Surveillance: Global Economy is Resilient, Stoltzfus Says
Bloomberg Surveillance
Bloomberg
3.8 • 1.2K Ratings
🗓️ 10 February 2020
⏱️ 31 minutes
🧾️ Download transcript
Summary
John Stoltzfus, Oppenheimer Asset Management Chief Investment Strategist, says there is a remarkable resilience built into the global economy. Jared Bernstein, Senior Fellow at the Center on Budget and Policy Priorities and Former Chief Economist and Economic Adviser to Vice President Joseph Biden, argues that Republicans want to get rid of safety net programs that bridge the gap between what people earn and what they actually need. Kit Juckes, Societe Generale Chief FX Strategist, does not see much that can prevent U.S. growth from slowing further. Sarah House, Wells Fargo Securities Senior Economist, says as the economy slowed over the past year, demand for labor has shifted downward.
See omnystudio.com/listener for privacy information.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Little could be done for children with Dushin muscular dystrophy until the gene |
| 0:08.5 | responsible for the disease was known. Hear about the possibilities geneticists are now exploring on the latest episode of |
| 0:15.4 | targeting the toughest diseases, a new podcast by Bloomberg Media Studios and Vertex Pharmaceuticals. With Bloomberg, you get the story behind the story, the story behind the |
| 0:29.7 | story behind the global birth rate, behind your EV battery's environmental impact, behind |
| 0:34.6 | sand, yeah, sand, you get context. And context changes everything. Go to Bloomberg |
| 0:40.0 | com to get context. Welcome to the Bloomberg surveillance podcast. |
| 0:44.0 | I'm Tom Keene. |
| 0:55.0 | Daily, we bring you insight from the best in economics, finance, investment, and |
| 1:00.0 | international relations. Find Bloomberg surveillance on Apple Podcasts, SoundCloud, |
| 1:05.4 | Bloomberg.com, and of course, on the Bloomberg. |
| 1:08.9 | Should we bring a John Stolfers, Oppenheimer Asset Management Chief Investment Strategist. |
| 1:12.6 | He joins us here in New York. |
| 1:13.6 | Good morning to you, John. |
| 1:14.6 | Good morning. |
| 1:15.6 | Good to be here. |
| 1:16.6 | Do you tell your clients a nice beautiful story of optimism and hope about a V-shaped |
| 1:19.8 | recovery in the global economy this year? |
| 1:21.6 | Well, you know, I actually am expecting a V-shaped recovery. |
| 1:25.0 | We've had a V-shaped recovery in 09. |
| 1:30.0 | We had a V-shaped recovery most recently out of that fourth quarter of 2018. |
| 1:36.0 | There's a remarkable resilience that is built into the global economy as a result of low interest |
| 1:42.1 | rates, highly sensitive monetary policy, not only by the US |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Bloomberg, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Bloomberg and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.