Surveillance: Basak on Gorman Resigning
Bloomberg Surveillance
Bloomberg
3.8 • 1.2K Ratings
🗓️ 19 May 2023
⏱️ 38 minutes
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Summary
Sonali Basak, Bloomberg News Wall Street Correspondent says Morgan Stanley CEO Jim Gorman announcing he will resign in the next 12 months is the surprise news from today's AGM.Priya Misra, TD Securities Global Head of Rates Strategy says she sees the Fed hiking one more time and "it's a high bar for them to keep going".Henrietta Treys, Veda Partners Economic Policy Research Director says there is a 2% chance the US defaults on its debt. Jordan Rochester, Nomura G-10 FX Strategist says the dollar will zigzag the rest of this year like it did in 2021. David Bailin, Citi Global Wealth CIO says putting money overseas right now is a "gimmee".Get the Bloomberg Surveillance newsletter, delivered every weekday. Sign up now: https://www.bloomberg.com/account/newsletters/surveillance
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| 1:30.0 | Who could we speak to that could talk about the bench it Morgan Stanley? |
| 1:34.0 | And that would be, oh, I don't know, Ellen Zettner or, you know, Jim Caron will be on with John Farrow. |
| 1:41.0 | And the next hour, no, that's not the bench. |
| 1:43.0 | Expert at the Benches of Wall Street firms is our Bloomberg Someday, |
| 1:47.0 | they'll be CEO correspondent, Chaneli Bassack. |
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