Surveillance: Trade Talks Are Unpredictable, Hewson Says
Bloomberg Surveillance
Bloomberg
3.8 • 1.2K Ratings
🗓️ 5 June 2019
⏱️ 31 minutes
🧾️ Download transcript
Summary
David Page, AXA Investment Managers U.S. & U.K. Senior Economist, says there is a small risk of a Fed cut in two weeks. Stephanie Baker, Bloomberg News Senior Writer, updates us on trade negotiations between the U.S. and Mexico. Victoria Hewson, Institute of Economic Affairs Senior Counsel, International Trade and Competition Unit, says President Trump is using powers not related to day-to-day trade policy. Jim Caron, Fixed-Income Portfolio Manager at Morgan Stanley Investment Management, discusses his latest note, "What is the Rates Market Telling Us." And David Rubenstein, The Carlyle Group Co-Founder & Co-Executive Chairman, previews his upcoming episode of "Peer to Peer Conversations" with Melinda Gates.
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Transcript
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| 0:00.0 | Join us in New York on November 29th for the Bloomberg Canadian Finance Conference, |
| 0:04.6 | proudly sponsored by National Bank of Canada Financial Markets. |
| 0:07.8 | 2023 marks the 11 year anniversary of our Canada focused event and continues the tradition of providing timely |
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| 0:26.0 | Register at Bloomberg Live.com I'm Tom Keene. |
| 0:43.5 | Daily, we bring you insight from the best |
| 0:45.9 | in economics, finance, investment, and international relations. |
| 0:49.9 | Find Bloomberg Surveillance on Apple Podcasts, SoundCloud, Bloomberg.com, and of course, |
| 0:56.1 | on the Bloomberg. |
| 0:59.2 | To start the conversation right there, let's bring in David Page, shall we, Acca Investment Managers, US and a UK senior economist. |
| 1:06.0 | Good day to you David, good to see you. |
| 1:07.8 | So let's start with the Federal Reserve's quote, shall we? |
| 1:09.6 | We'll take it from there. |
| 1:10.9 | We are closely monitoring the implications of these developments for the |
| 1:14.8 | U.S. Economic Outlook and as always we will act as appropriate to sustain the expansion |
| 1:19.2 | with a strong labor market and inflation near us symmetric 2% objective markets off to the races my first |
| 1:25.6 | thought is anything new here David yeah now I think it's interesting that the |
| 1:30.1 | markets have reacted to that one paragraph in Powell's speech. |
| 1:34.0 | But if, you know, that paragraph, that talk of expand or continuing the expansion is exactly |
| 1:39.6 | how he started the May press conference. |
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