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Bloomberg Surveillance

Surveillance: ECB Policy Not Targeted At USD, Posen Says

Bloomberg Surveillance

Bloomberg

Investing, Business News, News, Business

3.81.2K Ratings

🗓️ 18 June 2019

⏱️ 34 minutes

🧾️ Download transcript

Summary

We kick off with a segment from our Bloomberg TV show with Bloomberg's Joe Weisenthal and Nordea Asset Management's Sebastian Galy. They weigh in on Facebook's new Libra cryptocurrency. Adam Posen, Peterson Institute President, says ECB policy is not targeted at the U.S. dollar. General Stanley McChrystal, Former Commander of U.S. and International Forces in Afghanistan, says "leadership requires character." Lindsey Piegza, Stifel Chief Economist, says today's U.S. housing starts paint a negative picture for the second quarter. And Gary Shilling, Bloomberg Opinion Columnist, says the Fed does not want to go negative on rates. 

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Transcript

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0:00.0

On December 4th and 5th, against the backdrop of the United Nations Climate Change Conference,

0:05.2

Bloomberg Green will convene the foremost leaders in business, finance, policy, academia,

0:10.3

and NGOs for candid conversations focused on creating solutions to support

0:14.9

the goals set forth at COP28. Join our community of global influencers and

0:19.5

problem solvers in Dubai to build connections, inspire innovation and challenge the status quo in the

0:25.1

battle against climate change. Register at Bloomberg Live. I'm Tom Keene.

0:43.5

Daily, 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 the

0:56.4

Bloomberg.

0:57.4

Dark into the door, usually rock stars in at 9.30 in the morning, but Mr. Wiesenthal

1:01.8

has greeted us this morning on this important

1:03.9

story I just got all flamed up somebody called a currency I said no way there's no

1:08.7

way this is a currency our article even says it's going to be based off

1:12.1

securities is it a currency Our article even says it's going to be based off securities.

1:13.1

Is it a currency?

1:15.2

It's currency-ish.

1:16.8

Yes.

1:17.8

Yeah.

1:18.8

Jamie Diamond doesn't care about ish.

1:20.0

Jerome Powell and Randy Quarrels at the Fed don't care about is.

...

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