Wall Street Week – Full Show (06/05/2020)

Jun.05 — 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 SEC Chairman Jay Clayton, Former White House Chief of Staff & Secretary of Defense Leon Panetta, Harvard Kennedy School Senior Fellow Megan Greene, and Columbia University Professor … Read more Wall Street Week – Full Show (06/05/2020)

Fundamental constraints on the economy have not changed: Summers

Jun.05 — Lawrence H. Summers, former U.S. Treasury Secretary, says that the rebound in U.S. hiring in May does not change the fundamental constraints on the economy. He cautions that the bounce-back in the labor market could reflect earlier optimism rather than current conditions. He joins David Westin for an exclusive take on “Bloomberg Wall … Read more Fundamental constraints on the economy have not changed: Summers

What’s causing stocks to rally?

This entire rally is led by fiscal and monetary stimulus from the Treasury Department and Federal Reserve. Insights via @CME Group: https://openmarkets.cmegroup.com/quicktake?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_evergreen&utm_content=more_insights Subscribe to our YouTube channel: https://bit.ly/2TwO8Gm QUICKTAKE ON SOCIAL: Follow QuickTake on Twitter: twitter.com/quicktake Like QuickTake on Facebook: facebook.com/quicktake Follow QuickTake on Instagram: instagram.com/quicktake Subscribe to our newsletter: https://bit.ly/2FJ0oQZ Email us at quicktakenews@gmail.com … Read more What’s causing stocks to rally?

Scrap Bank of England inflation target to focus on GDP growth, says Jim O’Neill | CoronaNomics

The Telegraph’s economics reporter Lizzy Burden interviews Jim O’Neill, former Treasury minister. One of Britain’s most prominent economists has urged Rishi Sunak to scrap the Bank of England’s inflation target to make economic growth its primary goal as Britain attempts a recovery from the pandemic. Lord Jim O’Neill, a former Treasury minister who is understood … Read more Scrap Bank of England inflation target to focus on GDP growth, says Jim O’Neill | CoronaNomics

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

Lack of market reaction to U.S.-China tensions shouldn’t make people complacent: Summers

May.29 — Lawrence H. Summers, former U.S. Treasury Secretary, cautions that we should not take cues on the future of U.S.-China relations from the lack of market reaction. He says that the current strategy teaches China to avoid any vulnerability to the U.S., which could splinter their economic approach from the world. He joins David … Read more Lack of market reaction to U.S.-China tensions shouldn’t make people complacent: Summers

Fed’s Mester on Economic Recovery, Policy Support, Yield-Curve Control

May.29 — Federal Reserve Bank of Cleveland President Loretta Mester says another phase of monetary policy support may be needed and doesn’t think the central bank is close to a decision on targeting Treasury yields, a policy known as yield-curve control. She speaks with Bloomberg’s Jonathan Ferro and Mike McKee on “Bloomberg The Open.”

Fed’s Mester Says Yield-Curve Control Is a Discussion for a Future Phase

May.29 — Federal Reserve Bank of Cleveland President Loretta Mester says she doesn’t think the central bank is close to a decision on targeting Treasury yields, a policy known as yield-curve control. She speaks with Bloomberg’s Jonathan Ferro and Mike McKee on “Bloomberg The Open.”

Gordon Brown and Lawrence Summers discuss impact of pandemic on global economy (FULL STREAM 5/29)

The dramatic spread of COVID-19 has disrupted business and the economy worldwide. The Washington Post Live brought together former British prime minister Gordon Brown and former U.S. treasury secretary Lawrence H. Summers to discuss the impact of this pandemic on the global economy. Washington Post Live is the newsroom’s live journalism platform, featuring interviews with … Read more Gordon Brown and Lawrence Summers discuss impact of pandemic on global economy (FULL STREAM 5/29)

Scott Morrison outlines vision to bring unions and employers together | 7.30

The Morrison Government has spent the past four days fending off questions about why it won’t expand its coronavirus income support payments after Treasury revealed it had overestimated their cost by $60 billion. For more from ABC News, click here: https://ab.co/2kxYCZY You can watch more ABC News content on iview: https://ab.co/2OB7Mk1 Subscribe to us on … Read more Scott Morrison outlines vision to bring unions and employers together | 7.30

Lockdown fines for families travelling for childcare to be reviewed┃Coronavirus

The government will look into any penalties given to families travelling during lockdown for childcare purposes, Health Secretary Matt Hancock has said. Mr Hancock said he would “talk to my Treasury colleagues” about the matter, after a vicar asked Mr Hancock whether this course of action would be considered in the daily government briefing. This … Read more Lockdown fines for families travelling for childcare to be reviewed┃Coronavirus

Singapore Economy Could Contract Most Since Independence

May.26 — Selena Ling, head of treasury research and strategy, global treasury, at OCBC Bank, talks about Singapore’s economy, which is facing its worst contraction since independence more than a half-century ago as the coronavirus outbreak and measures to contain it pummel the trade-reliant city state. Ling speaks with Haslinda Amin and Yvonne Man on “Bloomberg Markets: … Read more Singapore Economy Could Contract Most Since Independence

Treasury re-examins all economic forecasts after massive $60bn miscalculation | ABC News

Treasury officials are now poring over all of their economic forecasts following a massive miscalculation in the centrepiece of the Government’s response to the COVID crisis. The Prime Minister has accepted responsibility for the $60 billion JobKeeper blunder, but today the Treasurer said the revised cost should be a cause for celebration. Political editor Andrew … Read more Treasury re-examins all economic forecasts after massive $60bn miscalculation | ABC News

Wall Street Week – Full Show (05/22/2020)

May.22 — 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 Former Goldman Sachs CEO Lloyd Blankfein, Bank of America Chairman & CEO Brian Moynihan, House Speaker Nancy Pelosi (D), and Union Square Hospitality Group Founder & CEO … Read more Wall Street Week – Full Show (05/22/2020)

Economies that reopened sooner are not better off: Summers

May.22 — Lawrence H. Summers, former U.S. Treasury Secretary, looks at Sweden as an example of an economy that did not see any material benefit from keeping its businesses open through the outbreak. He also cautions that people’s fear to go shopping or dine in a restaurant could be a bigger threat to the economy … Read more Economies that reopened sooner are not better off: Summers