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President-elect Donald Trump's sweeping election victory and cabinet appointments point to more protectionist policies and market volatility, with broad implications for Asia. China is firmly in the crosshairs, but previous US efforts to contain its advance -- particularly in technology -- have largely faltered, according to Bloomberg Economics and Bloomberg Intelligence. Tom Orlik, chief economist at Bloomberg Economics in Washington, D.C., joins John Lee and Katia Dmitrieva to outline what the next four years may bring for the global economy and US-China relations -- and the potential risks.See omnystudio.com/listener for privacy information.
President-elect Trump ran on a promise to help American consumers. As he prepares to take office, the question becomes whether his policies will play out the way he sold them — and how they could evolve as he tries to put them into practice. Bloomberg Economics has done the math on Trump's plans, and chief economist Tom Orlik joined host Sarah Holder to look at what Trump's agenda could mean for inflation, GDP and US taxpayers. Read more: Your Guide to Trump's Day-One Agenda — From Taxes to Tariffs Become a Bloomberg.com subscriber using our special intro offer at bloomberg.com/podcastoffer. You'll get episodes of this podcast ad-free and unlock access to deep reporting, data and analysis from reporters around the world.See omnystudio.com/listener for privacy information.
Back in 2016, Donald Trump campaigned on a platform that included a much harsher stance toward trade with China, and the US-China Trade War was a big deal while he was in office. But the Biden administration has quietly continued the Trump tariff regime and even enacted more stringent restrictions targeting China's use of technology, including on semiconductors. Now that Trump looks set to get the Republican presidential nomination again, he's suggesting even higher tariffs — of 60% or more — on Chinese goods. What effect would that actually have on the US economy and global trade? Would it lead to higher prices for Americans when the country is still struggling with inflation? Or would it result in a slowing of the economy that actually mutes prices? Would US domestic manufacturing ramp up to fill the gap? Or would we simply import more from other countries? In this episode, we speak with Tom Orlik, chief economist at Bloomberg Economics, and Mackenzie Hawkins, US industrial policy reporter for Bloomberg News, who have published an in-depth analysis of the impact of these potential tariffs.See omnystudio.com/listener for privacy information.
China's economy has been in rough shape, and the government is trying to address it. But there's another threat on the horizon: the US election.During their presidencies, both Joe Biden and Donald Trump backed policies that drove the US and China further apart. Now, they're both campaigning for re-election on continuing on that trajectory.In this episode, Joe Weisenthal and Tracy Alloway from the Odd Lots podcast speak with Tom Orlik, chief economist at Bloomberg Economics, and Mackenzie Hawkins, US industrial policy reporter for Bloomberg News. They've measured what a Trump or Biden victory in 2024 could mean for China's economy, and beyond. Subscribe to Odd Lots to get all of their episodes.See omnystudio.com/listener for privacy information.
China's economy has been in rough shape, and the government is trying to address it. But there's another threat on the horizon: the US election.During their presidencies, both Joe Biden and Donald Trump backed policies that drove the US and China further apart. Now, they're both campaigning for re-election on continuing on that trajectory.In this episode, Joe Weisenthal and Tracy Alloway from the Odd Lots podcast speak with Tom Orlik, chief economist at Bloomberg Economics, and Mackenzie Hawkins, US industrial policy reporter for Bloomberg News. They've measured what a Trump or Biden victory in 2024 could mean for China's economy, and beyond. Subscribe to Odd Lots to get all of their episodes.See omnystudio.com/listener for privacy information.
