Trade Wars Not the Biggest 2018 Risk, Purves Says
Bloomberg Surveillance
Bloomberg
3.8 • 1.2K Ratings
🗓️ 14 May 2018
⏱️ 29 minutes
🧾️ Download transcript
Summary
Michael Purves, Weeden & Co. Chief Global Strategist & Head of Equity Derivatives, says you can't be dismissive of higher interest rates in the volatility story. Isaac Boltansky, Compass Point Senior VP & Policy Analyst, has noticed a lot of empty offices in D.C. government agencies. Steve Ricchiuto, Mizuho Securities Chief U.S. Economist, joins us to wrap sound from our interview with Cleveland Fed President Loretta Mester and discuss eco data. Jonathan Ferziger, Bloomberg Middle East Politics Reporter, reports from Israel on the the U.S. Embassy move from Tel Aviv to Jerusalem.
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Transcript
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| 0:00.0 | To me, context is about pattern recognition. |
| 0:02.8 | It's connecting the dots. |
| 0:04.4 | It's giving readers an ability to synthesize |
| 0:07.6 | a number of different perspectives |
| 0:09.2 | so they can understand how the greater whole works, |
| 0:12.0 | because nothing really occurs in isolation anymore. |
| 0:14.4 | I'm Tim O'Brien and I'm the senior executive editor at Bloomberg Opinion. |
| 0:18.0 | On our platform, we ask tough questions and solve complex problems with the facts in mind. |
| 0:23.0 | Start exploring our opinion coverage and more at Bloomberg.com slash subscribe. 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 |
| 0:56.4 | Bloomberg. |
| 0:57.0 | Joining us now is Michael Purvis, Weden and Co chief global strategist and head of equity derivatives. |
| 1:08.7 | Michael good morning to you sir. It doesn't sound like two countries gunning for a trade war does it? |
| 1:13.2 | Not at all. I mean it is a curious thing for Trump to be offering up if he wants to |
| 1:20.6 | you know reduce the trade war clouds and have them paid from the horizon. |
| 1:26.6 | I think just, you know, given how sensitive that that company has been from a national |
| 1:31.7 | security point of view, But certainly you know when you |
| 1:34.7 | see you know Minutron's going to be you know hanging out with the Vice Premier of China and |
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