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Bloomberg Surveillance

Trade Deficits Are Not Bad, Citi's Mann Says

Bloomberg Surveillance

Bloomberg

Business News, News, Investing, Business

3.81.2K Ratings

🗓️ 27 March 2018

⏱️ 34 minutes

🧾️ Download transcript

Summary

Willem Buiter, Citi Special Economic Adviser, and Catherine Mann, Citi Global Chief Economist, discuss their new roles at Citi and their global outlook. Eric Schoenstein, Jensen Investment Management Portfolio Manager, says for the past couple of years, the market has been pretty complacent. Joe Weisenthal, Bloomberg TV Anchor, says in the oil market, everyone is still focused on U.S. supply.  Glenn Hubbard, Dean of Columbia Business School, says we should want people in the labor force and we need to do a better job of assuring that.

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Transcript

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0:00.0

The media alone can't ease the tensions that come from the debate surrounding the issues we deal with every day.

0:05.7

However, we can create spaces where people can freely kick the tires of their preconceived notions.

0:11.2

I'm Tim O'Brien, and I'm the senior executive editor at

0:13.8

Bloomberg Opinion. On our platform we ask tough questions and solve complex

0:18.1

problems with the facts in mind. Because context changes how you see things and

0:22.4

how you change things.

0:23.6

Context changes everything.

0:25.6

Start exploring our opinion coverage and more at Bloomberg.com slash subscribe. 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,

0:48.0

and international relations.

0:49.9

Find Bloomberg Surveillance on Apple Podcasts, SoundCloud,

0:53.8

Bloomberg.com, and of course, on the Bloomberg.

0:57.0

Joining us here in New York now truly two of the leading minds of the

1:07.2

field of economics formerly the chief economist for the OECD and now

1:11.2

city's new global chief economist, Catherine Mann, and alongside us also

1:16.6

a man that for Wall Street needs no introduction at Citi's Villam Bauter.

1:20.8

So Villam and Catherine, you have to help me out now. Who's in charge?

1:23.8

Who makes the call for Payrolls Friday? Is that you, Catherine?

1:27.3

I, it's above my pay grade. The payrolls are, absolutely.

1:32.0

Does Villam come in and make a suggestion of what the call should be for payrolls Friday?

1:35.8

Do you do the jobs guests over at city still villain? I don't get anywhere near it

1:39.6

We leave this to the American team

...

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