Surveillance: $100 Oil with JP Morgan's Malek
Bloomberg Surveillance
Bloomberg
3.8 • 1.2K Ratings
🗓️ 22 September 2023
⏱️ 38 minutes
🧾️ Download transcript
Summary
Christyan Malek, JP Morgan Securities Global Head of Energy Strategy, sees oil normalizing towards $100. Jordan Rochester, Nomura G-10 FX Strategist, says the dollar strength is already near levels where it is becoming disruptive. Saira Malik, Nuveen CIO, says the soft landing narrative is being challenged. Janet Henry, HSBC Global Chief Economist, says this is an unusual cycle.
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| 0:35.2 | listening to. Masters in Business. Join each week for an enlightening conversation with some of |
| 0:40.6 | the smartest people in investing and business. Doing business in Europe, it's |
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| 1:29.8 | In my house there's almost nothing on our desk. On my coffin table in my living room, |
| 1:35.4 | there is a 100-page plus research report from JP Morgan 18 months ago, which brilliantly |
| 1:42.8 | plays out the demand dynamics of what we don't talk enough about, which is emerging markets. |
| 1:47.7 | Joining us now, Christian Malik, global head of energy strategy at JP Morgan, |
| 1:52.2 | COVID got in the way. Let's just be honest, trying to shut down. |
| 1:55.7 | Got in the way. Do you reaffirm what you said 18 months ago about the durability of demand in |
| 2:02.6 | EM? For sure. I think it's good to be here again in |
| 2:06.6 | undemand. What I'd say is that I think we're actually stronger in demand growth on |
| 2:11.0 | a medium term than we thought we were. And the main reason is that when you look at all the fuels |
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