China should aim for an economic expansion of "around 5 percent" for 2024, as that will help boost confidence and revive its recovery momentum, Bloomberg Economics' chief economist Tom Orlik said.彭博经济研究首席经济学家欧乐鹰(Tom Orlik)在接受《中国日报》独家采访时表示,中国应该在2024年实现“约5%”的经济增长目标,这一目标将有助于提振信心和重振增长势头。"I think a target of around 5 percent is probably sufficiently ambitious to boost confidence for businesses, and it is not too stretching so as to avoid the risk of overinvestment and over-stimulus," he told China Daily in an exclusive interview.欧乐鹰表示,5%左右的目标可能足够雄心勃勃,可以增强企业信心,而且不会过于牵强,可避免过度投资和过度刺激带来的风险。Orlik said China has the scope to keep monetary and fiscal policy supportive to help bolster recovery of the economy. In the monetary realm, a further reduction in the reserve requirement ratio as well as policy rate cuts will be likely in the following months, he said. Orlik said a forceful fiscal policy will play a bigger role in stimulating domestic demand.欧乐鹰表示,中国有能力长期提供货币和财政支持,以此促进经济复苏。就货币政策而言,中国未来几个月可能会进一步下调存款准备金率和政策利率;同时,强有力的财政政策将在刺激国内需求方面发挥更大的作用。The focus should be on spurring household spending and stimulating the development of emerging fields, including providing subsidies for households and increasing spending on city transport and green transition.重点应该放在刺激家庭支出和刺激新兴领域的发展上,具体包括:为家庭提供补贴,增加城市交通和绿色转型所需的相关预算。"I think the big remaining opportunity for China in terms of delivering stimulus is to leverage the central government's balance sheet. And that means a bigger fiscal deficit and a bigger role for fiscal policy in driving growth," he said.他表示,在刺激经济增长方面,中国仍有很大的财政政策空间。这意味着更大的财政赤字,并使其在推动增长方面发挥更大作用。”Considering stronger policy support, pressure from a real estate downturn, and slowing global growth, Orlik anticipates that China's economy will expand by around 4.5 percent in 2024. On the headwinds for the Chinese economy, he said policymakers have been doing the right thing and attempting to manage down the problem of oversupply without triggering a complete collapse in the property sector.考虑到更强大的政策支持、房地产的下行压力和全球增长的放缓,欧力鹰预计中国经济将在2024年增长约4.5%。谈及中国经济增长面临的阻力,他表示政策制定者一直在做正确的决策,积极采取措施解决房产过剩问题,同时保证房地产行业不会面临全面崩盘。In 2024, there will be enough stimulus, financing and support for homebuyers to prevent a collapse in the real estate sector," he said. Looking ahead, he said it may take two more years of correction in the sector.While the process may cause problems for some developers, banks and households with all or a lot of their wealth in property, China will have a real estate sector that is smaller as a share of the economy at the end of the process.欧力鹰认为,2024年将会有各种各样的的措施刺激经济增长、融资、为购房者提供支持,以此保证房地产行业免于崩溃的绝境。展望未来,他表示该行业可能还需要两年的修整。这一过程对部分开发商、银行和以地产收入为主或以其为唯一收入的家庭来说,不免算是一场阵痛。但唯有如此,房地产行业在中国经济中所占份额才会有所减少。"It's more sustainable in terms of its future trajectory," Orlik said. "It also means that China will have less productive resources, capital, workers focused on the real estate sector. So there can be more focus of productive resources on areas like electric vehicles, for example, where there are very strong growth prospects."欧力鹰说:“就其未来发展轨迹而言,它更具可持续性。这也意味着中国将减少房地产行业的生产资源、资本和工人配置,进而将生产资源更多地集中用于电动汽车等增长前景非常强劲的领域。He said booming emerging fields, such as electric vehicles, sustainable energy and high-speed railways, will offer continued growth opportunities for the Chinese economy. More efforts should be made to steadily get through the real estate correction as well as boost confidence of entrepreneurs and global partners.他表示,电动汽车、可持续能源、高铁等新兴领域的蓬勃发展将为中国经济提供持续增长机遇。要稳步渡过房地产调整期,提振企业家和全球合作伙伴信心。Orlik also expressed optimism about China's medium -and long-term development prospects, saying there is huge growth potential. "China's overall GDP per capita is just one-third of the level in Japan, so China is still a middle-income country. That means there's a huge amount of development space left." Going forward, Orlik said China will remain one of the biggest contributors to global growth, creating significant opportunities around the world.欧力鹰对中国中长期发展前景表示乐观。他说:“目前中国总体人均GDP只有日本的三分之一,仍然是中等收入国家,但发展空间巨大。展望未来,中国仍将是全球增长的最大贡献者之一,为世界各地创造重大机遇。”electric vehicles电动汽车per capita人均
