Surveillance: The Market Moves In Mysterious Ways, Krueger Says
Bloomberg Surveillance
Bloomberg
3.8 • 1.2K Ratings
🗓️ 7 December 2018
⏱️ 31 minutes
🧾️ Download transcript
Summary
Alan Krueger, Princeton University Professor of Economics, says markets are reacting to the end of the sugar high. James Glassman, JPMorgan Chase Commercial Banking Head Economist, thinks the Fed is more cautious as we near neutral. Michael Darda, MKM Partners Chief Economist & Chief Market Strategist, says the Fed should be focused on the nominal economy. Margaret Brennan, CBS Face the Nation Host, discusses who may be the next candidate for White House Chief of Staff.
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| 0:43.5 | Daily, we bring you insight from the best |
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| 0:57.0 | Looking forward to this conversation as I do every single payrolls Friday |
| 1:07.0 | Alan Kruger Princeton's very own and one of the finest labor market economists on the planet |
| 1:11.2 | Alan you would never say that about yourself, so I'll say it for you. |
| 1:13.6 | Good morning. |
| 1:14.6 | Good morning, John. |
| 1:16.0 | How is the labor market? |
| 1:17.4 | Chairman Powell says it's very strong. |
| 1:19.4 | Is that your conclusion? |
| 1:20.7 | I see it the same way. The indicators are quite robust for the job market. |
| 1:26.0 | ADP report was strong. I suspect we'll get another strong job market report this morning. |
| 1:31.0 | Payroll's growth is strong. Wage growth is starting to |
... |
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