Business
Recession Fears | Bloomberg Surveillance 09/23/2022
Tom Keene, Jonathan Ferro and Lisa Abramowicz have the economy and the markets “under surveillance” as they cover the latest in finance, economics and investment, and talk with the leading voices shaping the conversation around world markets. This show is simulcast worldwide on Bloomberg Television and Radio. Recession fears grip markets, the UK has a new budget plan, and investors digest another rate hike from the Fed.
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Business
Former US Envoy Warns of broader Middle East Conflict
Former White House Middle East Coordinator Brett McGurk tells Bloomberg This Weekend that the deadly attack on Riyadh’s international airport underscores the growing threat from Iran-backed Houthi militants, while hardline leadership in Tehran complicates efforts to negotiate an end to the broader regional conflict. Speaking with hosts David Gura and Christina Ruffini, McGurk discusses his new book, Brink, which recounts negotiations to free the October 7 hostages, and warns that the Trump administration’s Russian diesel agreement could undermine efforts to end the war in Ukraine.
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Business
Fed Signals Fewer Rate Hikes, Aramco HQ Hit in Houthi Attack
“Bloomberg: The Asia Trade” brings you everything you need to know to get ahead as the trading day begins in Asia. Bloomberg TV is live from Tokyo and Sydney with Shery Ahn and Haidi Stroud-Watts, getting insight and analysis from newsmakers and industry leaders on the biggest stories shaping global markets.
Chapters:
00:00:00 – Bloomberg: The Asia Trade Begins
00:00:52 – Fed’s Williams: See no need for rate hike in 2027
00:08:08 – Big US banks set record for lending income
00:10:53 – BofA fined more than $1.21B for money-laundering, sanctions violations
00:13:07 – Saudi Arabia intercepted Houthi missile attacks Tuesday
00:14:56 – Federal Reserve Governor Christopher Waller on rising yields
00:19:52 – EXCLUSIVE: Blackstone President and COO Jonathan Gray on opportunities in India
00:24:49 – Pepperstone’s Dilin Wu on market strategy
00:34:24 – Kospi futures’ horrible day looks like capitulation event
00:38:25 – EXCLUSIVE: Indian Finance Minister Nirmala Sitharaman on capital outflows
00:43:27 – Glencore targets super funds with ASX debut
00:46:58 – Markets open in Japan, South Korea
00:49:30 – BREAKING: Singapore MAS maintains slope, width, center of currency band
00:52:20 – BREAKING: MAS sees 2027 CPI-all items inflation at 1.5%-2.5%
00:53:36 – OCBC Bank’s Vasu Menon on investment outlook
00:58:16 – Federal Reserve Governor Christopher Waller on AI impact on global economy
01:02:16 – US bank bond traders hand crown to equities
01:07:21 – EXCLUSIVE: Indian Foreign Minister Subrahmanyam Jaishankar on US talks
01:12:17 – Bear market looms for China as policy hopes wane
01:15:13 – Hong Kong investigates IPO rigging
01:21:36 – EXCLUSIVE: Blackstone President and COO Jonathan Gray on investing in India
01:27:35 – China takes early lead in humanoid hardware
01:30:44 – BREAKING: Trump: Taiwan to buy 30% of gas from Alaska project over 20 years
01:31:53 – Infosys Chairman Nandan Nilekani on AI impact on jobs
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Business
Starbucks Says It’s Not Buying Chipotle, Dousing Deal Rumors
Starbucks Corp. said it’s not buying Chipotle Mexican Grill Inc., tamping down speculation about what could have been one of the restaurant sector’s largest-ever deals. Bloomberg’s Redd Brown joins to discuss this as well as his recent piece about how California vintners are experimenting with making an American version of tequila due to a drop in wine consumption and state-imposed water restrictions.
