Sky is a Real Crown Jewel, Disney's Iger Says
Bloomberg Surveillance
Bloomberg
3.8 • 1.2K Ratings
🗓️ 14 December 2017
⏱️ 32 minutes
🧾️ Download transcript
Summary
Julia Coronado, MacroPolicy Perspectives President & Founder, says one of the biggest disappoints of the year is that wage growth hasn't accelerated. Jan Hatzius, Goldman Sachs Chief Economist, predicts the unemployment rate is going to fall more rapidly than what the Fed forecasts. Steve Keen, Kingston University Economics Professor, says the major factor behind the rise in the S&P is quantitative easing. Bob Iger, The Walt Disney Company Chairman and CEO, expects scrutiny from regulatory authorities worldwide following the acquisition of 21st Century Fox assets.
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Transcript
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| 0:00.0 | There's so much news happening around the world that we're somehow supposed to stay on top of. |
| 0:05.5 | That's why we launched The Big Take. It's a daily podcast from Bloomberg and I Heart |
| 0:11.4 | Radio that turns down the volume a bit to give you some space to think. |
| 0:16.5 | I'm Wes Kossova. |
| 0:18.0 | Each weekday I dig into one important story and talk about why it matters. |
| 0:23.7 | Listen to the big take on the I Heart Radio app, |
| 0:26.6 | Apple Podcasts, we bring you insights. Welcome to the Bloomberg Surveillance Podcast. I'm Tom Keene. |
| 0:43.4 | Daily, we bring you insight from the best in economics, finance, investment, |
| 0:47.8 | and international relations. |
| 0:49.8 | Find Bloomberg Surveillance on Apple Podcasts, SoundCloud, Bloomberg.com, and of course, on the |
| 0:56.5 | Bloomberg. |
| 0:57.5 | Julia Cornato with us with macro policy perspectives. |
| 1:00.7 | Let's rip up the script. |
| 1:02.1 | Teva Pharmaceuticals laying off a gajillion people. |
| 1:05.8 | You know there's going to be layoffs in the Fox Disney meeting as well. |
| 1:10.0 | Companies have tepid nominal GDP. |
| 1:12.3 | They have little idea of where revenue growth is coming from, so |
| 1:15.6 | they're all they're going to consolidate and mate. |
| 1:17.9 | That's the fear of the American public that Chair Allen danced around yesterday. |
| 1:23.0 | What is economic growth? |
| 1:25.0 | Well, look, I mean, economic growth has actually been a little bit better over the last year |
| 1:30.0 | and it's been a little bit more broad-based and yes, companies are still very very focused on cost cutting we see that in |
... |
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