Surveillance: Increased Downside Risks With Swonk
Bloomberg Surveillance
Bloomberg
3.8 • 1.2K Ratings
🗓️ 22 September 2020
⏱️ 30 minutes
🧾️ Download transcript
Summary
Tony Dwyer, Canaccord Genuity Chief Market Strategist, cautions investors on playing politics with their portfolio. James Athey, Aberdeen Standard Investments Senior Investment Manager, says finding diversification is difficult in the world of one trade. Isaac Boltansky, Compass Point Research & Trading Director of Policy Research, says the next government fiscal package is effectively dead at the moment. Diane Swonk, Grant Thornton Chief Economist, says colder temperatures could exacerbate unemployment.
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| 0:00.0 | On December 4th and 5th, against the backdrop of the United Nations Climate Change Conference, |
| 0:05.2 | Bloomberg Green will convene the foremost leaders in business, finance, policy, academia, |
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| 0:14.9 | the goals set forth at COP28. Join our community of global influencers and |
| 0:19.5 | problem solvers in Dubai to build connections, inspire innovation and challenge the status quo in the |
| 0:25.1 | battle against climate change. Register at Bloomberg Live. 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 | Joining us now on the price action, Tony Duara Canichord Genmity, equity strategist, |
| 1:02.0 | great to have Tony with us on a day like this. |
| 1:03.8 | Tony, many people trying to play politics in this market right now |
| 1:07.4 | convinced them they shouldn't. |
| 1:10.4 | How do you guess? |
| 1:12.2 | We don't know how people are going to vote yet. We don't know it's kind of 50-50 right now Biden's in the lead but we know not to trust the polls from the last election. We don't know what the implication of the Supreme Court |
| 1:24.8 | nominees going to be. We don't know if they're going to have the Senate, if the |
| 1:29.0 | Democrats are going to sweep and have both the White House and the Senate. |
| 1:33.0 | I just don't think it's an investable event, |
| 1:35.3 | but what you do have is hesitant towards buying. |
| 1:38.4 | But I don't think there's a, it's possible. |
... |
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