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Business
In Full: Blackstone’s Gray on India’s Modi, AI Buildout
Blackstone President Jonathan Gray discusses the firm’s investments in India, his views on Prime Minister Narendra Modi and why he’s confident about the artificial intelligence infrastructure buildout. “We think focusing on the AI infrastructure here in India and around the world is the right place to be,” Gray says in an interview with Yvonne Man on the sidelines of the Bloomberg New Economy Forum in New Delhi.
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Business
Riyadh Airport Attack Kills 12 as Conflict Escalates
Bloomberg Middle East reporter Dan Williams tells Bloomberg This Weekend that an attack on Riyadh’s international airport that killed at least 12 people and injured more than 300 marks a significant escalation in fighting between Saudi Arabia and Yemen’s Iran-backed Houthis. Speaking with hosts David Gura and Christina Ruffini, Williams discusses the possibility of US military intervention, the threat to Saudi Arabia’s investment ambitions and Iran’s efforts to rebuild its missile arsenal amid uncertainty over renewed hostilities.
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@boombamm2457
January 15, 2024 at 9:01 am
1:53:49 Janice
@jackblack1097
January 15, 2024 at 9:01 am
The FED is going to pivot very soon and rates are going to zero faster then the went up. I am taking bets, end of 2023 we will see the rates cuts.
@larrybelo
January 15, 2024 at 9:01 am
Member of key of the fast track it’s me said
@larrybelo
January 15, 2024 at 9:01 am
Ready to vote it’s me said to trak….
@larrybelo
January 15, 2024 at 9:01 am
We need the support of all nations to out my secretly only me to know because to many failed my information to people every day i giving information about but now need to change all the information trak said It’s me my only secret our last decision…..
@larrybelo
January 15, 2024 at 9:01 am
Trak our only hope IM taird to giving information now trak no information about social midia
Whos my secretly its me my self vote fore US….december 15 to know track me….
@larrybelo
January 15, 2024 at 9:01 am
Your point country is thinking my secretly
@robertrivest6784
January 15, 2024 at 9:01 am
Evil people
@frankunderwood8357
January 15, 2024 at 9:01 am
They talk so fast, I wonder what their daily dosage of cocaine is.
@aw4724
January 15, 2024 at 9:01 am
Oh for the love of all things sane and responsible: if everybody acts like there’s not a recession then there isn’t one. Don’t let these absolutely embarrassing children, that SOMEhow are allowed to run the world, have so much power over you. Get a grip.
@jesshoffman4586
January 15, 2024 at 9:01 am
<The market is very unstable and you can not tell If it's going bearish or bullish. I advise y'all to forget predictions and start making a good profit now because future valuations are all speculations and guesses.When these reports are bullish take some off to the side lines, when news gets bearish start buying. "Keep it simple simple" that bear/ correction was the best thing that happened me. <But all thanks to TerryEllington for his amazing skills for helping me to earn 19 Btc through trading chart. I believe we are in the spring phase…
@rednecknation
January 15, 2024 at 9:01 am
Bloomberg now sounding and saying what Fox has been saying for the last two years.
🤣 Welcome to reality and the party recession denier’s.
@davidchan8105
January 15, 2024 at 9:01 am
I think Josh brown is correct, this story will change soon with meta. and a Netflix move will happen with meta once it does.
@fredydez634
January 15, 2024 at 9:01 am
A recession as bad it can be, provides good buying opportunities in the markets if you’re careful and it can also create volatility <giving great short time buy and sell opportunities too. This is not financial advise but get buying, cash isn’t king at all in this time!
@louisairvin3052
January 15, 2024 at 9:01 am
The best way to describe the present economy is 08' 2.0. Yes stocks are at a discount and things will eventually get better but my monthly living expense is up $3750 from $1600 and I'm left wondering what retirement have in store for me 5years down the line, I'm ill-prepared tbh, my 401k gains are zero-nothing and my stock portfolio?…OH WELL!
