Surveillance: Not Trade War But Tech Theft, Feldstein says

Bloomberg Surveillance

Bloomberg

News, Investing, Business News, Business

4 • 1.1K Ratings

🗓️ 22 February 2019

⏱️ 33 minutes

🔗️ Recording | iTunes | RSS

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Summary

Marty Feldstein, Harvard University Professor of Economics, says China is focused on trade deficits to divert from trade theft. Tara LaChapelle, Bloomberg Opinion Columnist, blames Kraft Heinz's fall on the company's short-sighted strategy. Kathy Jones, Schwab Center for Financial Research Chief Fixed Income Strategist, says we're still not clear about what the Fed is doing. Anne Mathias, Vanguard Group Senior Strategist of Global Rates & FX, says trade disputes are a proxy for worries about global growth. Dana Telsey, Telsey Advisory Group CEO, Founder & Chief Research Officer, says next week, investors will focus on inventory levels at department stores.

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Transcript

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0:00.0	There's so much news happening around the world that we're somehow supposed to stay on top of.
0:05.5	That's why we launched The Big Take. It's a daily podcast from Bloomberg and I Heart
0:11.4	Radio that turns down the volume a bit to give you some space to think.
0:16.5	I'm Wes Kossova.
0:18.0	Each weekday I dig into one important story and talk about why it matters.
0:23.7	Listen to the big take on the I Heart Radio app,
0:26.6	Apple Podcasts, we bring you insights. Welcome to the Bloomberg Surveillance Podcast. I'm Tom Keene.
0:43.4	Daily, we bring you insight from the best in economics, finance, investment,
0:47.8	and international relations.
0:49.8	Find Bloomberg Surveillance on Apple Apple Podcast, SoundCloud,
0:53.8	Bloomberg.com, and of course, on the Bloomberg. Can we give Professor Falstein a proper introduction?
1:07.0	Please, I insist.
1:08.0	The former chairman of the Council of Economic Advisors, the former chief Economic Advisor to the President Ronald Reagan.
1:15.2	Marty Foudstein, the Harvard University Professor of Economics, joins us now.
1:18.4	That's better, isn't it?
1:19.4	It's better.
1:20.4	That's better. Marty, great to see you.
1:21.4	Good to be back on radio with you.
1:23.2	In your words, Marty, it is not a China-US trade war.
1:28.6	Why not?
1:29.8	What it's really about is not trade.
1:32.0	It's about China stealing US technology
	...

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