meta_pixel
Tapesearch Logo
Log in
Viewsroom

Viewsroom: How to read the recession runes

Viewsroom

Reuters

News

4.458 Ratings

🗓️ 22 August 2019

⏱️ 21 minutes

🧾️ Download transcript

Summary

A U.S. downturn is near, judging by past early warning signals from yield curves to bank valuations. But fallout from the 2008 crisis has sapped them of some predictive power. Plus: what the exit of Cathay Pacific’s CEO says about Beijing’s response to the Hong Kong protests. See acast.com/privacy for privacy and opt-out information. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

AI is incredible. They can teach you how to fry an egg and even write a poem, pirate style.

0:07.0

But it knows nothing about your work. Slackbot is different. It doesn't just know the facts.

0:14.0

It knows your schedule. It can turn a brainstorm into a brief and it doesn't need to be taught.

0:20.0

Because Slackbot isn't just another

0:22.4

AI. It's AI that knows your work as well as you do. Visit Slack.com forward slash meet Slackbot

0:28.8

to learn more. The views expressed on this podcast are those of the participants, not of Rorges News.

0:40.2

You're listening to The Views Room, a podcast brought to you by the staff of breaking

0:43.7

views. I'm Jennifer Sabah, and with me is my co-host, Anthony Curry.

0:47.7

Hey, Anthony.

0:48.4

Hi, Jen.

0:49.0

A bit later in the program, our colleagues in Asia are going to take you through the business

0:52.9

ramifications of the Hong Kong protests,

0:55.7

most notably the departure of Cathay Pacific's CEO.

0:59.6

But before we pass the mic to Asia, we're going to discuss all those flashing warning signs that suggest a downturn is on the way.

1:06.3

We have with us in the studio, Richard Beals, to help us decipher what this could all mean. Hi, Richard.

1:11.9

Hi. All right. So let's first turn to the inverted yield curve. Well, this is when long-term yields fall

1:20.2

below short-term yields. Okay, so stop. Yes. Our head's already exploded. No, it really is, because I've

1:26.7

been reading a lot about this this and I still cannot really wrap

1:30.6

my head around, what does this mean?

1:33.0

Like, just take a step back.

1:35.0

What is the say about the economy?

1:37.2

If you lend somebody money, if you're a bank, you lend somebody money.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Reuters, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Reuters and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.