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Stagflation Fears | Bloomberg Surveillance | March 10, 2025
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March 10, 2025
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2:32:18Now PlayingBloomberg Surveillance hosted by Tom Keene and Paul Sweeney
March 10, 2025
Featuring:
• Lindsey Piegza, Chief Economist at Stifel Financial, reacts to recent and forthcoming economic data, and discusses how tariffs could potentially affect US growth, including the odds of stagflation; President Donald Trump’s protectionist policies and cuts to the federal workforce have dented confidence in US economic outperformance
• Henrietta Treyz, Director of Economic Policy Research at Veda Partners, examines the odds of a government shutdown at week's end and President Trump's continued rhetoric surrounding tariffs; House Republicans announced a spending bill to keep government agencies open through September 30
• Derek DeCloet, Executive Editor with Bloomberg News, reports on Mark Carney being poised to succeed Justin Trudeau Canada's prime minister, and the deterioration of US-Canada relations; Carney, a former central banker, has pledged to protect Canada's economy and sovereignty, promising to keep retaliatory tariffs on American goods until the US shows respect and makes credible commitments to free and fair trade
• Kristen Bitterly, Head of Capital Markets, Americas at Citi Private Bank, explains why it's important for investors to remain constructive in the midst of what she calls an "orderly" market selloff
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