@terriphillips5549
January 15, 2024 at 9:01 am
It’s always tomorrow
@joesphcu8975
January 15, 2024 at 9:01 am
Recessions are part of the economic cycle, all you can do is make sure you're prepared and plan accordingly. I graduated into a recession (2009). My 1st job after college was aerial acrobat on cruise ships. Today I'm a VP at a global company, own 3 rental properties, invest in stocks and biz, built my own business, and have my net worth increase by $500k in the last 4 years.
@AlbionTVLondon
January 15, 2024 at 9:01 am
Recession fears? It's already DEPRESSION. its been going on for months. Time to wake up….
@redsed1565
January 15, 2024 at 9:01 am
listen to the clowns that have destroyed life on Earth!
@fatmilf1498
January 15, 2024 at 9:01 am
almost like interest rates have nothing to do with inflation
@peterhicks5590
January 15, 2024 at 9:01 am
They know whats coming ,America steps up sanctions on anything Chinese , sanctioned anything Russian and signed up to the Paris accord ,its a perfect storm , 2022 is the recession 2023 is the Market crash , why is you think that everybody selling something & everybody suppling a service has jacked the prices up to a point where people cant afford it ,UK 50,000 small businesses went broke .
New trade blocks appeared like the south American one ,all the countries that did not sign up to the shoot your self in the RS sactions are trading and getting resources to trade ,UK /EU are in the shite , Germany is falling into a hole .
More and more people are getting off grid inverters and battery packs to power their appliances ,more people are getting wood burners
People are hanging on to their old cars ,houses ect .
My energy bill went from £1250 yr to £3260 via Octopus energy and im not getting any help so will be buying some big AGM Batteries an off grid all in inveter a small genny and a couple of big solar panels for the summer ,all of which is a lot cheaper that paying for my energy bills
I can then run my appliances ONE AT A TIME , i dont buy new cars ,they cost to much to maintain mine is a 2007 Suzuki SX4 and everything still works because i maintain it .
My guess is 2023 will be 1928 all over again !
@SuperLammens
January 15, 2024 at 9:01 am
Belgium where i live had the most covid related deaths in the beginning of the pandemic when there where no mrna injections. of our most vulnarable people 500.000 person over 80 yrs old 10.000 died from this horryfying dis ease. another 10.000 died of the 2.000.000 between age 60 and 80 yrs old. And last but not least almost 3000 of the 9.000.000 died from this terribel dis ease age between 0 and 60 yrs old. So now we have protection from the vaccines we should be thankfull our leaders are still putting us in home jail to protect anyone from this almost ebola like virus🤧
@CrunchyDark
January 15, 2024 at 9:01 am
It's in motion 😳😗
@dickoms
January 15, 2024 at 9:01 am
You can't fight the thunder dollar "to the moon"
@robd003
January 15, 2024 at 9:01 am
Joe Biden really trashed the economy. We need to vote out the Democrats in the midterms!
@athansky25
January 15, 2024 at 9:01 am
🪙 De-dollarisation by buying oil and other products using other currencies like ruble or yuan in trade. Stock up in Gold as hedge. Let China
start dumping their trillion Dollar reserves to flood the market to Devalue the Greenback and other countries must follow suit.
@jaciradejesusdepaulasilva8992
January 15, 2024 at 9:01 am
Era bom se eu entendesse pelo ao menos um pouco dessa conversa muito valioso más não vai faltar oportunidade temos que fazer valer apena pôr isso que precisamos conversar com ela e amigos colaboradores que eu quero te ajudar a fazer o melhor sempre contato Forte abraços boa noite 🌃🎶🎸🎶🎸 abraços boa sorte sucesso família e amigos colaboradores obrigada abraços 💋 bençãos de Deus muito valioso obrigada abraços
@SantiagoGonzalez-hc4rq
January 15, 2024 at 9:01 am
Saludos cordiales desde San Miguel de Allende Guanajuato Mexico..!
@iliketacos6067
January 15, 2024 at 9:01 am
when France, UK, and US work together to help Europe, they create F.U.K.U.S.
