Surveillance: Bernstein & Dudley on U.S. Stimulus Outlook
Bloomberg Surveillance
Bloomberg
3.8 • 1.2K Ratings
🗓️ 3 February 2021
⏱️ 34 minutes
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Summary
Jared Bernstein, a member of the White House Council of Economic Advisers, says much of the Biden administration's pandemic relief bill is "targeted at those at the bottom leg of this K-shaped recovery." William Dudley, Bloomberg Opinion Columnist and Former New York Fed President, doesn't expect the Fed to act until late 2021 or early 2022. Tom Forte, D.A. Davidson Senior Research Analyst, discusses Jeff Bezos' surprise resignation and his successor Andy Jassy, head of Amazon Web Services. Kristen Bitterly, Citi Private Bank Head of Capital Markets for the Americas, sees a lot of cash on the sidelines.
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| 0:00.0 | Join us in New York on November 2 for the Bloomberg Technology |
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| 0:30.0 | Music |
| 0:40.0 | Welcome to the Bloomberg surveillance podcast I'm Tom Keane. |
| 0:43.5 | Daily, we bring you insight from the best in economics, finance, investment, |
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| 0:57.4 | Right now, Jared Bernstein joins us to say his member of the White House |
| 1:01.7 | Council of Economic Advisors for President Biden, |
| 1:04.5 | barely describes his public service to liberals and conservatives. |
| 1:09.2 | He is one of the liberal economists that conservatives are forced to read. |
| 1:13.6 | They've been doing that for decades with his work in Washington, |
| 1:16.8 | and he joins us now representing, of course, the Biden administration. |
| 1:21.0 | Jared, can you apply stimulus in a narrow, |
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