Surveillance: Growth Overall Is Coming Down, Weinberg Says
Bloomberg Surveillance
Bloomberg
3.8 • 1.2K Ratings
🗓️ 1 July 2019
⏱️ 29 minutes
🧾️ Download transcript
Summary
Carl Weinberg, High Frequency Economics Chief Economist & Founder, says the industrial recession in Europe is ongoing with "no clear end in sight." Bob Profusek, Jones Day Global Chair of M&A, talks potential takeovers in the second half and what he's watching. Lindsey Piegza, Stifel Chief Economist, says durable goods and inventories are important market economic data points. And Daniel Ives, Wedbush Securities Analyst, explains how forthcoming trade talks between the U.S. and China will impact Apple's shares and production.
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Transcript
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| 0:00.0 | Business stories aren't just about business. They're also about policy, politics, finance, and more. |
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| 0:24.7 | Bloomberg in-car apps are sponsored by interactive brokers. Welcome to the Bloomberg Surveillance Podcast, I'm Tom Keene. |
| 0:40.0 | Daily, we bring you inside. Welcome to the Bloomberg Surveillance Podcast. I'm Tom Keene. |
| 0:43.5 | Daly, 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. |
| 0:58.3 | With our top story, shall we? |
| 0:59.7 | And a key question is a global manufacturing slump putting a reality check on this weekend's |
| 1:05.1 | trade truce across Asia and Europe manufacturing PMIs sticking in contraction |
| 1:10.4 | territory for an original take-obud say I'm pleased to say that joining us in the studio is |
| 1:14.8 | Carl Weinberg High Frequency Economics Chief Economist and founder good morning to Carl |
| 1:19.1 | Good morning John I know you've got a different take on this you think the PMIs through the year |
| 1:23.2 | have been somewhat misleading just walk us through the thinking over a high frequency |
| 1:27.6 | at the moment count let's just take a deep breath all right markets PMIs are new and |
| 1:31.3 | they're not statistically tested they can't't be. They're only 12 years old. |
| 1:35.0 | So to put full credit, put full belief, confidence in what they're saying is a mistake. |
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