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Bloomberg Surveillance

Surveillance: U.S. Consumer Is In Very Good Shape, Gayeski Says

Bloomberg Surveillance

Bloomberg

Investing, Business News, News, Business

3.81.2K Ratings

🗓️ 30 August 2018

⏱️ 36 minutes

🧾️ Download transcript

Summary

Harm Bandholz, Unicredit Bank Chief U.S. Economist, thinks Stanley Fischer will be hard to replace but Richard Clarida is a great pick for Fed Vice Chair. Troy Gayeski, Skybridge Partner & Portfolio Manager, says the U.S. consumer is in very good shape right now. Dennis Gartman, The Gartman Letter Editor & Publisher, says he'd rather own wheat than any other soft commodity. And Miriam Sapiro, Sard Verbinnen's SVC Public Affairs Managing Director & Vice Chairman, says trade negotiations require a holistic approach from several government agencies. 

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Transcript

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0:00.0

When you get your news from Bloomberg, you don't just get the story. You get the story behind the story.

0:07.0

How your Evie's battery may not be as green as it seems.

0:11.0

Why a decrease in global birth rates could send countries scrambling to increase immigration.

0:16.2

You get context.

0:17.6

And context changes how you see things, how you change things, because context changes everything. Go to Bloomberg

0:24.6

dot com to get context. Welcome to the Bloomberg surveillance podcast. I'm Tom Keene.

0:43.5

Daily, we bring you insight from the best in economics, finance, investment, and international

0:48.9

relations.

0:49.9

Find Bloomberg Surveillance on Apple Podcasts, SoundCloud, Bloomberg.com, and of course,

0:56.2

on the Bloomberg. Harm bundles with us and I want to rip up the script harm and I really want to go back to

1:06.5

first first fed principles here with Richard Clarita a wonderful supporter of my work.

1:12.6

Over the years, I've done panels with Dr. Clarita

1:15.4

around the world, and of course,

1:17.0

he's been a timeless guest with us,

1:19.2

with Columbia University and with PIMCO,

1:22.4

and he is a newly minted vice chairman of the Fed.

1:25.6

Let's begin with these taking Stan Fisher spot

1:28.5

from where you said,

1:29.7

what's the difference between Stan Fisher economics and Richard Clarita economics?

1:35.0

Well, first of all, Stan Fisher is hard to replace just as a personality and given his vast experience that he has.

1:44.0

That said, I mean, we, I think most observers in the markets and in academia agree that

1:50.0

Rich Clara is a great candidate to become the Vice Chair at the Fed.

...

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