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Bloomberg Surveillance

Surveillance: Government Support With Boston Mayor

Bloomberg Surveillance

Bloomberg

News, Business, Business News, Investing

3.81.2K Ratings

🗓️ 8 December 2020

⏱️ 26 minutes

🧾️ Download transcript

Summary

Peter Oppenheimer, Goldman Sachs Chief Global Equity Strategist, says he sees a strong U.S. rebound ahead. Boston Mayor Marty Walsh says the lack of guidance and financial support during the pandemic has been a failure of federal government. Leslie Vinjamuri, Chatham House Head of the U.S. Americas Programme, says there is no honeymoon period for the Biden team. Michael Cloherty, UBS Head of U.S. Rates Strategy, still sees upward pressure on yields next year.

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Transcript

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0:00.0

Together we have the opportunity to build a more sustainable and inclusive future.

0:06.0

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0:11.0

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0:16.3

and ideologies.

0:18.4

Because when global leaders work together, the outcomes benefit all of us.

0:23.0

Learn more at Bloomberg surveillance podcast. I'm Tom Keene.

0:43.3

Daily, we bring you insight from the best in economics, finance,

0:46.9

investment, and international relations.

0:49.7

Find Bloomberg Surveillance on Apple Podcasts, SoundCloud, Bloomberg.com, and of course, on the

0:56.2

Bloomberg.

0:57.2

Joining us now, Peter Ropenhimer of Goldman Sachs.

0:59.4

Peter always fantastic to catch up with you, the chief global equity strategist, the UK beginning the huge

1:06.2

vaccination program that's going to grip this country in the world I hope in the coming months

1:10.2

as well.

1:11.2

Top of the line in the notes I've got for you Peter by the UK.

1:15.4

By the footsy. Why Peter? Well look I mean very exciting news about about the

1:21.4

vaccine and but separately from that I think the UK

1:26.8

economy has been one of the worst hit from this pandemic partly because of the

1:31.2

makeup of the economy very heavily geared towards services

1:34.6

retail services. The fall of about 11% in GDP this year would be the worst annual

1:41.0

downturn since the early 1700s.

1:44.4

But at the same time, we're expecting a very strong rebound in the US economy next year,

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