@Firebrand911
January 15, 2024 at 9:01 am
Stop saying "Reset" over and over, you dolts. Don't you understand there is a huge global conspiracy theory around that terminology "the Great Reset" — youre really just stirring people up intentionally. Anyway, its not a reset at all. If anything, its a hurdle.
@CoreyChambersLA
January 15, 2024 at 9:01 am
Jawbone Jerome will blink very soon. He's already blinking by maintaining historic radical fed policy, with rates far less than inflation. He will blink a heck of a lot more soon.
@CoreyChambersLA
January 15, 2024 at 9:01 am
Cutting taxes while increasing spending does not work.
@CoreyChambersLA
January 15, 2024 at 9:01 am
China is breaking, Japan is breaking, next Europe, then next the U.S.
@maddwarf7976
January 15, 2024 at 9:01 am
The UK Govermant is a gambling adicct, I would love to be able to short the pound as a normal citizen
@gijuvarghese6545
January 15, 2024 at 9:01 am
India's GDP growth is what, 13.5%? And China is half the world..
@susanlanez6918
January 15, 2024 at 9:01 am
I’m of <the opinion that those who leave it to market dynamics to determine when to trade or not are either new to the Market or are probably just naïve. The market has seen far worse times than this, enlightened traders are taking advantage of the dip and pumping even more towards trading sessions. My advice to new investors: More emphasis should be put into day trading as it is less affected by the unpredictable nature of the market. Trading went smooth for me as I was able to raise over 12 BTC when I started at 2 BTC in just 7 weeks of implementing trades with signals and insights from expert KENNET GIBBS
@COVIDisA_HOAX
January 15, 2024 at 9:01 am
81 MILLION VOTES HAHAHAHAHAHAH
@greenragi7775
January 15, 2024 at 9:01 am
@Bloomberg here is an idea for you : Start a Friday Late night Financial show from LA Studios : Starring Kailey Leinz, Carol Massar (I think i got her name right) and Guest appearances by Goldman's Eqiuity division CIO Katie Koch. I bet that will be a hit !!…. if it doesn't work the cast can always find a better paying job in the burbs Valley. LOL
@zebrazport3120
January 15, 2024 at 9:01 am
But woe (judgment is coming) to you who are rich [and place your faith in possessions while remaining spiritually impoverished], for you are [already] receiving your comfort in full [and there is nothing left to be awarded to you].1Come now, you who are rich, weep and wail over the misery to come upon you. 2Your riches have rotted and moths have eaten your clothes. 3Your gold and silver are corroded. Their corrosion will testify against you and consume your flesh like fire.
@ANDROID10243
January 15, 2024 at 9:01 am
Hello everybody! I'm Georgian. but I live in Italy, I have the status of a political refugee. we have such a concept in Georgia that if you are gay and at the same time Georgian, then another Georgian can insult you, take away an expensive thing, humiliate you, etc. recently on 15 or 16 or 17 09.2022 in the city where I live, they spread the information that I am gay. help if anyone hears, I appeal to everyone who understands what situation I am in.. 2 years ago, I had an operation on my heart, they changed 2 valves, I, as a political refugee, was not given any funds as social assistance. and I have been living in Italy for 8 years already .. appeal to politicians and lawyers. in a word, the case is not put into motion.
Kakha Kaladze
Read attentively! maybe you will understand something in this life!
I have you in my head as a suspect in the organization! revenge and in the manipulation of people's opinions,
in this way you get moral satisfaction and plus you shut my mouth for the future! but as smart people say, you get tired of swallowing dust!
15, 16 or 17/.09 2022 in Italy, the store security guard wanted to accuse me of stealing and so that I would not come here again.
