Trump's Conviction and PCE Reaction
Bloomberg Surveillance
Bloomberg
3.8 • 1.2K Ratings
🗓️ 31 May 2024
⏱️ 28 minutes
🧾️ Download transcript
Summary
Watch Tom and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.
Bloomberg Surveillance hosted by Tom Keene and Paul SweeneyMay 31st, 2024
Featuring:
- Neil Dutta, Head: US Economic Research at Partner at Renaissance Macro Research, reacts to PCE data with JPMorgan's Bob Michele
- Frances Donald, Manulife Investment Management Chief Economist, gives her take on PCE
- Nick Akerman, former Watergate assistant special prosecutor, on legal ramifications for Trump and whether he will go to prison
- Jason Furman, professor at Harvard University, on inflation and eco policy
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Transcript
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| 0:00.0 | Bloomberg Audio Studios. |
| 0:04.2 | Podcasts, Radio News. |
| 0:07.0 | This is the Bloomberg Surveillance Podcast. |
| 0:14.0 | I'm Tom Keene along with Paul Sweeney. |
| 0:16.0 | Join us each day for insight from the best in economics finance investment |
| 0:21.0 | and international relations. You can also watch the show live on YouTube. |
| 0:26.0 | Visit the Bloomberg Podcast channel on YouTube to see the show, |
| 0:30.8 | weekday mornings from 7 to 10 a.m. Eastern from our global |
| 0:34.2 | headquarters in New York City. |
| 0:36.1 | Subscribe to the podcast on Apple, Spotify, or anywhere else you listen and |
| 0:40.9 | always on Bloomberg Radio, the Bloomberg Terminal and the Bloomberg Business |
| 0:45.8 | App. |
| 0:46.8 | Now joining us, Neil Dota Renaissance Macro for too short a visit. |
| 0:51.3 | Neil, do you still keep a constructive view on the American economic experiment? |
| 0:58.4 | Well, that's a great question, Tom. I do think trade-offs are getting a little bit more |
| 1:03.9 | challenging here for the Fed. You know, my view is that inflation is likely to |
| 1:10.3 | moderate over the next several quarters. |
| 1:13.0 | Okay? |
| 1:14.0 | And if the Fed is skittish about recalibrating policy given the coming slowing in inflation, |
| 1:21.0 | then that would make me a little bit more concerned about the economic |
| 1:25.7 | outlook. |
| 1:26.7 | So that's kind of where I'm at. |
... |
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