karen Moscow.

0:44.0

Futures this morning moving higher along with NIMEX crude oil.

0:47.0

Let's go to the first word breaking news desk for today's morning call.

0:50.0

Here's Bill Maloney.

0:52.0

Good morning, Bill. Good morning, Bill.

0:52.6

Good morning, Karen. Futures are maintaining their gain since the last time we spoke.

0:57.6

With Dow futures currently higher by 70 points, Cessib's gain 8.5 and Nasek futures rise by 22. The U.S. 10 yield at 1.87 percent.

1:07.0

Main European markets are also climbing, led by gains in Spain and Germany.

1:11.0

On the economic front at 945, market U.S. Services PMI at 10 o'clock Bank of Canada

1:16.5

rate decision at 1030 energy inventories and Fed speed at 9 o'clock, 1140 and 2 p.m.

1:23.4

After the Belles night, computer scientists emerged with services unit of HP Enterprise.

1:28.0

Computer Sciences is up 29% pre-market.

...

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