China's economy is likely to pick up pace and grow steadily in 2024 after a bumpy recovery last year, propelled by the gradual increase in domestic demand and with more stimulus policies in the offing, officials and economists said on Wednesday.2024年1月17日,官员和经济学家表示,在去年的波折复苏后,受国内需求逐步增加和更多刺激政策的推动,中国经济可能会在2024年加速增长并稳步增长。As the broader economy is still facing pressures from a property downturn, lack of effective demand and risks associated with local government debts, economists said the country needs to set an annual GDP growth target of around 5 percent to boost business confidence, and the policy easing should focus on housing and fiscal measures.由于宏观经济仍然面临房地产低迷、有效需求不足和地方政府债务风险等压力,经济学家表示,中国需要设定一个约5%的年度GDP增长目标来提振商业信心,而政策放松应该集中在住房和财政措施上。Data from the National Bureau of Statistics showed on Wednesday that China's GDP expanded by 5.2 percent year-on-year in 2023 to 126.06 trillion yuan ($17.63 trillion), surpassing the country's preset annual growth target of around 5 percent.国家统计局1月17日发布的数据显示,中国2023年GDP同比增长5.2%,至126.06万亿元人民币(17.63万亿美元),超过了国家预先设定的约5%的年度增长目标。In the fourth quarter of 2023, the Chinese economy grew 5.2 percent year-on-year, following a 4.9 percent growth in the third quarter.在2023年,中国经济继第三季度增长4.9%之后,第四季度同比增长5.2%,。"China's 5.2 percent growth rate is higher than the anticipated global growth rate of around 3 percent, outpacing many major economies," Kang Yi, head of the National Bureau of Statistics, said at a news conference in Beijing on Wednesday. "China is projected to have contributed more than 30 percent of global economic growth in 2023, making it a primary engine driving global growth."1月17日,国家统计局局长康毅在北京的新闻发布会上表示:“中国5.2%的增长率高于预期的全球增长率(约3%),超过了许多主要经济体。预计到2023年,中国对全球经济增长的贡献率将超过30%,成为推动全球增长的主要引擎。”Despite the challenges and difficulties ahead, Kang said that China possesses many advantages and enjoys several opportunities, which outweigh the challenges.尽管未来仍面临挑战和困难,但康毅表示,中国拥有许多优势和机遇,这些优势能够克服挑战。He said that China's economy is bound to see a steady recovery and improvement in 2024, given the continuing recovery trend, the continuous deepening of reforms and ample policy scope.他表示,鉴于持续的复苏趋势、改革的不断深化和宽松的政策空间,中国经济在2024年必将迎来稳定的复苏和改善。Louise Loo, lead economist at British think tank Oxford Economics, said: "There's plenty to be positive about in China's year-end reported numbers. The cyclical trough is likely behind us."英国智库牛津经济研究院首席经济学家路易丝·卢(Louise Loo)表示:“中国年终报告的数字有很多值得肯定的地方。经济的周期性低谷很有可能已经过去。”She added that industrial production is likely to accelerate on improved capacity utilization, higher industrial profits, and forward-looking restocking needs.她补充说,工业生产可能会因更高的产能利用率和更高的工业利润,以及前瞻性的库存需求而加速。Industrial production is already showing signs of improvement, with China's value-added industrial output growing by 6.8 percent last month after a 6.6 percent growth in November.工业生产已经显示出改善的迹象,中国工业增加值在2023年11月增长6.6%后,于12月增长了6.8%。She said that keeping up with the current growth momentum will require an ongoing and coordinated stimulus effort over the next few quarters.她表示,要保持当前的增长势头,需要在未来几个季度持续和协调的刺激措施。Zou Yunhan, deputy director of the macroeconomic research office at the State Information Center's Department of Economic Forecasting, said she expects the nation's economy to expand by around 5 percent in 2024.国家信息中心经济预测部宏观经济研究室副主任邹云汉表示,预测2024年我国经济将增长约5%。"The momentum of China's economic recovery is poised to undergo further consolidation this year, propelled by robust policy support, the advancement of industrial transformation and upgrading, and the continuous deepening of reforms."“在强有力的政策支持、产业转型升级的推进和改革的不断深化的推动下,中国经济复苏的势头今年将进一步巩固。”Meanwhile, due to the "scarring effect" of the COVID-19 pandemic over the past few years, it could still take time for people's spending power to recover, Zou said.同时,邹云汉表示,由于过去几年新冠肺炎疫情的“创伤效应”,人们的消费能力恢复可能仍需要时间。Retail sales, a key measurement of consumer spending, increased by 7.4 percent in December, down from the 10.1 percent growth a month earlier.衡量消费者支出的关键指标——零售额在12月增长了7.4%,低于一个月前的10.1%。Yu Yongding, an academician at the Chinese Academy of Social Sciences, said the contributions of consumption and net exports to GDP growth will likely be lower compared with 2023, and capital formation will thus play a bigger role in maintaining a high growth rate this year.