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Bloomberg Surveillance

Surveillance: Speculative Bubble With Cooperman

Bloomberg Surveillance

Bloomberg

News, Business, Business News, Investing

3.81.2K Ratings

🗓️ 24 August 2020

⏱️ 36 minutes

🧾️ Download transcript

Summary

Leon Cooperman, Omega Family Office Chairman and CEO, says the Fed has created a speculative bubble. Ian Bremmer, Eurasia Group President, examines foreign policy differences between President Donald Trump and Democratic Presidential Nominee Joe Biden. Amrita Sen, Energy Aspects Chief Oil Analyst, says the storms heading toward the Gulf Coast are not going to move the needle when it comes to the sheer volume of oil inventory we need to run down. Ann Miletti, Wells Fargo Asset Management Head of Active Equity, says the market may be telling us that a tectonic shift is happening in our economy at a pace that we haven’t seen before.

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Transcript

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0:00.0

On December 4th and 5th, against the backdrop of the United Nations Climate Change Conference,

0:05.2

Bloomberg Green will convene the foremost leaders in business, finance, policy, academia,

0:10.3

and NGOs for candid conversations focused on creating solutions to support

0:14.9

the goals set forth at COP28. Join our community of global influencers and

0:19.5

problem solvers in Dubai to build connections, inspire innovation and challenge the status quo in the

0:25.1

battle against climate change. Register at Bloomberg Live. I'm Tom Keene.

0:43.5

Daily, 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, Bloomberg.com, and of course on

0:56.2

the Bloomberg.

0:57.2

Right now our interview of the day without question on the future of Global Wall Street.

1:03.0

He was the first kid in his family to go to college.

1:06.0

He ended up landing at Xerox,

1:08.0

went on to Columbia University with the usual MBA,

1:12.0

and landed at a small investment shop a million years ago and there he built their

1:18.6

Investment research department the I I winner for I believe it was nine even 10 years in row

1:24.7

Leon Cooperman joins us this could be a four hour conversation. We don't have that so let's get to it with the gentleman from

1:32.4

Omega Leon I want to talk right So let's get to it with a gentleman from Omega.

1:33.3

Leon, I want to talk right now about the future of Goldman Sachs.

1:38.2

You have a beloved relationship with it.

1:40.5

You and I've talked about this many times before I guess they're trying to be a

...

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