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Bloomberg Surveillance

September US Payroll Gain Beats Most EstimatesSeptember US Payroll Gain Beats Most Estimates

Bloomberg Surveillance

Bloomberg

News, Business, Business News, Investing

3.81.2K Ratings

🗓️ 20 November 2025

⏱️ 33 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
Thursday, November 20th, 2025

Featuring:
1) Jeffrey Cleveland, Director and Chief Economist at Payden & Rygel, reacts to the September US jobs report.
2) David Malpass, former President at the World Bank, on why cautious rate cuts may backfire by tightening financial conditions and slowing growth.
3) Marta Norton, Chief Investment Strategist at Empower, on how Nvidia’s results reaffirm AI demand and stabilize markets amid volatility.
4) Lisa Mateo joins with the latest headlines in newspapers across the US, including Bloomberg News reporting on the first round of bids for Warner Bros. Discovery expected today, and a Wall Street Journal piece on the 10 'subtle signs' that you are ready to retire.

See omnystudio.com/listener for privacy information.

Transcript

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0:00.0

To all the financial advisors listening, let's talk bonds for a minute. We've seen a lot of big

0:04.7

firms throw a couple of flashy funds your way and call it a day. But not Vanguard. Vanguard bonds

0:10.2

are institutional quality. We're talking top-grade products across the board of over 80 bond funds,

0:16.6

actively managed by a 200-person global team. So if you're looking to give your clients consistent

0:21.5

results year in and year out, go see the record for yourself at vanguard.com slash audio. That's

0:27.5

vanguard.com slash audio. All investing is subject to risk, Vanguard Marketing Corporation

0:32.3

distributor. You can get the news whenever you want it with Bloomberg News Now. I'm Amy Morris. And I'm Karen

0:39.6

Moscow here to tell you about our new on-demand news report delivered right to your podcast feed.

0:45.6

Bloomberg News Now is a short five-minute audio report on the day's top stories. Episodes are

0:51.1

published throughout the day with the latest information and data to keep you informed.

0:55.7

Yes, there are other products like this from a variety of news organizations, but they usually

1:01.2

rerun their radio newscasts throughout the day. That's not what we do. We create customized episodes

1:07.6

that can only be heard on Bloomberg News Now. And we don't wait an hour to publish breaking news.

1:13.0

When news breaks, we'll have an episode up in your podcast feed within minutes.

1:17.1

So you're always getting the latest stories and developments.

1:20.2

Get the reporting and the context from Bloomberg's 3,000 journalists and analysts

1:24.6

we're all over the world.

1:26.2

Listen to the latest from Bloomberg News

1:28.2

Now on Apple, Spotify, or anywhere you listen.

1:34.4

Bloomberg Audio Studios, Podcasts, Radio News.

1:47.0

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.

1:54.5

Listen on demand wherever you get your podcasts or watch us live on YouTube.

...

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