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Bloomberg Surveillance

Surveillance: Labor Market With Luzzetti

Bloomberg Surveillance

Bloomberg

Business News, News, Investing, Business

3.81.2K Ratings

🗓️ 29 June 2021

⏱️ 31 minutes

🧾️ Download transcript

Summary

Matthew Luzzetti, Deutsche Bank Chief U.S. Economist, looks ahead to what he thinks could be a perplexing jobs report. Mona Mahajan, Allianz Global Investors Senior U.S. Investment Strategist, says to expect more interest to come in the tech trade. Kona Haque, ED&F Man Head of Research, says oil demand can spike higher. David George, Robert W. Baird Senior Bank Analyst, expects very significant capital return out of the financial services industry over the next couple of years.

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Transcript

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0:00.0

Is inflation finally on the retreat? Can labor markets withstand an economic slowdown and demographic

0:05.9

headwinds? Will the tense geopolitical climate ease or escalate? This is the Outthinking

0:11.4

Investor. Join us as we re-examine the past, present-day opportunities and future possibilities

0:18.3

in global capital markets. The Outthinking Investor, an award-winning

0:23.2

podcast from PGIM. This podcast is intended solely for professional

0:27.1

investor use. Past performance is not a guarantee of future results.

0:30.0

Hi, I'm Eric Schatzker, the editorial director of Bloomberg New Economy. At Bloomberg, we believe

0:35.4

in the power of ideas. That's why we launched Bloomberg New Economy Catalysts. This global

0:40.3

community of entrepreneurs and innovators is blazing new trails in every corner of the economy,

0:45.7

like using AI to speed up supply chains and saving our coral reefs with 3D printing. The 2023

0:51.2

Catalyst class is reshaping our world in radical and exciting ways. Learn more about the Catalysts

0:56.5

and what they're doing at BloombergNewEconomy.com slash Catalysts.

1:06.1

Welcome to the Bloomberg's surveillance podcast I'm Tom Keane, along with Jonathan Farrell

1:11.4

and Lisa Abralwitz. Daily, we bring you insight from the best. An economics finance

1:17.1

investment and international relations find Bloomberg's surveillance. An ample podcast

1:22.7

sun cloud, Bloomberg.com and of course, on the Bloomberg terminal.

1:31.5

Right now to make a smarter Matthew Lazzetti with us for you on Global Wall Street,

1:35.8

Deutsche Bank has just done a terrific job. It's maybe a fractious view with a different view

1:40.6

short term versus their view long term. Let's go wicked short to Friday with Matthew Lazzetti,

1:46.4

our first real discussion of this jobs report. Matthew, I love what you say. It is a perplexing

1:51.9

labor economy. How will this Friday's report be perplexing?

1:58.2

Sure, thank you for having me. I think what we've seen over the past several months is data

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