Surveillance: Reworking Market Power with Stiglitz
Bloomberg Surveillance
Bloomberg
3.8 • 1.2K Ratings
🗓️ 20 October 2020
⏱️ 43 minutes
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Summary
Joseph Stiglitz, Nobel Laureate & Columbia University Professor, says the strong stock market is almost a sign that things aren't going well in other parts of our economy. Amy Wu Silverman, RBC Capital Markets Equity Derivatives Strategist, says markets are currently under-pricing the risk of a contested election. Isaac Boltansky, Compass Point Research Managing Director for Policy Research, says there are not many tools the government can use to breakup big tech. Jonathan Golub, Credit Suisse Chief U.S. Equity Strategist, says a small business and unemployment stimulus won't be reached until after the presidential election. Dr. Amesh Adalja, Johns Hopkins Center for Health Security Senior Scholar, says that the science behind Covid-19 matters, despite President Trump's rhetoric denouncing it.
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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 | Joining us now, someone who had to sit there with Student Yellen and straighten her out. |
| 1:01.4 | Joseph Stiglitz joins us the Nobel Laureate from |
| 1:04.3 | Columbia University. Joe Stiglitz what was Cheryl Yellin like as a student? |
| 1:08.4 | She was great. She was one of the best students I had. |
| 1:13.0 | She was one of my students in the very beginning of my teaching. |
| 1:17.0 | She looked up to her promise. |
| 1:19.0 | And I'll say the least. |
| 1:21.0 | Probably she taught you some things while she was your student as well |
| 1:23.8 | she was that acclaimed without questions through all of her work. |
| 1:28.2 | Joe Stiglitz, I want to dovetail in you the political season with the economics at hand. |
| 1:33.6 | Joe Biden is a certain kind of Democrat. |
| 1:37.1 | If he takes the trophy, can the Democratic Party |
| 1:41.2 | find a middle ground, a common voice with the rest of America to |
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