Surveillance: Tchir Warns of Market Complacency
Bloomberg Surveillance
Bloomberg
3.8 • 1.2K Ratings
🗓️ 11 November 2020
⏱️ 29 minutes
🧾️ Download transcript
Summary
Peter Tchir, Academy Securities Head of Macro Strategy, warns markets seem a little bit complacent amid surging coronavirus cases and legal challenges to the U.S. election outcome. Lawrence Gostin, Georgetown University Professor, says the Trump administration has given up on dealing with the coronavirus and are waiting for a vaccine. Alicia Levine, BNY Mellon Investment Management Chief Strategist, says growth stocks will carry the market into 2021 with the S&P 500 positioned to power even higher. David Rubenstein, Carlyle Group Co-Chairman and Co-Founder & Host of "The David Rubenstein Show: Peer-to-Peer Conversations" discusses his interview with Wynton Marsalis, Jazz at Lincoln Center Managing and Artistic Director.
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| 0:50.0 | Learn more at Bloomberg New Economy.com. Welcome to the Bloomberg surveillance podcast. I'm Tom Keene. |
| 1:09.7 | Jaley, we bring you insight from the best in economics finance investment and |
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| 1:18.2 | podcasts soundcloud bloomberg dot com and of course on the bloomer joining us now is peter chair Bloomberg. market notes coming from Goldman roaring 20s coming from JP Morgan market |
| 1:34.7 | nirvana and here we are confronting two serious issues one a contested |
| 1:39.0 | election down in Washington DC which people are striking off and two |
| 1:42.3 | COVID is still a thing in America it's |
| 1:45.0 | becoming a bigger thing again Pete yeah it's definitely deteriorating and I can see |
| 1:50.7 | the point we started writing about a month ago that we could see the |
| 1:54.4 | economy doing much better by the end of 2021 than it even started at 2020 but I |
| 1:59.7 | think there's a lot to get through first we really need to know we're going to |
| 2:02.2 | get stimulus and not just |
| 2:03.7 | band-aid stimulus, but real infrastructure spending. And yes, we had some really positive news |
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