中国社会科学院院士余永定表示,2024年的消费和净出口对GDP增长的贡献可能比2023年有所下降,因此资本形成在今年保持高增长率方面将发挥更大的作用。"If the growth rate of consumption in 2024 is lower than that in 2023, achieving a 5 percent GDP growth may require double-digit growth in infrastructure investment," he said.他说:“如果2024年的消费增长率低于2023年,那么实现5%的GDP增长可能需要基础设施投资的两位数增长。”Yu said that China should set an annual growth target of at least 5 percent, and the focus should be on expanding budgeted fiscal deficit rates and increase in treasury bonds to provide funding for infrastructure investment.余永定表示,中国应该设定至少5%的年度增长目标,重点应该是扩大预算财政赤字率和增加国债,为基础设施投资提供资金。NBS data showed that China's fixed-asset investment rose by 3 percent in 2023. Infrastructure investment and manufacturing investment grew by 5.9 percent and 6.5 percent, respectively, while real estate investment fell by 9.6 percent in 2023.国家统计局数据显示,2023年中国固定资产投资增长了3%。基础设施投资和制造业投资分别增长了5.9%和6.5%,但房地产投资下降了9.6%。Tom Orlik, chief economist at Bloomberg Economics, said that China's policymakers have been doing the right thing by attempting to manage the problem of oversupply without triggering a complete collapse in the real estate sector. He said there will be enough stimulus, financing and support for homebuyers this year.彭博经济(Bloomberg Economics)首席经济学家汤姆·奥尔利克(Tom Orlik)表示,中国的政策制定者一直在做正确的事情,试图在不引发房地产行业全面崩溃的情况下管理供应过剩的问题。他说,今年将有足够的刺激、融资和支持购房者。He said that China has the scope to keep monetary and fiscal policies supportive to help bolster the economy's recovery, adding that a forceful fiscal policy will play a bigger role in boosting domestic demand.他说,中国有空间保持货币和财政政策的支持,以帮助支撑经济的复苏,并补充说,有力的财政政策将在提振内需方面发挥更大的作用。Zheng Houcheng, chief macroeconomist at Yingda Securities, said a further reduction in the reserve requirement ratio as well as policy rate cuts will likely happen in the first half of 2024.英大证券(Yingda Securities)首席宏观经济学家郑厚成(Zheng Houcheng)表示,进一步降低存款准备金率以及政策利率的降息可能会在2024年上半年发生。propertyn. 所有物,财产;地产,房地产;房地产股票(或投资)(properties)reserve requirement ratio n.存款准备金率
Interest rates have been sliding for seven centuries. Dive into the historical forces driving this trend and examine whether the recent interest rate spike is just a blip on the radar.Topics covered include:How the supply of savings and the demand to borrow impact interest ratesWhy have interest rates been falling for over 700 years, and what might have changed recently to propel rates higherHow lower rates have helped households increase their net worth and reduce their financial vulnerabilityWhat are some lower-risk ways to take advantage of higher interest ratesSponsorsMoney Pickle – Schedule a free 45-minute video chat with a vetted financial advisor and ask them anything about your financial situation. Go here to schedule your free session.LinkedIn Jobs – Use this link to post your job for free on LinkedIn JobsInsiders Guide Email NewsletterGet our free Investors' Checklist when you sign up for the free Money for the Rest of Us email newsletter.Show NotesThe Price of Money Is Going Up, and It's Not Because of the Fed by Jamie Rush, Martin Ademmer, Maeva Cousin, Tom Orlik, and Rich Miller—BloombergSecular stagnation is not over by Olivier Blanchard—Peterson Institute for International EconomicsA big problem looming for bond markets by TOMASZ WIELADEK—The Financial TimesEight centuries of global real interest rates - Paul Schmelzing - Bank of EnglandChanges in U.S. Family Finances from 2019 to 2022—The Federal ReserveA Complete Guide to Investing in I Bonds and TIPSRelated Episodes448: Where Are Interest Rates Headed Next? Insights from the Jackson Hole Symposium450: How Higher Interest Rates Alter Our Financial Blueprint452: Beyond Stocks: The Allure and Strategy of Credit InvestmentsSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
In this episode of GeoTech Wars, Kirti and Andrew are joined by Tom Orlik, chief economist at Bloomberg Economics, to discuss the consequences of the ongoing fragmentation of the global economy. The conversation examines why the international economic system is realigning and how the United States can avoid the worst outcomes.
