Weak Jobs & Inflation Jitters
Bloomberg Surveillance
Bloomberg
3.8 • 1.2K Ratings
🗓️ 6 March 2026
⏱️ 44 minutes
🧾️ Download transcript
Summary
The latest in finance, economics and investment.
Watch Tom and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.
Bloomberg Surveillance hosted by Tom Keene & Paul Sweeney
Friday, March 6th, 2026
Featuring:
1) Claudia Sahm, Chief Economist at New Century Advisors, and Nadia Lovell, Head of Global Equity Strategy at UBS Global Wealth Management, react to the February jobs report.
2) Eric Van Nostrand, Chief Investment Officer at Lazard Asset Management, assesses how geopolitical risk is weighing on markets.
3) Kevin Gordon, Head of Macro Research and Strategy at Schwab Center for Financial Research, on the importance of the ‘front page risk vs. bottom line risk’ framework.
4) Brian Gardner, Chief Washington Policy Strategist at Stifel, reacts to Congress striking down the Iran war powers measure.
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Transcript
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| 0:00.0 | When the rest of the markets slow down, the futures market keeps moving. |
| 0:04.9 | Did you know that CME Group S&P 500 and NASDAQ 100 futures trade nearly 24 hours with great liquidity? |
| 0:12.0 | In the ETF markets, volume and liquidity lessens after 4pm until the next morning. |
| 0:17.1 | But with futures, you get trading opportunities both day and night. |
| 0:21.1 | Learn more at CMEgroup.com slash equity futures. |
| 0:28.3 | Bloomberg Audio Studios, podcasts, radio news. |
| 0:40.7 | This is the Bloomberg Surveillance Podcast. |
| 0:47.9 | Catch us live weekdays at 7 a.m. Eastern on Apple CarPlay or Android Auto with the Bloomberg business app. |
| 0:52.9 | Listen on demand wherever you get your podcasts or watch us live on YouTube. |
| 0:57.4 | Joining us now, someone never will have an encore career. |
| 1:00.3 | Claudia Somm is the anchor to our jobs day. |
| 1:02.8 | We're honored she could be with this. |
| 1:08.4 | In the revisions coming up here, Claudia, how aging is our population? |
| 1:16.4 | So, I mean, it's an ongoing process. I mean, baby boomers who have moved into prime retirement and, you know, the demographics on on the aging side move very slowly. The demographics |
| 1:23.1 | that have been moving very quickly have been on the immigration side. Like, that's really |
| 1:26.6 | what's been pulling, say, the payroll numbers around. But aging is happening, and that that is a, that's a |
| 1:32.3 | reality that's, you know, marching along, right, with these every month of data weekend. |
| 1:36.5 | You know, Claudia, every time we talk about the labor market, what we now also have to |
| 1:41.7 | incorporate into that discussion is AI. |
| 1:49.4 | Quite simply, is AI a net creator of jobs or net destroyer of jobs? |
| 1:51.6 | What's your view at this early, early stage? |
| 1:54.6 | So we're at a very early stage. |
... |
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