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Bloomberg Surveillance

Surveillance: Historic Jobless Claims With Gapen

Bloomberg Surveillance

Bloomberg

Business News, News, Investing, Business

3.81.2K Ratings

🗓️ 2 April 2020

⏱️ 30 minutes

🧾️ Download transcript

Summary

Lori Calvasina, RBC Capital Markets, says the end of March market rally was due to a positive reaction out of Washington. Jason Furman, Harvard University professor and Former Obama Economic Advisor, says there will be very high unemployment for the rest of this year and next year. Michael Gapen, Barclays Chief U.S. Economist, says March jobs report is already old news; jobless claims data is the most important information we have. Jonathan Miller, Miller Samuel Real Estate Appraisers & Consultants, details how the housing market is dealing with fallout from the coronavirus.

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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.

0:06.5

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0:10.5

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0:22.0

Find it in the Apple App Store or on Google Play.

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

Daily, 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

0:56.2

the Bloomberg.

0:57.2

I'm pleased to say that we can join Lori Kavasina now obviously capital markets

1:00.9

head of US Equity Strategy.

1:02.6

Lori, great to get you on this program, as always.

1:05.3

Trying to gauge a couple of things in this market.

1:07.2

And one thing you can really help us with today is sentiment.

1:10.4

How washed out is sentiment at the moment?

1:13.0

Well, unfortunately, I don't think it's washed out enough, John.

1:16.0

We actually just released our investor survey this morning that we do every quarter

1:20.0

and we ran this from March 25th to 31st so it's pretty fresh as fresh as

1:24.8

we can get we actually were stunned to see that those describing themselves as

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