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Bloomberg Surveillance

Surveillance: Adm. Stavridis on Worsening Iran Conflict

Bloomberg Surveillance

Bloomberg

Investing, Business News, News, Business

3.81.2K Ratings

🗓️ 21 June 2019

⏱️ 36 minutes

🧾️ Download transcript

Summary

William Lee, Milken Institute Chief Economist, parses the Fed message with conflicting economic signals resulting in new emphasis on next jobs report. Leslie Falconio, UBS Global Wealth Management's Chief Investment Office Senior Strategist, shares her preferred market strategy — overweight equity versus fixed income. Dan Yergin, IHS Markit Vice Chairman, is surprised at how well the market has adjusted to the cessation of Iranian and Venezuelan oil. Diane Jaffee, TCW Group Senior Portfolio Manager, says business uncertainty will lead to decreased capital expenditures. And Adm. James Stavridis, Carlyle Group Adviser & Bloomberg Opinion Columnist, says President Trump's "military policy by tweet" is "so unhelpful."

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Transcript

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0:00.0

On December 4th and 5th, against the backdrop of the United Nations Climate Change Conference,

0:05.2

Bloomberg Green will convene the foremost leaders in business, finance, policy, academia,

0:10.3

and NGOs for candid conversations focused on creating solutions to support

0:14.9

the goals set forth at COP28. Join our community of global influencers and

0:19.5

problem solvers in Dubai to build connections, inspire innovation, and challenge the status quo in the

0:25.1

battle against climate change. Register at Bloomberg Live. I'm Tom Keene.

0:43.5

Daily, we bring you insight from the best

0:45.9

in economics, finance, investment,

0:48.1

and international relations.

0:49.8

Find Bloomberg Surveillance on Apple Podcasts, SoundCloud, Bloomberg.com, and of course, on the

0:56.4

Bloomberg.

0:57.4

With is Bill Lee, one of the last things Vice Chairman Clarita said to me, please say hello to

1:01.4

Bill Lee, again with all his good academic work at

1:04.8

Columbia's public service to the IMF particularly in Hong Kong Bill Lee with us

1:09.5

on the comments of the vice chairman and the choice set forward.

1:13.7

Let me start right with the immediate on a Friday,

1:16.7

which is there will be a Friday soon, Dr. Lee,

1:18.8

where we get another jobs report in America.

1:21.4

Alan Ruskin and Deutschabbeck, really emphasizing in his note the importance

1:26.3

of this next print on a weaker labor economy.

1:29.8

How weak is the American labor economy? That's the key question and that's the one that I think Rich tried to dodge but hinted to

1:36.0

you that they were very concerned with because right now the weaknesses in the trade sector

...

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