Wall Street Week – Full Show (05/29/2020)

May.29 — One of the most iconic brands in financial television returns for today’s issues and today’s world. This week’s Wall Street Week features David Westin’s interviews with New Jersey Governor Phil Murphy (D), BlackRock Global CIO of Fixed Income Rick Rieder, NASA Administrator Jim Bridenstine, and Head of Bloomberg Economics & Wall Street Week Contributor Stephanie Flanders. The conversations highlight the measures states are taking to cover their budget shortfalls, the boom in corporate bond issuance, and the trend of central banks stepping into credit markets. Nuveen CIO of Global Equities Saira Malik cautions that investors will be more worried because markets have already priced in good news on the outbreak. Former Treasury Secretary Lawrence H. Summers warns that the lack of market reaction should not make people complacent on the state of U.S.-China relations.


In This Story: BlackRock

BlackRock, Inc. (NYSE: BLK) is an American global investment management corporation based in New York City. Founded in 1988, initially as a risk management and fixed income institutional asset manager, BlackRock is the world’s largest asset manager, with $7.4 trillion in assets under management as of end-Q4 2019.

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In This Story: China

China is the third largest country in the world by area and the largest country in the world by population. Properly known as the People’s Republic of China, the political territory of the country includes Tibet and Hong Kong. The capital is Beijing.

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In This Story: NASA

The National Aeronautics and Space Administration is an independent agency of the U.S. Federal Government responsible for the civilian space program, as well as aeronautics and space research. NASA was established in 1958, succeeding the National Advisory Committee for Aeronautics.

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In This Story: New Jersey

New Jersey is a northeastern U.S. state with some 130 miles of Atlantic coast. Jersey City, across the Hudson River from Lower Manhattan, is the site of Liberty State Park, where ferries embark for nearby Ellis Island, with its historic Immigration Museum, and the iconic Statue of Liberty. The Jersey Shore includes notable resort towns like historic Asbury Park and Cape May, with its preserved Victorian buildings.

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