Bloomberg Podcasts
@bloombergpodcasts·503K subscribers·32.4K videos
US Services Expand, ADP Data, Trump Speech | Bloomberg Intelligence
Posted
March 5, 2025
Views
454
Likes
6
Engagement
1.32%
March 5, 2025
454
6
1.32%
Every word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
44:36Now PlayingWatch Alix and Paul LIVE every day on YouTube
Bloomberg Intelligence hosted by Paul Sweeney and Alix Steel
*Broadcasting live from Bloomberg Invest*
Today's Podcast Features:
Michael McKee, Bloomberg International Economics and Policy Correspondent, discusses ISM services and ADP data, along with tariffs. Hiring at US companies slowed in February to the lowest pace since July, led by job cuts in the service sector and in regions of the US that were hit by severe weather. US service providers expanded in February at a faster pace as resilient demand helped drive a measure of employment to a more than three-year high.
Katie Fogertey, Chief Financial Officer at Shake Shack, discusses the company’s growth strategy, pricing dynamics, and expansion plan.
With inflation, tariffs, and supply chain disruptions affecting food and labor costs, Katie discusses how Shake Shack is balancing menu pricing and profitability while maintaining its premium brand appeal.
Chris Hyzy, Chief Investment Officer, at Bank of America Private Bank and Merrill, talks about how high-net-worth and institutional investors are positioning their portfolios amid market volatility, inflation, and rising interest rates.
Chris talks about whether the traditional 60/40 portfolio model still works in today’s macroeconomic environment or if investors are shifting more toward alternatives like private equity, private credit, and real assets.
Yup Kim, CIO at Texas Municipal Retirement System, discusses how TMRS is managing a $40+ billion pension fund in today’s complex economic landscape, focusing on long-term sustainability, investment strategy, and risk management.
Purnima Puri, Governing Partner & Portfolio Manager for Public Credit, HPS Investment Partners, talks about the evolving landscape of private credit, leveraged finance, and alternative asset management in a high-interest rate environment.
Steven Meier, NY City Retirement Systems Asset Management CIO & Deputy Comptroller, talks about how NYCRS is navigating market volatility, rising interest rates, and long-term pension obligations, while balancing risk, return, and fiduciary responsibility.
See omnystudio.com/listener () for privacy information.
Paul Sweeney and the Bloomberg News team cover the day's market action, with analysis from Bloomberg Intelligence analysts, Bloomberg Opinion writers and influential newsmakers.
Watch us LIVE on YouTube
Subscribe to Bloomberg Podcasts
Listen to more Bloomberg Intelligence
#News #Markets #Bloomberg #Podcast #Business #Finance
Follow Bloomberg Podcasts on Twitter
Visit our other YouTube channels:
Bloomberg Television
Bloomberg Originals
For coverage on news, markets and more
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.
