Surveillance: China's Economy in Jeopardy, Hotez Says
Bloomberg Surveillance
Bloomberg
3.8 • 1.2K Ratings
🗓️ 14 February 2020
⏱️ 37 minutes
🧾️ Download transcript
Summary
Steve Wieting, Citi Private Bank Global Chief Investment Strategist, says this is an unlikely time for U.S. outperformance to wane. Dr. Peter Hotez, Baylor College of Medicine Dean, calls for international cooperation in combating the coronavirus. Henrietta Treyz, Veda Partners Director of Economic Policy, discusses the tension between the U.S. and China over the coronavirus and trade. Torsten Slok, Deutsche Bank Chief Economist, says the labor market, including wages and job growth, is slowing down greatly. Jason Bordoff, Columbia Professor and former U.S. National Security Council and Director of Energy & Climate Change, says in his opinion, it’s an encouraging shift to see republicans recognizing climate change as a serious reality.
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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. |
| 0:57.1 | Joining us now I'm pleased to say Steve Widing, City Private Bank, Global Chief Investment |
| 1:00.8 | Strategists, Steve, Teeflon S&P 500. |
| 1:04.4 | Come on, what is going to break this thing? |
| 1:07.6 | Well, while the US is getting safe haven influence |
| 1:12.2 | from the rest of the world you can take a |
| 1:13.6 | look at both bombs and stocks in the United States you could take a look at the |
| 1:17.5 | US dollar as evidence of that |
| 1:20.2 | uh... you know this is an unlikely time for U.S. |
| 1:24.0 | Outperformance really to wane while these concerns are more centered in the rest of the world. |
| 1:29.0 | Does it go too far? |
| 1:31.0 | Well, 12 hundred basis points about performance of US stocks |
... |
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