Surveillance: The Foothills Of A Cold War With Baucus
Bloomberg Surveillance
Bloomberg
3.8 • 1.2K Ratings
🗓️ 21 November 2019
⏱️ 35 minutes
🧾️ Download transcript
Summary
Laurence Boone, OECD Chief Economist, expects growth to remain stuck for the next two years due to trade uncertainty. Joe Quinlan, Head of CIO Market Strategy for Merrill and Bank of America Private Bank, says Europe is looking "less bad" as global markets continue to bottom out. Lale Topcuoglu, JOHCM (USA) Inc. Senior Fund Manager, believes there is no such thing as cash on the sidelines. Kathy Jones, Charles Schwab Chief Fixed Income Strategist, says yields are not that attractive to take on duration risks. And Max Baucus, Former U.S. Ambassador to China, says President Xi is clearly nationalistic.
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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. |
| 0:57.4 | I'm really pleased to say that joining us now on the phone from Paris at the OECD |
| 1:02.0 | headquarters is Lawrence Boone, |
| 1:03.4 | OECD Chief Economist. |
| 1:05.6 | Lawrence, great to have you with us. |
| 1:07.0 | You're just out with your year ahead, trimming the outlook, but seeing a much bigger |
| 1:10.8 | problem potentially brewing for the decade ahead. |
| 1:14.0 | Just walk us through what you're seeing. |
| 1:16.0 | So that's true with actually projecting growth to remain stuck at 2.93% for the next two years and that's mostly due to all the uncertainty related to the |
| 1:28.0 | threat tensions but also to China, economic slowdown and much beyond that geopolitical and political |
| 1:35.3 | economy uncertainty. |
| 1:36.7 | Lawrence, how do you make a year ahead call? |
... |
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