Regulatory System is Absurdly Complex, King Says
Bloomberg Surveillance
Bloomberg
3.8 • 1.2K Ratings
🗓️ 7 February 2018
⏱️ 36 minutes
🧾️ Download transcript
Summary
Kit Juckes, Societe Generale Chief FX Strategist, and Marc Chandler, Brown Brothers Harriman Global Head of Currency Strategy, discuss the latest in currency moves. Mervyn King, Former Bank Of England Governor, says we ought to be concerned about whether banking problems in other parts of the industrialized world could spill over into our economy.Bill Hoagland, Bipartisan Policy Center Senior Vice President, says you cannot govern in a country as large as the United States in a partisan way. Stewart Warther, BNP Paribas Head of U.S. Equity and Derivative Strategy, says it seems the market is anticipating that the worst is over.
See omnystudio.com/listener for privacy information.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Do you love Elon Musk? Do you hate Elon Musk? Do you have no idea what to think about Elon Musk? |
| 0:09.0 | Then we have just a show for you. He's become even more larger than life. |
| 0:14.4 | Buying Twitter doesn't get us closer to Mars. They are like really close to the edge of like |
| 0:18.8 | everything falling apart. Like oh Elon I, put a chip in my brain. |
| 0:23.0 | Each week on this podcast will break down, analyze, and debate the most important stories on Musk and his empire. |
| 0:30.0 | It's all one big universe. You just work for Elon Inc. From Bloomberg Business Week, this is Elon Inc. |
| 0:37.0 | listen wherever you get your podcasts. Welcome to the Bloomberg Surveillance Podcast. I'm Tom Keene. |
| 0:55.6 | Daily, we bring you insight from the best in economics, finance, investment, |
| 1:00.1 | and international relations. find Bloomberg surveillance on Apple |
| 1:04.3 | podcasts, SoundCloud Bloomberg.com and of course on the Bloomberg. To run you through the market action and what action we have seen over the last couple of days |
| 1:18.8 | I'm very pleased to say we've got a Stack show right over all over again on here on Bloomberg surveillance |
| 1:24.3 | including Mark Chandler, Brown Brothers Harriman, global head of currency strategy. |
| 1:28.4 | Kit jukes also joining us of Socisei General. |
| 1:31.8 | Kit joining us from London, I want to begin with you, sir. An important |
| 1:34.8 | note that came into my inbox from your South this morning, the addiction to low volatility, |
| 1:39.8 | perhaps bigger than the addiction to low rates. |
| 1:42.6 | Walk me through it, Kit. |
| 1:44.2 | Well, it's struck me that they're related, right? |
| 1:47.0 | This low interest rate regime we've been in since the financial crisis |
| 1:51.0 | has pushed money looking for yield either to be taking low volatility |
| 1:56.1 | strategies which meant for a long time buying things that were low in |
| 1:59.4 | volatility and that suffered if volatility picked up across markets, so corporate bonds, high |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Bloomberg, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Bloomberg and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.