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Bloomberg Surveillance

Single Best Idea with Tom Keene: Anna Wong & Linda Duessel

Bloomberg Surveillance

Bloomberg

Business News, News, Investing, Business

3.81.2K Ratings

🗓️ 2 May 2024

⏱️ 7 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 & Linda Duessel.

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

See omnystudio.com/listener for privacy information.

Transcript

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0:00.0

Bloomberg Audio Studios.

0:04.0

Podcasts, Radio News. Single best idea of

0:15.0

I have picking up the pieces off the Fed meeting yesterday and of course on to

0:17.8

Apple earnings on to a jobs report tomorrow it's Thursday we barely

0:21.8

barely begun to touch on 240,000

0:25.3

non-farm payrolls as a statistic tomorrow.

0:28.3

We'll get to that. The jobs report some would say is more important than the

0:31.2

Fed meeting that we just observed.

0:34.1

And of course, what's so important about this is great Fed conversation.

0:37.8

On the Fed decides, thank you, Mohammed Alarian, for heated comments about the overarching theme here that wasn't captured in the

0:45.9

press conference and Bob Michael of J.P. Morgan I thought was just brilliant just

0:50.8

saying look rates are coming down just wait wait wait for the data and

0:55.2

you'll see that and his colleague Michael Ferelli with us today made it very

1:00.5

clear that they're the sum of their research at

1:03.6

J.P. Morgan is you are going to get back on

1:06.6

some form of disinflationary tendency.

1:09.5

My single word yesterday, single best word, if you will, for the Fed meeting was it was drowning in Hopium.

1:17.0

And Anna Wong at Bloomberg Economics, I thought, was just brilliant yesterday and today with us about the tone of the press conference

1:28.0

in terms of hope versus the reality of the data out there.

1:34.5

Anna Wong made some controversial comments today.

1:37.4

Let's listen.

1:38.3

As a Fed watcher, my goal is to predict what he does.

...

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