Single Best Idea with Tom Keene: Ben Laidler & Anna Wong
Bloomberg Surveillance
Bloomberg
3.8 • 1.2K Ratings
🗓️ 25 April 2024
⏱️ 8 minutes
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Summary
Tom Keene breaks down the Single Best Idea from the latest edition of Bloomberg Surveillance Radio.
In this episode, we feature conversations with Ben Laidler & Anna Wong.
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. Single Best Idea |
| 0:15.0 | Idea and across three hours of Broadcasting this morning, 7 to 10 AM Wall Street time. |
| 0:20.0 | What a set of cross-currents. |
| 0:22.0 | Yes, we're looking at tech earnings. |
| 0:24.0 | Tim and Carol will have that this afternoon across all of our properties, |
| 0:29.0 | Microsoft and Google, but all of a sudden economics can get in the way. |
| 0:33.6 | That's the power of economics. |
| 0:35.0 | Something will come out and there'll be a big decision. |
| 0:37.5 | And I want to take 30 seconds here to nuance this. |
| 0:41.1 | Clearly the consensus of the people that we spoke to was this report was not as |
| 0:46.4 | grim is a positive 1.6% statistic. That's sort of there's been different |
| 0:52.4 | phrases for it over the decades but it's sort of, there's been different phrases for it over the decades, but it's sort of edge of recession. It's not. |
| 0:57.0 | And the answer is, is that all those imports coming in from abroad to a buoyant American economy buying those imports coming in from |
| 1:06.2 | abroad in the algebra of GDP diminished the number and the domestic numbers |
| 1:11.9 | were actually much better than |
| 1:13.9 | positive 1.6 percent. So that's the backdrop here. We're going to talk to Anna |
| 1:18.8 | Wong here in a moment of Bloomberg economics. |
| 1:22.6 | But before that and before the GDP report, |
| 1:26.8 | Ben Laidler, excuse me, I'm gasping, |
| 1:29.3 | it's exhausting morning. |
| 1:31.1 | Ben Laidler of E. Toro has just been outstanding about rationalizing your |
... |
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