Richard Bourke, Senior Analyst of Basic Materials with Bloomberg Intelligence, joins us to discuss US Steel reviewing strategic options after rejecting a takeover offer. Dan Ives, Senior Equity Analyst at WedBush Securities, joins us from Crete to round up the tech stocks post-earnings and give outlook for the coming quarters. Manuela Tobias, Economy and Government reporter with Bloomberg News, discusses the market moves in Argentina after the surprise election result. Tom Orlik, Chief Economist with Bloomberg Economics, joins to discuss the mounting economic pressures in China, from wealth management, to real estate, and to hedge funds. Matt Sigel, Head of Digital Asset Research at Van Eck Associates, joins us in studio to discuss the first SEC deadline to approve/disapprove of Blackrock's Bitcoin ETF. Matt Palazola, Senior Property & Casualty Insurance Analyst with Bloomberg Intelligence, joins to discuss insured losses from the Hawaii wildfires. Jay Vijayan, former Tesla Chief Information Officer and now the founder and CEO of Tekion, a tech company that provides car dealerships with software to simplify buying, discusses his company and outlook for the industry. Hosted by Paul Sweeney and Matt Miller.See omnystudio.com/listener for privacy information.
Tom Orlik, Chief Asia Economist with Bloomberg Economics, joins to discuss deflation in China. Odeta Kushi, deputy chief economist at First American, joins us to talk about housing and if the sector is headed for a “double dip recession.” Phil Palumbo, CEO and Founder of Palumbo Wealth Management, joins the program to discuss outlook for the economy and gives his stock picks. General Motors President Mark Reuss joins our Matt Miller for a conversation on his company and the industry. Detroit Bureau Chief for Bloomberg News David Welch joins us to debrief our interview with Mark Reuss and discuss electric vehicles. Ann Hand, CEO at Super League Gaming (NASDAQ: SLGG), joins to break down Roblox earnings and discusses immersive gaming outlook. Hosted by Paul Sweeney and Jess Menton.See omnystudio.com/listener for privacy information.
For decades, the United States and Saudi Arabia maintained an important strategic alliance, which gave the US access to Saudi oil in exchange for guaranteeing the kingdom's security. But growing tensions between the two nations now threaten to rupture this relationship.Bloomberg's Ziad Daoud, Tom Orlik, and Nick Wadhams join this episode to explain what's behind the US-Saudi rift, and why it could have far-reaching consequences for the US economy and potentially the 2024 presidential election. Read the story: US-Saudi Oil Pact Breaking Down as Russia Grabs Upper Hand Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK Have questions or comments for Wes and the team? Reach us at bigtake@bloomberg.net.See omnystudio.com/listener for privacy information.
Now that China has relaxed its Covid Zero policy, the world's second largest economy is rumbling back to life. As China once again starts to buy and consume goods and services of all kinds, it's expected to give the global economy a boost right when it's needed most. But there's a potential downside. China's enormous appetite for oil, soybeans, wheat and everything else could also boost inflation at the same time central banks are trying to contain rising prices.Bloomberg chief economist Tom Orlik and senior Asia economics correspondent Enda Curran join this episode to discuss what China's reopening means for the global economy and anyone trying to make ends meet. Read more on this story here: https://bloom.bg/40cPY1U Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK Have questions or comments for Wes and the team? Reach us at bigtake@bloomberg.netSee omnystudio.com/listener for privacy information.
Hosts Guy Johnson and Alix Steel spoke with Bloomberg's Eamon Farhat, Rachel Morison, Tom Orlik, Will Kennedy, and Vincent Cignarella.
Nathan Dean, Senior Policy Analyst with Bloomberg Intelligence, joins the show to discuss last night's Georgia runoff, outlook for Donald Trump and the GOP, and potential crypto legislation. Tim Lyne, CEO of Antares Capital, talks about private credit. Poonam Goyal, Senior Analyst: US Retailing with Bloomberg Intelligence, discuss Rent the Runway's big premarket move, recent earnings, and overall consumer outlook this holiday season and heading into 2023. Robert Teeter, Head of Investment Policy & Strategy Group at Silvercrest Asset Management, joins in studio to discuss sectors and stocks on the move and what could outperform the market amid various economic headwinds. Tom Orlik, Chief Economist with Bloomberg Economics, gives us an update on China, COVID easing, its property sector, and outlook going into 2023. Hosted by Paul Sweeney and Sonali Basak.See omnystudio.com/listener for privacy information.
