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Bloomberg Surveillance

Surveillance: Davos Day 2

Bloomberg Surveillance

Bloomberg

Business News, News, Investing, Business

3.81.2K Ratings

🗓️ 22 January 2020

⏱️ 52 minutes

🧾️ Download transcript

Summary

Bruno Le Maire, French Finance Minister, says postponing a digital tax on the U.S. until the year's end is a fair compromise. Elaine Chao, U.S. Secretary of Transportation, says there is no timetable for returning the grounded Boeing 737 Max. David Rubenstein, Carlyle Co-Chairman, discusses changes in private equity. James Gorman, Morgan Stanley CEO, says we are in a very benign period with relative global stability. Scott Minerd, Guggenheim Global CIO, says the U.S. Federal Reserve is encouraging investor behavior that fuels a bubble in U.S. corporate credit markets. Bloomberg's Sonali Basak discusses major themes at the World Economic Forum in Davos.

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Transcript

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0:00.0

Business stories aren't just about business. They're also about policy, politics, finance, and more.

0:06.5

With Bloomberg, you stay informed on global coverage that connects the dots.

0:10.5

The Bloomberg mobile app now features Apple Car Play and Android Auto so you can get the latest live radio,

0:16.7

podcasts and audio articles in the car. Download the Bloomberg Mobile App now to get started.

0:22.0

Find it in the Apple App Store or on Google Play.

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

Now President Savagnan Macron, Donald Trump have agreed to a truce in their dispute over

1:01.2

digital taxes.

1:03.0

This will prevent any punitive tariffs through the end of the year.

1:05.8

Now, is the agreement lasting or merely delaying an inevitable conflict?

1:10.4

Well, joining us now I'm delighted to say is the French Finance Minister.

1:13.0

He is Bruno Le Mer.

1:15.0

Monsieur Le So Minister, thank you for joining us. How would you describe the current relationship between Europe, France, specifically, and the US?

1:28.0

I think that due to the very good phone call between President Trump and President Macron.

1:34.8

We are now in a good mood, a good mood for negotiating and try to find a compromise between the US and France, between the US and Europe.

1:45.7

I think that the choice is quite clear.

...

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