Surveillance: Broad Virus Testing Needed, Hochul Says
Bloomberg Surveillance
Bloomberg
3.8 • 1.2K Ratings
🗓️ 8 April 2020
⏱️ 41 minutes
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Summary
Troy Gayeski, Skybridge Capital Partner Co-Chief Investment Officer & Senior Portfolio Manager, says if the market does not bottom until after Q2, there will be a much longer downside stretch than anticipated. Kathy Hochul, New York Lieutenant Governor, says broad virus testing is needed before the New York economy reopens. Stephen Roach, Yale University Professor, former Morgan Stanley Asia Chairman and former Morgan Stanley Chief Economist, says countries need to be careful about pointing fingers during this crisis. Lauren Sauer, Johns Hopkins University Assistant Professor of Emergency Medicine, discusses how hospitals are handling the surge of coronavirus patients. Paul Sankey, Mizuho Americas Oil & Gas Analyst, says the market will deliver cuts, and they will be deeper than any OPEC+ agreements.
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| 0:00.0 | Join us in New York on November 29th for the Bloomberg Canadian Finance Conference, |
| 0:04.6 | proudly sponsored by National Bank of Canada Financial Markets. |
| 0:07.8 | 2023 marks the 11 year anniversary of our Canada focused event and continues the tradition of providing timely |
| 0:13.8 | insights and actionable strategies. We'll have senior government |
| 0:17.1 | officials from Saskatchewan, Quebec, British Columbia, Alberta and Ontario as well |
| 0:21.9 | as speakers from Northland Power, World Bank, Transolta, and many more. |
| 0:26.0 | Register at Bloomberg Live.com I'm Tom Keene. |
| 0:43.5 | Daily, we bring you insight from the best |
| 0:45.9 | in economics, finance, investment, and international relations. |
| 0:49.9 | Find Bloomberg Surveillance on Apple Podcasts SoundCloud, Bloomberg.com, and of course, |
| 0:56.1 | on the Bloomberg. |
| 0:57.5 | Some of these numbers worldwide still are not great, just a subtle, a subtle sign of stabilization |
| 1:02.2 | in some key economies, some key key countries and we hope that continues Tom |
| 1:05.4 | Great lineup of guests through this morning on Bloomberg surveillance as always and we begin this morning with Troy Kayski of Skybridge Troy always great to catch up with you |
| 1:14.0 | Howard Marks putting out a memo yesterday |
| 1:16.0 | Let me bring you a quote from that just to start this conversation off |
| 1:19.0 | The bottom line for me is that I'm not all troubled at all troubled saying markets may well be considerably |
| 1:25.6 | lower sometime in the coming months and we're buying today when we find good value. |
| 1:29.4 | I don't find these statements inconsistent. |
| 1:32.6 | Your response to that, Troy. |
| 1:34.1 | Yeah, no, I think he's 100% right. |
| 1:36.6 | I mean, you can never time about him perfectly, right? |
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