Surveillance: Economy Could Use More Fed Support, Memani Says
Bloomberg Surveillance
Bloomberg
3.8 • 1.2K Ratings
🗓️ 3 September 2019
⏱️ 31 minutes
🧾️ Download transcript
Summary
Rob Carolan, Bloomberg Meteorologist, brings us an update on Hurricane Dorian. Lori Calvasina, RBC Capital Markets Head of U.S. Equity Strategy, says retail sentiment is quite bearish. Dan Ahn, Former U.S. Department of State Chief Economist, doesn't think that weakness appearing in both the U.S. & world economy is driven solely by trade tensions. Lindsey Piegza, Stifel Chief Economist, explores why global manufacturing has fallen into a slump and how it will impact global growth. And Krishna Memani, Invesco Vice Chairman of Investments, says valuations in EM are extraordinarily attractive.
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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. |
| 0:33.0 | Daily, we bring you inside. Welcome to the Bloomberg Surveillance Podcast. 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, on the |
| 0:56.4 | Bloomberg. |
| 0:58.4 | Rob Carolyn is our Bloomberg meteorologist and has provided gentle perspective on a slow moving storm. |
| 1:05.0 | Rob, let's start with that. |
| 1:06.2 | What is the why of why Dorian is moving so slowly? |
| 1:11.0 | Well, the why behind that, Tom, is a high pressure which was up over the northeast this weekend |
| 1:15.2 | was what was steering Dory and into the northwestern Bahamas. |
| 1:18.6 | That system's moved offshore. |
| 1:19.9 | We've actually had a coal front move across the northeast so there's nothing |
| 1:23.0 | helping to push that storm along what's going to happen is coal front in the |
| 1:26.8 | western Great Lakes it's a fairly strong one it'll drop down kind of start to draw |
| 1:31.1 | Dorian north-northwesterly later today to the north tomorrow and then kick it out to the northeast as we head through Thursday and Friday. |
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