Surveillance: Speedy Stimulus Needed, Says Bernstein
Bloomberg Surveillance
Bloomberg
3.8 • 1.2K Ratings
🗓️ 20 November 2020
⏱️ 32 minutes
🧾️ Download transcript
Summary
Jared Bernstein, Center on Budget and Policy Priorities Senior Fellow and member of Joe Biden's Presidential Transition Team, says delays in the transition process are coming at great cost to public health and the economy. Dr. David Reich, President of The Mount Sinai Hospital and Mount Sinai Queens, says the second wave in New York is a less severe surge than the first wave. Anna Han, Wells Fargo Securities Equity Strategist, says there will be pedestrian growth in 2021 in the U.S. as equity volatility remains elevated. Torsten Slok, Apollo Management Chief Economist, says the dynamism of the U.S. economy is not being impacted despite facing Covid-19 headwinds.
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| 0:00.0 | On December 4th and 5th, against the backdrop of the United Nations Climate Change Conference, |
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| 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 the |
| 0:56.4 | Bloomberg. What we like to do with surveillance is not talk to the fancy people, |
| 1:00.4 | old opponents, pund, penetrating more pundits. |
| 1:03.2 | We like to talk to the people that they read and they listen to. |
| 1:06.9 | One of those is Jared Bernstein and his steam career |
| 1:09.7 | at the Center on Budget and Policy Priorities and a senator from Delaware a few years ago |
| 1:14.7 | discovered this and said Dr Bernstein joined the team. |
| 1:18.1 | Jared Bernstein part of the transition team for the President-elect. |
| 1:22.4 | Jared, I know we need to break some news here and I do want team for the president-elect. |
| 1:22.5 | Jared, I know we need to break some news here, |
| 1:24.4 | and I do want to know who the Secretary Treasury is going to be, |
| 1:27.3 | but I really want to go to transition Manusha. |
| 1:30.1 | You are lined up, I think, to walk champ and major. |
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