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Bloomberg Surveillance

Single Best Idea with Tom Keene: Anna Wong & Kathy Bostjancic

Bloomberg Surveillance

Bloomberg

News, Investing, Business News, Business

41.1K Ratings

🗓️ 7 August 2025

⏱️ 6 minutes

🧾️ Download transcript

Summary

Tom Keene breaks down the Single Best Idea from the latest edition of Bloomberg Surveillance Radio.

In this episode, we feature conversations with Anna Wong & Kathy Bostjancic.

Watch Tom and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF

See omnystudio.com/listener for privacy information.

Transcript

Click on a timestamp to play from that location

0:00.0

Hi, I'm Lisa Mateo, introducing you to the new Stockmovers report from Bloomberg.

0:08.6

These are short audio reports, five minutes or less, delivered right to your podcast feed throughout the day.

0:15.2

Stockmovers fills you in on the day's winners and losers on Wall Street and tells you about the news and data that's

0:21.0

driving those gains and losses. If you want to stay plugged into the stock market, but don't

0:25.9

want to spend all day watching tickers scroll across your screen, then Stock Movers is a place for you

0:32.0

to get informed. Listen a couple times throughout the day to find out what's moving equities and why.

0:39.0

Search for stock movers on Apple Podcasts, Spotify, or anywhere else you listen.

0:44.4

Get the latest stock news and data backed by reporting from Bloomberg's 3,000 journalists and analysts across the globe.

0:53.0

Subscribe to Stockmovers, wherever you get your podcasts.

1:00.0

Bloomberg Audio Studios, Podcasts Radio News.

1:13.7

A single best idea, a really interesting Thursday, sort of midsummer, but not summer

1:19.0

doldrums, the way this market's going and the stimulus to the halves, the financialization

1:24.0

of America.

1:25.3

It's certainly not a dull August, but it was a great cross-section of guests today.

1:31.2

Anna Wong joined us, of course, with Bloomberg Economics, a brilliant report out, and really the

1:36.8

first one to begin to think about not a quarter point, 25 beep cut here by the Fed in September.

1:45.5

Could it be two quarter points, a 50 basis point beep?

1:49.8

On the labor economy, on the Fed, Anna Wong.

1:53.0

The two-month backward revision of 258,000 drop in May and June's payrolls

2:00.5

was a three standard deviation outside of the mean

2:04.1

phenomenon. And that in a normal distribution means there's only less than a 0.2% chance to see

2:11.8

a decline in jobs as large as this in terms of revisions and then when we drill into details we found that

...

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