S&P 500 Climbs as Earnings Kick Into High Gear
Bloomberg Surveillance
Bloomberg
4 • 1.1K Ratings
🗓️ 3 December 2025
⏱️ 47 minutes
🧾️ Download transcript
Summary
Watch Tom and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.
Bloomberg Surveillance hosted by Tom Keene & Paul Sweeney
Wednesday, December 3rd, 2025
Featuring:
1) Nancy Lazar, Chief Global Economist at Piper Sandler, on how broadening earnings and big business strength are supporting GDP and the S&P despite weak labor data.
2) Michael Green, Chief Strategist at Simplify Asset Management, explains why modern mandatory costs like housing, childcare, healthcare, and transportation have reshaped the true poverty line.
3) Huw van Steenis, Vice Chair at Oliver Wyman, discusses UK banks passing harsh stress tests and the BOE’s push to unlock credit creation.
4) Lisa Mateo joins with the latest headlines in newspapers across the US, including a Wall Street Journal story on Waymo's self-driving cars suddenly behaving like New York cabbies, and New York Post reporting on the opening of a new luxury club in Midtown Manhattan.
See omnystudio.com/listener for privacy information.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Did you know that passive fixed income ETFs only capture about 50% of the U.S. public bond market? |
| 0:06.2 | But with J.P. Morgan Asset Management's active fixed income ETFs, we can help you capture 100% of the U.S. public bond market and explore twice as many opportunities. |
| 0:16.1 | Visit JPMorgan.com slash get active to learn more. |
| 0:20.0 | JPMorgan Asset Management is the brand name for the asset management business of JPMorgan Chase & Co, |
| 0:24.7 | and its affiliates worldwide. |
| 0:26.4 | This communication is issued by JPMorgan Distribution Services Incorporated member of FINRA. |
| 0:31.0 | Hi, I'm Stephen Carroll. |
| 0:32.7 | And I'm Caroline Hepka, here to introduce you to a podcast that brings you the news you need to start your day in just 15 minutes. |
| 0:40.0 | It's called Bloomberg Daybreak Europe Edition, covering all the top stories across Europe and around the world. |
| 0:46.2 | Each weekday morning, we're up early to bring you the latest news by 7 a.m. |
| 0:49.9 | We've got everything you need to know. |
| 0:51.6 | From geopolitics and global events to economics and what's moving markets, I'm covering it all from London. |
| 0:58.3 | And I'm in the EU's capital Brussels. |
| 1:00.2 | We have 3,000 journalists and analysts around the world to tell you what's happening, what it means and why it matters. |
| 1:06.4 | It's more than just business headlines, from the price of your breakfast to global shifts in power. |
| 1:11.8 | Economics and money aren't just part of the story. |
| 1:14.0 | They're often the driving force. |
| 1:15.8 | So start your day with us on Bloomberg Daybreak Europe Edition for the news you need to know and the context to make sense of it. |
| 1:22.1 | Find new episodes of Bloomberg Daybreak Europe edition by 7 a.m. London time on Apple, Spotify or wherever you get your |
| 1:28.8 | podcasts. |
| 1:33.9 | Bloomberg Audio Studios. Podcasts Radio News. |
| 1:43.8 | This is the Bloomberg Surveillance Podcast. |
... |
Transcript will be available on the free plan in 9 days. Upgrade to see the full transcript now.
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 2025.