Surveillance: Americans Are Underinvested In EM, Santos Says
Bloomberg Surveillance
Bloomberg
3.8 • 1.2K Ratings
🗓️ 24 May 2019
⏱️ 24 minutes
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Summary
Steve Wieting, Citi Private Bank Global Chief Investment Strategist, says he has no doubt the American economy will continue to grow throughout the year. Anna Edwards, Bloomberg TV & Radio Anchor, says bringing together the Conservative will be the first challenge for their next leader. Gabriela Santos, JPMorgan Asset Management Global Market Strategist, thinks that structurally, 10% of portfolios should be EM.
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| 0:00.0 | On December 4th and 5th, against the backdrop of the United Nations Climate Change Conference, |
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| 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 |
| 0:56.2 | the Bloomberg. |
| 0:58.2 | Joining us here in New York, Steve Wydig, City Private Bank, Global Chief Investment |
| 1:01.7 | Strategist, good morning. Good morning. Let's talk about the |
| 1:04.3 | United States. There was so much concern about everywhere else. Now there's just a |
| 1:08.6 | little bit more anxiety relatively speaking as to what is happening here in the |
| 1:12.3 | United States. |
| 1:13.0 | Your view, Steve. |
| 1:14.0 | Well, the 3.2% growth rate of GDP that you saw on the first quarter |
| 1:18.5 | is probably the weakest 3-2 I've ever seen. |
| 1:21.5 | We had slowing investment down consumer durable spending, a |
| 1:26.1 | decline in housing investment and you know basically we are in a year post |
| 1:31.5 | tax cut where we should be seeing some slowing now I think that the |
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