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Bloomberg Surveillance

Single Best Idea with Tom Keene: Bob Michele & Gautam Mukunda

Bloomberg Surveillance

Bloomberg

Business News, News, Investing, Business

3.81.2K Ratings

🗓️ 5 March 2025

⏱️ 5 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 Bob Michele & Gautam Mukunda.

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

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0:04.7

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0:20.7

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0:40.5

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0:49.0

Bloomberg Audio Studios. Podcasts, Radio News. studios, podcasts, radio, news.

1:05.1

A single best idea, and first of all, thank you for staying with us over just a cacophony of news flow.

1:07.7

I don't remember the last quiet day.

1:10.1

It's out there somewhere 10 days ago or so,

1:12.9

but every day has just been, literally we're blowing up the show in real time. We did that today

1:19.2

with a 5-4 Supreme Court decision, and on we will go. Eric Molo leading our coverage there.

1:25.0

We've got like four or five interns helping out, but I'll tell you,

1:28.5

it's 24-7 to just try to emphasize and wait what the ducks are. We were advantaged today.

1:35.0

Bob Michael showed up driving all of Mr. Diamond's fixed income effort at J.P. Morgan.

1:41.2

Hugely important job and with a great team around him. Bob Michael had a lot to say,

1:49.1

and particularly the tariff impact in all of this killing the economy. A month ago, everyone

1:58.5

and the market looked at tariffs as an impulse to higher inflation.

2:03.9

Today, they're looking at it as a drag on growth, the material one.

2:08.2

I tend to look at tariffs as economy killers.

2:12.0

So, yeah, you get a price shock higher, but that's going to dial down aggregate final demand. And that's what I think

...

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