Surveillance: Mario Draghi's ECB Legacy
Bloomberg Surveillance
Bloomberg
3.8 • 1.2K Ratings
🗓️ 24 October 2019
⏱️ 33 minutes
🧾️ Download transcript
Summary
Kate Moore, BlackRock Global Allocation Investment Team Head of Thematic Strategy, explains why we haven't seen the worst of it, despite some signs of life in third-quarter earnings. Jens Nordvig, Exante Data Founder & CEO, discusses Mario Draghi's legacy at the European Central Bank and the impact of a Lagarde presidency on the euro. Francesco Papadia, Former ECB Director General of Market Operations, explains why he thinks bank loans are the new asset the ECB is most likely to buy. Gertrude Tumpel-Gugerell, Former ECB Executive Board Member, says that the negative effects of low interest rates are visible in the economy.
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| 0:00.0 | Do you love Elon Musk? Do you hate Elon Musk? Do you have no idea what to think about Elon Musk? |
| 0:09.0 | Then we have just a show for you. He's become even more larger than life. |
| 0:14.4 | Buying Twitter doesn't get us closer to Mars. They are like really close to the edge of like |
| 0:18.8 | everything falling apart. Like oh Elon I, put a chip in my brain. |
| 0:23.0 | Each week on this podcast will break down, analyze, and debate the most important stories on Musk and his empire. |
| 0:30.0 | It's all one big universe. You just work for Elon Inc. From Bloomberg Business Week, this is Elon Inc. |
| 0:37.0 | listen wherever you get your podcasts. Welcome to the Bloomberg Surveillance Podcast. I'm Tom Keene. |
| 0:55.6 | Daily, we bring you insight from the best in economics, finance, investment, |
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| 1:04.3 | podcasts, SoundCloud Bloomberg.com and of course on the Bloomberg. |
| 1:10.3 | We will have a news conference with President Draghi his final one. |
| 1:14.3 | Wow, eight years is up, where has that time gone? |
| 1:17.4 | Let's talk about this market, shall we? |
| 1:19.2 | 3M cutting forecasts, cat cutting forecasts, Texas Instruments cutting forecasts, the market getting a ton |
| 1:26.1 | thrown at it and it's holding up really well. |
| 1:28.8 | To discuss Kate Moore, Black Rock, Global Allocation Investment Team Head of Thematic Strategy. |
| 1:33.7 | Good morning, Kate. |
| 1:35.7 | Sometimes the information content in how a market response to data can be just as important |
| 1:41.5 | as the data itself. |
| 1:43.2 | That's right. |
| 1:43.9 | The last couple of days, do they speak to that? |
| 1:46.6 | Yeah, I think that's right. |
... |
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