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Bloomberg Surveillance

Surveillance: Tight Spreads with Athey

Bloomberg Surveillance

Bloomberg

News, Business News, Business

41.1K Ratings

🗓️ 17 August 2023

⏱️ 34 minutes

🧾️ Download transcript

Summary

James Athey, Abrdn Investment Director, says credit spread are too tight. Matthew Luzzetti, Deutsche Bank Chief US Economist, still expects a recession and for equities to come down. Susan Thornton, Yale University Law School Paul Tsai China Center Senior Fellow, says China needs households to start spending. Joe Feldman, Telsey Advisory Group Senior Research Analyst and Assistant Director of Research, discusses Walmart lifting its profit outlook on a boost from US shoppers.

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Transcript

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0:00.0

Is inflation finally on the retreat? Can labor markets withstand an economic slowdown and demographic

0:05.9

headwinds? Will the tense geopolitical climate ease or escalate? This is the Outthinking

0:11.4

Investor. Join us as we re-examine the past, present-day opportunities and future possibilities

0:18.3

in global capital markets. The Outthinking Investor, an award-winning

0:23.2

podcast from PGIM. This podcast is intended solely for professional

0:27.1

investor use. Past performance is not a guarantee of future results.

0:30.5

No one just watches a movie anymore. They play the video game, screen the soundtrack,

0:35.0

and binge a podcast too. Boundaries have blurred and ever-in-a-scrambling

0:38.8

for one thing, screen time. Join me, Lucas Shaw, for Bloomberg Screen Time, our new LA

0:44.4

event that will connect entertainment's brightest minds. We'll be interviewing guests

0:48.2

like Ted Cerandos of Netflix, Donna Langley of NBC Universal, and Arya Manual, the

0:52.9

super agent Debt and Ever. Catch it on October 11th and 12th. You can find out more at

0:57.2

BloombergLive.com slash screen time.

1:04.9

This is the Bloomberg Surveillance Podcast. I'm Lisa Abramoy. It's along with Tom Kean and Jonathan

1:10.2

Farrow. Join us each day for insight from the best in economics, geopolitics, finance,

1:15.6

and investment. Subscribe to Bloomberg Surveillance On Demand on Apple, Spotify, and anywhere

1:20.5

you get your podcasts. And always on Bloomberg.com, the Bloomberg Terminal and the Bloomberg Business

1:25.9

App. Let's just get to James Athe over in London, investment director over at Aberdeen.

1:31.6

James, great to catch up with you. It's like the question of the week. What's it all about James?

1:35.4

What's behind this bond market move? Hey, John, yeah. I mean, it's a good question. It's been a

1:41.0

very strange few trading days. We had stronger US data and the market seemingly couldn't sell off

1:46.9

at all. And then we've seemingly got these random sell-offs out of nowhere with not much behind

...

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