Surveillance: Trade Wars Are Scaring People, Stringham Says
Bloomberg Surveillance
Bloomberg
3.8 • 1.2K Ratings
🗓️ 26 December 2018
⏱️ 46 minutes
🧾️ Download transcript
Summary
Edward Stringham, President of the American Institute for Economic Research, doesn't buy that the Fed is responsible for all the problems of the economy. Ivan Feinseth, Tigress Financial CIO, says now is the time to take advantage of the post-Christmas sale on Wall Street. Brian Egger, Bloomberg Senior Gaming & Lodging Analyst, thinks we are only in the early innings of the sports betting legalization process. Dana Telsey, Telsey Advisory Group CEO, says the combination of online and brick-and-mortar is powerful for retailers.
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Transcript
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| 0:00.0 | Business stories aren't just about business. They're also about policy, politics, finance, and more. |
| 0:06.5 | With Bloomberg, you stay informed on global coverage that connects the dots. |
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| 0:22.0 | Find it in the Apple App Store or on Google Play. |
| 0:24.7 | Bloomberg in-car apps are sponsored by interactive brokers. Welcome to the Bloomberg Surveillance Podcast, I'm Tom Keene. |
| 0:40.0 | Daily, we bring you inside. Welcome to the Bloomberg Surveillance Podcast. I'm Tom Keene. |
| 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 Bloomberg. And now to give us a little bit of perspective when we see that the |
| 1:08.3 | S&P 500 is down 12% for the year, the NASDAQ down 10%. |
| 1:13.6 | The Dow Jones industrial average |
| 1:15.1 | posting a decline of 11.5%. |
| 1:17.8 | We went looking under the tree for someone who is optimistic. |
| 1:21.6 | And luckily, we didn't have to go very far |
| 1:23.8 | Edward Stringham joins us now here in our studios he is the president of the American |
| 1:28.6 | Institute for Economic Research Edward Stringham Merry post Christmas and happy boxing day to you. |
| 1:35.0 | I'm so glad that you're here because you are optimistic about the global economy in 2019 give us some reasons why we should put the humbug |
| 1:47.4 | aside so I would say potentially okay potentially we got a little hope potentially. Okay, potentially. |
| 1:53.0 | We got to live with a little hope. |
| 1:55.0 | There's a joke in the Soviet Union. |
... |
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