Surveillance: Recession Likelihood with Bandholz & Kiesel
Bloomberg Surveillance
Bloomberg
3.8 • 1.2K Ratings
🗓️ 10 January 2019
⏱️ 31 minutes
🧾️ Download transcript
Summary
Mark Kiesel, PIMCO CIO of Credit, thinks markets have overestimated the likelihood of a recession while Harm Bandholz, Unicredit Bank Chief U.S. Economist thinks the U.S. could see a recession in 2020. Miranda Carr, Haitong International Senior Macro Strategist & Senior Analyst, doesn't see China's latest inflation numbers as reflective of a huge slump in all of its upstream pricing. Chris Bryant, Bloomberg Opinion Industrials Columnist, believes recent cuts at Ford & Jaguar Land Rover are just the start for the automotive industry.
See omnystudio.com/listener for privacy information.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Business stories aren't just about business. They're also about policy, politics, finance, and more. |
| 0:06.5 | With Bloomberg, you stay informed on global coverage that connects the dots. |
| 0:10.5 | The Bloomberg mobile app now features Apple Car Play and Android Auto so you can get the latest live radio, |
| 0:16.7 | podcasts and audio articles in the car. Download the Bloomberg Mobile App now to get started. |
| 0:22.0 | Find it in the Apple App Store or on Google Play. |
| 0:24.7 | Bloomberg in-car apps are sponsored by interactive brokers. 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. With Chairman Powell |
| 1:05.0 | Powell back in a spotlight later today when he speaks at the Economic Club of Washington, |
| 1:09.2 | D.C. with more and more Fed officials expressing a willingness to do nothing until the uncertainty |
| 1:15.2 | clears. |
| 1:16.2 | It's been a major topic in this market over the last week or so. |
| 1:19.4 | Mark Kiesel dropping by our studio here in New York, Pimco, CIO of Credit. Good morning to Mark. |
| 1:25.0 | So let's talk about your big theme for the year ahead, the global economy sinking lower. |
| 1:30.6 | Let's start by having a discussion about how policy makers worldwide are going to respond to that. |
| 1:35.0 | So I think we're setting up for growth to slow. |
| 1:38.0 | We benefited significantly from the tax cuts in 2018 US growth 3% real GDP. |
| 1:46.0 | We think gross could have slowed a 2 to 2.5%. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Bloomberg, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Bloomberg and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.