Trump Policy Proposals and Market Impacts
Bloomberg Surveillance
Bloomberg
3.8 • 1.2K Ratings
🗓️ 20 February 2025
⏱️ 47 minutes
🧾️ Download transcript
Summary
Watch Tom and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.
Bloomberg Surveillance hosted by Tom Keene & Paul SweeneyFebruary 20th, 2025
Featuring:
- Jason Furman, Professor of the Practice of Economic Policy at Harvard, discusses his Foreign Affairs column on the economic policy shortcomings of the Biden administration
- Libby Cantrill, Managing Director: Public Policy at PIMCO, on how a budget fight in Congress could impact markets as well as President Trump's recent policy proposals
- David Sowerby, Managing Director and PM at Ancora, offers his stock picks and talks about the sustainability of the equity rally
- Wendy Schiller, professor at Brown University, on the slew of political headlines this week and uncertainty surrounding America's Ukraine policy
See omnystudio.com/listener for privacy information.
Transcript
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| 0:19.4 | Bloomberg Audio Studios |
| 0:21.1 | Podcasts Radio News |
| 0:24.0 | This is the Bloomberg Surveillance Podcasts |
| 0:30.6 | Podcasts. |
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| 0:44.2 | Jason Furman has committed himself to policy. There are a few others equivalent to him, |
| 0:49.0 | both Republican and Democrat. He's associated with Democratic politics, but he's, I think, been ecumenical to use a |
| 0:56.0 | word that Professor Furman uses a lot. Paul, one of the key things with Jason Furman is he was |
| 1:01.4 | voted most handsome freshman on his dorm at Harvard. He beat out his roommate just by a little bit. |
| 1:09.4 | That would have been Matt Damon from a few years ago. |
| 1:12.9 | Jason, thank you so much for joining us this morning. You're in Act 10, and you have to teach |
| 1:19.9 | ambiguity, microeconomic ambiguity, and I can go this way and that. What I didn't hear from the |
| 1:26.3 | Secretary of Treasury is a risk of a real |
| 1:29.3 | or nominal GDP slowdown with all the policy upset the nation faces right now. Do you see that |
| 1:37.3 | we could have a lessening of real GDP or the animal spirit of nominal GDP? |
| 1:43.3 | Yeah, well, right now the level of uncertainty is just incredibly high. |
| 1:50.0 | That is definitely a minus for the economy. |
... |
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