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Podcast: Bloomberg Surveillance
Episode:

Surveillance: Davos, Day 1 (Podcast)

Category: Business
Duration: 00:59:39
Publish Date: 2022-05-23 15:55:49
Description:

Tom Keene and Lisa Abramowicz are live from the World Economic Forum in Davos, Switzerland. Jason Furman, Former Council of Economic Advisers Chairman, says a Fed funds rate of 4% or higher is completely plausible. Rebecca Patterson, Bridgewater Chief Investment Strategist, warns of a "vulnerable" dollar. John Kerry, US Special Climate Envoy and Former US Secretary of State, discusses the economic opportunity of climate change. Joseph Stiglitz, Columbia University Professor & Nobel Prize-Winning Economist, says raising rates won't fix the inflation problem. David Rubenstein, Carlyle Group Co-Chairman and Co-Founder, sees some buying opportunities in the markets right now. Martin Escobari, General Atlantic Co-President, sees carnage in growth stocks. Senator Pat Toomey, (R) Pennsylvania & Senate Banking Committee Ranking Member, says the Biden administration is an extension of the Trump administration when is comes to trade. Christiano Amon, Qualcomm CEO, discusses the need for a reliable supply chain. 

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