Surveillance: Political Pendulum With UCL's Klaas
Bloomberg Surveillance
Bloomberg
3.8 • 1.2K Ratings
🗓️ 2 November 2020
⏱️ 29 minutes
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Summary
Michael Shaoul, Marketfield Asset Management CEO & Portfolio Manager, says it takes a leap of faith to invest at this point in time. Diana Amoa, JPMorgan Investment Management Senior Fixed Income Portfolio Manager, says investors need to think beyond traditional hedges right now. Brian Klaas, University College London Associate Professor in Global Politics, says there is a pendulum shift happening in the United States away from populism. Daniel Ahn, BNP Paribas Chief U.S. Economist & Head of Markets 360 North America, says there are significant downside risks that will impair U.S. growth moving forward.
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| 0:00.0 | Together we have the opportunity to build a more sustainable and inclusive future. |
| 0:06.0 | At the Bloomberg New Economy Forum, we help make this possibility a reality |
| 0:11.0 | by cultivating new connections among global leaders that transcend geographies, industries |
| 0:16.3 | and ideologies. |
| 0:18.4 | Because when global leaders work together, the outcomes benefit all of us. |
| 0:23.0 | Learn more at Bloomberg surveillance podcast. I'm Tom Keene. |
| 0:43.3 | Daily, we bring you insight from the best in economics, finance, |
| 0:46.9 | investment, and international relations. |
| 0:49.7 | Find Bloomberg Surveillance on |
| 0:55.0 | and on the Bloomberg. |
| 0:57.0 | Let's begin the conversation on Bloomberg's surveillance |
| 0:59.0 | with Michael Schell, market field asset management, |
| 1:01.0 | CEO and portfoliofolio Manager. |
| 1:03.0 | Michael, fantastic to catch up with you, sir. |
| 1:04.7 | We'll start with a simple one. |
| 1:06.1 | How on earth do you navigate the next 24 hours for this market? |
| 1:11.4 | I think with no great certainty. we don't know who's going to win the election |
| 1:15.8 | I think that it looks likely that Biden will win not clear that the Democrats will |
| 1:20.5 | take the Senate and what's even less clear is what the market's |
| 1:24.0 | immediate reaction will be so you know I'm still of the mindset that there are |
| 1:28.4 | certain things that seem to be happening globally there is a cyclical rebound in enjoyable goods led by the US and Asia and |
| 1:36.7 | I think that will continue whoever wins the White House and pretty much everything |
... |
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