Surveillance: Blackstone's Schwarzman On Lower Rates
Bloomberg Surveillance
Bloomberg
3.8 • 1.2K Ratings
🗓️ 19 June 2019
⏱️ 36 minutes
🧾️ Download transcript
Summary
We kick off with a segment from our TV broadcast with Blackstone CEO Stephen Schwarzman. He tells Francine Lacqua & Tom Keene that lower rates would be great "symbolically" but it wouldn't change business decisions. Julia Coronado, Macropolicy Perspectives President and Founder, outlines the Fed's difficult communication challenge. Krishna Memani, Invesco OFI CIO, says growth is moderating but not to a catastrophic level. And Vincent Reinhart, Mellon Chief Economist & Macro Strategist, echoes Coronado's take that central banks have "a hard time anchoring" communications.
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| 0:00.0 | Business stories aren't just about business. They're also about policy, politics, finance, and more. |
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| 0:24.7 | Bloomberg in-car apps are sponsored by interactive brokers. Welcome to the Bloomberg Surveillance Podcast, I'm Tom Keene. |
| 0:40.0 | Daily, we bring you inside. Welcome to the Bloomberg Surveillance Podcast. I'm Tom Keene. |
| 0:43.5 | Daly, 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. |
| 0:57.2 | Stephen Schwartzman has given 150 million pounds to Oxford University the largest |
| 1:01.5 | contribution in its 800 year history. |
| 1:04.3 | The Blackstone Group, Head, has emerged as a major philanthropist with donations to the New York |
| 1:08.6 | Public Library, MIT and Yale. |
| 1:10.9 | He's also close to President Donald Trump, and a little bit of a scholar when it comes to China. |
| 1:15.0 | Well, I'm very pleased to be welcoming on Bloomberg surveillance, Blackstone Group Chief Executive here in London. |
| 1:20.0 | He is Stephen Schwartzman. |
| 1:21.0 | Steve, welcome to the program. |
| 1:22.6 | Thank you so much for coming in. |
| 1:24.0 | Now, this is basically a faculty, a hub |
... |
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