Surveillance: Roubini Warns of Slow Recovery
Bloomberg Surveillance
Bloomberg
3.8 • 1.2K Ratings
🗓️ 21 August 2020
⏱️ 40 minutes
🧾️ Download transcript
Summary
Nouriel Roubini, NYU Stern School of Business Professor, warns the global economy faces a risk of a slow recovery or even another slump along the way unless a coronavirus vaccine is found. Jonathan Golub, Credit Suisse Chief U.S. Equity Strategist, the market is shrugging its shoulders about the next quarter of earnings. Liz Ann Sonders, Charles Schwab Chief Investment Strategist, says there is a significant divergence in terms of both behavioral and attitudinal measures of investor sentiment. Gene Munster, Loup Ventures Managing Partner, discusses Apple's $2 trillion milestone and Tesla's relentless rally.
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Transcript
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| 0:00.0 | Osage County, Oklahoma is getting a lot of attention right now. |
| 0:04.4 | It's the setting of Martin Scorsese's latest film, |
| 0:07.8 | Killers of the Flower Moon. |
| 0:10.0 | The movies based on a book about the 1920s Osage murders, |
| 0:14.1 | when white men poured into Osage County |
| 0:16.4 | and killed Osage people for their oil wealth. |
| 0:20.1 | I'm Rachel Adams Heard, the host of InTrust, a podcast from Bloomberg and I Heart Media. |
| 0:26.8 | For over a year I was reporting a different story about other ways white people got |
| 0:32.1 | Osage, land, land and wealth and how a prominent ranching family in Osage County became one of the biggest landowners here. |
| 0:40.0 | Their ranching empire was built on land that at the turn of the century was all owned by the Osage Nation. |
| 0:47.0 | So how did they get it? |
| 0:49.0 | Listen to the award-winning podcast, Trust on the I Heart Radio app Apple |
| 0:55.3 | Podcast or wherever you Bloomberg surveillance podcast. I'm Tom Keene. |
| 1:13.5 | Daily, we bring you insight from the best |
| 1:15.9 | in economics, finance, investment, |
| 1:18.1 | and international relations. |
| 1:19.8 | Find Bloomberg Surveillance on Apple Podcasts, SoundCloud, Bloomberg.com, and of course on |
| 1:26.2 | the Bloomberg. |
| 1:27.2 | Noel Rabini joins us now from New York University Stern School of Business and of course |
| 1:32.1 | of great acclaim at looking at crises. |
| 1:35.0 | Professor Rubini, wonderful to have you back with us. |
| 1:38.0 | You wrote in February or January of the white swans that are out there stealing that phrase from Nacim Talaeb as well. |
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