Wraith: sterling's slide can have benefits

Bloomberg Surveillance

Bloomberg

News, Business, Business News, Investing

3.8 • 1.2K Ratings

🗓️ 25 February 2016

⏱️ 13 minutes

🔗️ Recording | iTunes | RSS

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Wraith: sterling’s slide can have benefits

Transcript

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0:00.0	Business stories aren't just about business. They're also about policy, politics, finance, and more.
0:06.5	With Bloomberg, you stay informed on global coverage that connects the dots.
0:10.5	The Bloomberg mobile app now features Apple Car Play and Android Auto so you can get the latest live radio,
0:16.7	podcasts and audio articles in the car. Download the Bloomberg Mobile App now to get started.
0:22.0	Find it in the Apple App Store or on Google Play.
0:24.7	Bloomberg in-car apps are sponsored by interactive brokers. This is bluebird surveillance.
0:35.0	We're in trouble with these super low rates.
0:38.0	We are causing financial instability.
0:41.0	We're causing risk-taking.
0:43.6	The world has a golden opportunity at the moment to achieve what I call a deflationary
0:49.0	rebalancing.
0:50.0	I'm calling the profit recession.
0:51.4	Yes, and remember remember not all profit
0:53.9	recessions proceed actual recession.
0:56.2	Bloomberg surveillance your link to the world of economics, finance and
1:00.6	investment on Bloomberg Radio.
1:03.0	Good morning everyone.
1:03.8	Bloomberg surveillance, Michael McKee and Tom Key.
1:06.3	We are in New York.
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1:10.9	and of course across this great nation.
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	...

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