Surveillance: This Is A Sustainable Cycle, Mulvaney Says
Bloomberg Surveillance
Bloomberg
3.8 • 1.2K Ratings
🗓️ 26 October 2018
⏱️ 41 minutes
🧾️ Download transcript
Summary
John Ryding, RDQ Economics Chief Economist & Founding Partner, does not think the Fed should stop hiking. Robert Kaplan, Dallas Fed President & CEO, tells Michael McKee, Bloomberg International Economics & Politics Correspondent, that the current market volatility is typical. Nancy Cordes, CBS News Chief Congressional Correspondent, updates us the Senate race in Texas. And Mick Mulvaney, U.S. Office of Management & Budget Director, says the White House expected the low inflation numbers we saw today.
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Transcript
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| 0:00.0 | Osage County, Oklahoma is getting a lot of attention right now. |
| 0:04.4 | It's the setting of Martin Scorsese's latest film, |
| 0:07.8 | Killers of the Flower Moon. |
| 0:10.0 | The movies based on a book about the 1920s Osage murders, |
| 0:14.1 | when white men poured into Osage County |
| 0:16.4 | and killed Osage people for their oil wealth. |
| 0:20.1 | I'm Rachel Adams Heard, the host of InTrust, a podcast from Bloomberg and I Heart Media. |
| 0:26.8 | For over a year I was reporting a different story about other ways white people got |
| 0:32.1 | Osage, land, land and wealth and how a prominent ranching family in Osage County became one of the biggest landowners here. |
| 0:40.0 | Their ranching empire was built on land that at the turn of the century was all owned by the Osage Nation. |
| 0:47.0 | So how did they get it? |
| 0:49.0 | Listen to the award-winning podcast, Trust on the I Heart Radio app Apple |
| 0:55.3 | Podcast or wherever you Bloomberg surveillance podcast. I'm Tom Keene. |
| 1:13.5 | Daily, we bring you insight from the best |
| 1:15.9 | in economics, finance, investment, |
| 1:18.1 | and international relations. |
| 1:19.8 | Find Bloomberg Surveillance on Apple Podcasts, SoundCloud, Bloomberg.com, and of course, on the Bloomberg. Dropping by the studio in New York City I'm pleased to say is John |
| 1:34.8 | Rydick, RDQ Economics Chief Economist and Founding Partner. Good morning to |
| 1:38.8 | John 830, that GDP print comes. What's the guide? |
| 1:43.0 | Well, our view is this number is going to come in around 3.5%, but I think the thing the number to focus on within the report |
| 1:50.0 | is how strong the capital spending numbers are, and that is going to be the driver |
| 1:55.3 | as we go forward. |
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