Surveillance: No Recession In Sight, Kudlow Says
Bloomberg Surveillance
Bloomberg
3.8 • 1.2K Ratings
🗓️ 4 January 2019
⏱️ 38 minutes
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Summary
Jim Glassman, JPMorgan Chase Commercial Banking Head Economist, says growth for the working age population has slowed dramatically. Miranda Carr, Haitong International China Macro Strategist, says further liquidity is needed in China for its infrastructure projects. Alan Krueger, Princeton University Professor of Economics, and Mike Darda, MKM Holdings Chief Economist & Chief Market Strategist, join us for instant reaction to the U.S. jobs number (312k). Larry Kudlow, White House National Economic Council Director, says there is no recession in sight.
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Transcript
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| 0:00.0 | To me, context is about pattern recognition. |
| 0:02.8 | It's connecting the dots. |
| 0:04.4 | It's giving readers an ability to synthesize |
| 0:07.6 | a number of different perspectives |
| 0:09.2 | so they can understand how the greater whole works, |
| 0:12.0 | because nothing really occurs in isolation anymore. |
| 0:14.4 | I'm Tim O'Brien and I'm the senior executive editor at Bloomberg Opinion. |
| 0:18.0 | On our platform, we ask tough questions and solve complex problems with the facts in mind. |
| 0:23.0 | Start exploring our opinion coverage and more at Bloomberg.com slash subscribe. 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, |
| 0:53.7 | Bloomberg.com, and of course, on the Bloomberg. Jim Glassman, dropping by the studio here in New York. |
| 1:07.0 | J.P. Morgan Chase Commercial Banking, head economist. |
| 1:13.5 | Good morning to Jim. |
| 1:14.5 | Good morning. |
| 1:15.5 | What are you expecting in about 90 minutes time? |
| 1:17.5 | Pretty decent job report and this is interesting because we're still seeing above-trane hiring, which is odd. |
| 1:25.0 | When the unemployment rate is this low, you tend to think you're going to see things slow down. |
| 1:28.0 | The number of people who are 16 to 70, the working age population, has slowed down dramatically it's running about |
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