But the fact is that before this event, while this guard would have told me all this…
I had a conflict in this store on the same day, but a little earlier, two or three hours, I can’t say for sure, but the roots of the conflict grow from Georgia and the workers of this store, probably not all, but some for sure, understood what was going on and
thus, they decided to protect themselves, because they probably didn’t want attention to their personality and shines and at the moment become an accomplice! and even more so, I was talking about Kakha Kaladze,
who played football in Milan! I realized that it smells like kerosene and turned to the carabinieri!
after I had a conversation with the security guard of this store!
I told him to provide me with evidence such as a video! I spoke loudly
to attract the attention of buyers and to show the act of this guard, and what caused this act, I think, is now not difficult
guess! then prove that you are not a camel! Who knows how this could all end? Or maybe they are interested in me getting into
to jail? and there already they will decide with me on any! I don’t like all this, but because the relay participants and torpedoers!
I warn you all!!! think about it, for yourself first! I will not tear from you! now I would be arrested, and there already, who knows?
how could this whole movie concert end ?! although you can not go to a fortune teller and make a bold conclusion, they would have destroyed it like a mammoth!
and all this was commissioned by Kakhaber Kaladze. And in prison, as you can imagine, the chances of proving your truth, etc. would be difficult, Very difficult!
And, then it’s simply impossible and thus they would break me mentally! and would have suffered and very hard! but, these organizers, having enjoyed the humiliation and insult and revanchism, would rejoice at such an outcome! It’s quite possible that I’ll disappear, or they’ll just cripple me so much that I won’t be able to name them .. well, they’ll either kill, well, or they won’t miss the chance, present it as a coincidence, and I met with
old debtor and there my heart stopped! and so on… but no one will believe this, so wake up and don't do anything stupid! I am writing now while I am still able to think, write and think, and I am helping investigators in solving a crime that is still in progress. There are chances
that after such a scenario, they can stop this process and wait for a better moment, but don’t think like that Kakhaber Kaladze!!! You most likely have a plan B _ if plan A fails .. as for me, then their plan A failed with such a crash that they say Kakha Kaladze still prays that no one suspects him and no one mentions him! Kakha Kaladze, Bidzina Ivanishvili and Georgian President Salome Zurabishvili! these people are not attentive to their fellow citizens! this carelessness can turn them sideways! And, all the more so, they are very noticeable figures and they won’t be able to hide so easily in order to get lost in the crowd! I declare disobedience to the Georgian dream and disrespect and all of you are traitors and corrupt and
you should be put in jail! You don't have long left comrades! You may ask me, why do I have such suspicions? when the war began on 24 February.
after that, after about three weeks, around March 15, I created a tik tok account and started telling the whole truth… call a spade a spade and now I'm left alone. I need faith that there are still brave people and will not watch me drown! The Italian carabinieri do not let things go! Now think for yourself how many people died for Democracy and Freedom, Honor and Dignity! But the legal mechanism itself does not work in practice so far. Otherwise, my statement would already be in the case and there would be interrogations. Help needed today! I hope there are still brave people!
I live in Trezzo sull'Adda, Italy, Via del Mille 11 C.
I have a recording of a telephone conversation.
I posted them on Facebook and YouTube.
and this conversation can be analyzed by state security.
Facebook blocked me when I posted this information.
and I created another Facebook account.
@greenragi7775
January 15, 2024 at 9:01 am
Mrs. Leinz : Just like Ferro says, you probably are brilliant…. but, I guess I don't want my family to think I'm watching this show to checkout your biceps & thighs. !! hope there is no wardrobe malfunction like last Friday in UK…. LOL
@victoriousrufus6747
January 15, 2024 at 9:01 am
The economy will not improve as long as the war drags on! No amount of tax cuts or incentives can boost it! With high interest rates on one side and freebies on the other how will the government tackle high inflation! You don’t need an economist to tell you that! A catastrophe in the making! Soon pound will be at par or below par to the US dollar! It won’t be going up anytime soon! This is what happens when you let a child to handle the finances of the country! Sham mini budget trying to please the rich! There should not have been any tax cuts for the rich!