Turbulence Ahead in the Markets, Ward Says
Bloomberg Surveillance
Bloomberg
3.8 • 1.2K Ratings
🗓️ 12 December 2017
⏱️ 39 minutes
🧾️ Download transcript
Summary
Howard Ward, Gabelli Funds CIO of Growth Equities, says it's time to be prepared for turbulence in the equity markets. Terry Haines, Evercore ISI Political Analyst, says whoever wins the Alabama election, the tax bill will still go forward. Brian Reynolds, Canaccord Genuity Asset Class Strategist, says credit cycles always end and when they do, it's badly. Cameron and Tyler Winklevoss, Gemini Co-Founders, say the great thing about the bitcoin futures contract is that naysayers can now short it.
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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. |
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| 0:43.5 | Daily, we bring you insight from the best in economics, finance, investment, |
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| 0:57.8 | In the FX market, the Dollar Weeker |
| 1:00.1 | pretty much across the board in G10, |
| 1:02.1 | even against the pound, just a little bit, |
| 1:04.4 | Sterling on the front foot by a tenth of 1% at 1.3.50, as inflation in the UK comes in high than expected, |
| 1:11.6 | north of 3%, which means that Governor Carney has to write a letter |
| 1:16.6 | to the Chancellor about why he's missing his inflation target by so much. |
| 1:21.9 | Howard Ward joins us in a studio in New York of Gabelli Funds, the |
| 1:25.2 | CIO of Growth Equities. Can you imagine that Howard that you missed your target |
| 1:29.2 | and you've got to write a letter to your boss that is disclosed publicly as to why you haven't met it. |
| 1:34.0 | Yeah, I'm sure that's not a lot of fun, but I think it's a bit of a wake-up call regarding the |
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