Surveillance: Wall St. and Main St. Brace for Recession (Podcast)
Bloomberg Surveillance
Bloomberg
3.8 • 1.2K Ratings
🗓️ 15 July 2022
⏱️ 27 minutes
🧾️ Download transcript
Summary
Chris Marangi, Gabelli Funds Co-Chief Investment Officer, sees signs of stress on Main Street. Claudia Sahm, Sahm Consulting Founder & Former Federal Reserve Economist, explains why a "job-full" recession may be ahead. Tom Michaud, KBW CEO, discusses the state of American banking as Wells Fargo reports second-quarter earnings. Vince Reinhart, Dreyfus & Mellon Chief Economist, says the US Treasury market is less liquid than it was in 1998, calling it part of the consequence of QE.
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| 0:00.0 | Is inflation finally on the retreat? Can labor markets withstand an economic slowdown and demographic |
| 0:05.9 | headwinds? Will the tense geopolitical climate ease or escalate? This is the Outthinking |
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| 1:05.0 | Welcome to the Bloomberg's surveillance podcast I'm Tom Keane, |
| 1:08.7 | along with Jonathan Ferrell and Lisa Abramowitz. |
| 1:12.0 | Daily we bring you insight from the best and economics finance investment |
| 1:17.0 | and international relations find Bloomberg's surveillance on Apple Podcasts |
| 1:21.8 | SoundCloud, Bloomberg.com, and of course on the Bloomberg Terminal. |
| 1:29.9 | Chris Morangi joins us right now at Kossi Hiyau at Cabelli Funds and we do this with a |
| 1:33.8 | broader sweep of Lisa and I getting to the evening in Wall Street Week. |
| 1:37.5 | Chris Morangi, I want you to help us frame your investment thesis, the courage right now, |
| 1:43.8 | to invest for 2024. How do you do that? How do you develop a two or even three year perspective? |
| 1:52.7 | Well thanks Tom. Yeah that's exactly what we're looking at. We're trying to look out three to five |
| 1:56.7 | years. One of the good industries, one of the good companies in those industries. How bad is |
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