Surveillance: Global Growth Is Bottoming, Cantrill Says
Bloomberg Surveillance
Bloomberg
3.8 • 1.2K Ratings
🗓️ 15 November 2019
⏱️ 36 minutes
🧾️ Download transcript
Summary
Howard Ward, Gabelli Funds CIO of Growth Equities, thinks it's time for the White House to "stop manipulating the market" when it comes to trade deal progress. Libby Cantrill, PIMCO Head of Public Policy, says uncertainty and tensions with China are not going away any time soon. Molly Smith, Bloomberg Corporate Finance Reporter, says this week's strong demand for Abbvie's bonds show there's a lot of confidence in the tie-up between Abbvie & Allergan. John Authers, Bloomberg Opinion Columnist, details the deep economic links between China and emerging markets. And Lord Adair Turner, House of Lords & G-30 Member, says in terms of pensions, Sweden has made some sensible policies.
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| 0:00.0 | There's so much news happening around the world that we're somehow supposed to stay on top of. |
| 0:05.5 | That's why we launched The Big Take. It's a daily podcast from Bloomberg and I Heart |
| 0:11.4 | Radio that turns down the volume a bit to give you some space to think. |
| 0:16.5 | I'm Wes Kossova. |
| 0:18.0 | Each weekday I dig into one important story and talk about why it matters. |
| 0:23.7 | Listen to the big take on the I Heart Radio app, |
| 0:26.6 | Apple Podcasts, we bring you insights. Welcome to the Bloomberg Surveillance Podcast. I'm Tom Keene. |
| 0:43.4 | Daily, we bring you insight from the best in economics, finance, investment, |
| 0:47.8 | and international relations. |
| 0:49.8 | Find Bloomberg Surveillance on Apple Podcasts, SoundCloud, Bloomberg.com, and of course, |
| 0:56.2 | on the Bloomberg. |
| 0:57.6 | On October 11th, the United States signaled it had a phase one trade deal with China. |
| 1:02.1 | This was the President of the United States in the Oval |
| 1:04.4 | Office with the Chinese delegation. He said, we have come to a deal, pretty much, subject to getting |
| 1:09.5 | it written. It'll take probably three weeks, four weeks or five weeks. |
| 1:13.2 | That was five weeks ago. |
| 1:14.7 | Five weeks later and the Financial Times is reporting that both sides are still struggling |
| 1:18.8 | to close the gap. |
| 1:19.6 | They write that according to people close to the talks, |
| 1:22.0 | Trump administration officials are frustrated |
| 1:24.4 | that China has not offered enough concessions to justify reduction in US tariffs |
| 1:28.4 | on Chinese goods, a long-standing demand from Beijing |
... |
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