Surveillance: Optimistic Outlook With Kostin
Bloomberg Surveillance
Bloomberg
3.8 • 1.2K Ratings
🗓️ 2 December 2020
⏱️ 31 minutes
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Summary
Kathy Hochul, New York Lieutenant Governor, says her greatest fear with the rising virus case count is overwhelming the hospital system. David Kostin, Goldman Sachs Chief U.S. Equity Strategist, says the economy is getting better and markets will continue to recognize that through 2021. Julie Norman, University College London Professor, says President-elect Joe Biden is assembling a pragmatic team. Michael Feroli, JPMorgan Chief U.S. Economist, sees reasons for gloom in the short-term, but room for optimism as 2021 unfolds.
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| 0:00.0 | Join us in Seattle on November 8th for Bloomberg's intelligent automation briefing about transformation in a time of uncertainty. During this special evening event, top business and IT executives will gather to explore ways in which intelligent automation can offset economic |
| 0:15.8 | pressures and help organizations thrive by enhancing operational efficiencies and stakeholder |
| 0:21.2 | value. |
| 0:22.3 | This program is proudly sponsored by IBM. Register at |
| 0:25.7 | Bloomberg Live.com slash automation slash radio. Welcome to the Bloomberg Surveillance Podcast, I'm Tom Keene. |
| 0:33.0 | Daily, we bring you insight. Welcome to the Bloomberg Surveillance Podcast. I'm Tom Keene. |
| 0:43.0 | Daily, we bring you insight from the best in economics, finance, investment, and international relations. |
| 0:49.5 | Find Bloomberg Surveillance on Apple Podcasts, SoundCloud, Bloomberg.com, and of course, on the |
| 0:56.2 | Bloomberg. |
| 0:57.2 | Right now with the immediacy that we're getting from hospital professionals, including |
| 1:00.6 | the leadership at Mount Sinai in New York and today at Beth Israel Deaconess Leahy up in Boston. |
| 1:07.5 | We welcome all of you on radio and television to people in the trenches. |
| 1:11.1 | That would be the lieutenant governor of the Empire State. |
| 1:13.7 | Kathy Hockel joins us this morning. |
| 1:15.7 | Kathy, if you read the Buffalo News, it's right in your face. |
| 1:19.9 | It's right in our face nationwide. |
| 1:22.8 | What is the best practice now for politicians |
| 1:26.4 | to contain the great hospitalization we're seeing? |
| 1:31.6 | Well, we have a strategy, Tom, and thank you everyone for having back on this once again. |
| 1:36.0 | Western York, where I live Erie County, Buffalo, we now have a 9.4% infection rate, |
| 1:42.1 | and that's up from just 2.5% over a month ago. |
| 1:46.0 | So I want to just point out first of all these numbers can spiral out of control very quickly. |
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