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Bloomberg Surveillance

Trump 'Wounds' Are Self-Inflicted, Valliere Says

Bloomberg Surveillance

Bloomberg

Investing, Business News, News, Business

3.81.2K Ratings

🗓️ 10 July 2017

⏱️ 59 minutes

🧾️ Download transcript

Summary

Greg Valliere, Horizon Investments' chief global strategist, says Trump's "wounds" are self-inflicted by his sensitivity to criticism and inability to let the Russia story go. Prior to that, Carl Weinberg, High Frequency Economics' chief economist, says Europe inflation is under  target. Jim Barry, BlackRock's head of real assets, says the U.S. has underinvested in infrastructure for 30 to 40 years. Finally, Robert Hormats, vice chairman of Kissinger Associates, says a well-functioning global economy would make America great again.

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Transcript

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0:00.0

Welcome to Crash Course, a podcast about business, political, and social disruption and what we can learn from it.

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I'm Tim O'Brien. Every week on Crash Course, I'm going to bring listeners directly into the arenas where epic upheavals occur and

0:15.5

I'm going to explore the lessons we can learn when creativity and ambition collide

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with competition and power. Listen to Crash Course every Tuesday. collide with

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crash course every Tuesday on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts.

0:30.3

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Discover opportunities in a transforming world, B of A.M.com. slash VR. Merrill Lynch, M.L.com slash VR, Merrill Lynch, Pierce, Fenner, and Smith, Incorporated. Welcome to the Bloomberg Surveillance Podcast. I'm Tom Keene with David Gura. Daily we bring you insight from the best of economics.

1:05.0

Finance investment and international relations.

1:08.0

Find Bloomberg surveillance on Apple Podcasts, SoundCloud, Bloomberg.com, and of course on the Bloomberg.

1:19.4

We start the morning off with a surveillance correction. It is not Tom Keen and David

1:23.9

Gura. It's Tom Kean and me Michael McKee sitting in for it David

1:27.1

Gura. He'll be out in Sun Valley later this week. Poor guy. We'll hear from him I'm sure.

1:34.0

He'll be talking to the CEOs out there who are gathering for the annual meeting in Sun Valley

1:40.5

and that will be quite interesting but the rest of us have to get

1:43.9

through the week and get through the summer and for those of you listening to us

1:47.6

on Bloomberg 1130 in New York on your way into Penn Station our deepest sympathies.

1:54.1

It all starts today the summer of hell as the Governor of New York puts it as they rebuild the

1:59.2

track in and out of Penn Station.

2:01.0

So try to relax, listen to Tom and I, and we will have a better week, I'm sure,

2:07.0

for doing. John Tucker's laughing.

2:09.0

Trying to relax by listening to you.

2:12.0

Well, anyway, we're going to do our best to try to keep you

...

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