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Bloomberg Surveillance

Surveillance: Transition Period with Zelter

Bloomberg Surveillance

Bloomberg

Business News, News, Investing, Business

3.81.2K Ratings

🗓️ 18 April 2023

⏱️ 43 minutes

🧾️ Download transcript

Summary

Jim Zelter, Apollo Asset Management Co-President, says we're in a "transition period" as markets face a higher cost of capital in debt financing. Dan Greenhaus, Solus Alternative Asset Management Chief Strategist, doesn't think we're close to a recession. Kathy Bostjancic, Nationwide Chief Economist, says consumers are still feeling the weight of high inflation. David Konrad, KBW Large Cap US Bank Equity Research Analyst, discusses US bank earnings. Carl Weinberg, High Frequency Economics Chief Economist and Managing Director, says China's 1Q GDP print is an "abysmal result." Get the Bloomberg Surveillance newsletter, delivered every weekday. Sign up now: https://www.bloomberg.com/account/newsletters/surveillance 

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Transcript

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0:00.0

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0:05.0

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0:10.0

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0:24.0

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0:30.0

Are you rich? That's a good question.

0:33.0

Is it about what you have in the bank or your 401k?

0:36.0

Should you buy a place where you live or hold off?

0:39.0

And if you build, could sand shortages in Singapore impact prices in Connecticut?

0:44.0

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0:47.0

Our coverage looks at wealth from every angle so you can make smarter decisions.

0:51.0

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0:54.0

who has it, who's making it, and how you should think about yours.

0:57.0

Learn more at Bloomberg.com slash wealth.

1:28.0

And the Bloomberg business app.

1:30.0

Jim Zelter with us is just trying to walk out of the room

1:33.0

called President Apollo credit card management.

1:36.0

He joins us now with decades of experience.

1:38.0

In fact, I'm John, why don't you bring in a gentleman with an overview of this crisis

1:43.0

or non-crisis that we're in right now?

...

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