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'Buy the Dip' Call Fades Even as US PPI Stalls | Bloomberg Surveillance | March 13, 2025
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March 13, 2025
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2:41:27Now PlayingBloomberg Surveillance hosted by Tom Keene and Paul Sweeney
March 13, 2025
Featuring:
• Geoffrey Yu, Senior EMEA Strategist at BNY, examines investor reaction to recent market volatility and whether US dollar strength against the Euro might be wavering amid the risk of a US government shutdown and disruption from Trump-led tariffs
• Julia Pollak, Chief Economist at ZipRecruiter, reacts to the latest weekly jobless claims data and sheds light on key trends emerging within the American labor market; Recent reports indicate a labor market slowdown, and investors expect the Federal Reserve to make interest-rate cuts this year
• Bob Hormats, Kissinger Associates Vice Chairman and former Under Secretary of State for Economic Growth, Energy, and the Environment, explains why he doesn't believe Russian President Vladimir Putin wants to achieve peace in Ukraine and how US President Donald Trump's rift with the European Union is weakening a critical relationship between Western allies
• Constance Hunter, Chief Economist at the Economist Intelligence Unit, discusses the health of the US economy, its growth outlook, and whether recession might be on the horizon; Companies worldwide are planning for the worst amid President Trump's tariff barrage, with many setting up "tariff task forces" to mitigate the impact on sales, profits, and market share
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