Hosts Alix Steel and Guy Johnson speak with Bloomberg's Joe Mayes, Julian Lee, Tom Orlik, Sonali Basak, and Ed Ludlow.
In 2022 the world saw a war in Europe that triggered a crippling energy price shock, the largest and most synchronized monetary tightening in more than 30 years, and a sharp economic slowdown that appears to be worsening in China. As Bloomberg's chief economist - Tom Orlik and his colleagues describe, if each of these shocks were to intensify in 2023 it could take about 3 percentage points off global growth. But while things could get worse — they could also get better. Rachel Kelly speaks to Tom to find out more. …See omnystudio.com/listener for privacy information.
Dollar strength is fast becoming an Achilles heel for global economies, already grappling with geopolitical uncertainty and unmanageable inflation. Sterling's plunge this week after a stunning HM Treasury announcement added a layer to FX market turmoil. Tom Orlik, Dan Moss and Andreea Papuc join. We also speak with Justin Fox on how labor market participation in the US could help the Fed. See omnystudio.com/listener for privacy information.
In the wake of the Great Financial Crisis, China arguably led the world out of the downturn. Its gigantic fiscal stimulus not only boosted domestic growth, it also created an incredible amount of demand for commodities all around the world. Today the story is different. The government's Covid Zero policies have been a drag on growth and the real estate sector is deeply troubled, with a rise in homebuyers refusing to make mortgage payments. On top of that, the country is experiencing searing heat and drought. So how bad is it? Are things meaningfully worse than in previous downturns? To understand more, we speak with Tom Orlik, Chief Economist at Bloomberg Economics and author of the book "China: The Bubble that Never Pops." See omnystudio.com/listener for privacy information.
This week on the Sinica Podcast, Kaiser and Jeremy welcome back Tom Orlik, Bloomberg's chief economist and author of the book China: The Bubble that Never Pops. Ahead of the release of the new, updated edition of his book, we ask him about all that has changed in the two-and-a-half years since the publication of the first edition — and whether the real estate crisis, the Common Prosperity agenda, China's fraying foreign relations, or the COVID lockdowns are finally going to bring about the crash long predicted by the "China bears."4:40 – Tom offers a succinct summary of the chief arguments in the first edition of China: The Bubble that Never Pops8:05 – Is China looking quite as clever as it was four months ago?11:08 – The Chinese economy's great COVID shutdown stress test13:53 – China's stimulus response20:22 – The future of the Common Prosperity agenda25:49 – China's push for tech self-sufficiency33:00 – China's present real estate crisis38:15 – Xi Jinping's priorities: triage for the ailing Chinese economy44:00 – How bad will the damage be from China's 2022 lockdowns?A complete transcript of this podcast is available at TheChinaProject.com.Recommendations:Jeremy: The Parker series,: crime fiction by Richard Stark, pen name of Donald E. WestlakeTom: Surveillance State by Josh Chin and Liza Lin; and Coalitions of the Weak by Victor ShihKaiser: The TV drama from Hulu, The BearSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Hosts Guy Johnson and Alix Steel talk with Bloomberg's Tom Orlik about the GDP numbers out of China, Bloomberg's Sonali Basak on banks, and Bloomberg Political News Director Jodi Schneider to get the latest on President Joe Biden's trip to the Middle East.
Hosts Alix Steel and Guy Johnson speak with Bloomberg's Rosalind Mathieson, Poonam Goyal, and Tom Orlik. Plus, they hear from Morgan Stanley Chief Global Economist Seth Carpenter and The Conference Board Chief Economist Dana Peterson.
David Kudla, founder, CEO, and Chief Investment Strategist with Mainstay Capital Management, talks about the market reaction to the Ukraine war and how it shifts the economic outlook in 2022. Lauren Hein, Head of Advisor Relations at ROBO Global, talks about tech equities reacting to the Ukraine war. Tom Orlik, Chief Economist with Bloomberg Economics, discusses the Bloomberg “Big Take” story on the global economic implications of the war in Ukraine. June Grasso, host of “Bloomberg Law” and “Bloomberg Opinion,” discusses President Biden's Supreme Court pick. Hosted by Paul Sweeney and Matt Miller. See omnystudio.com/listener for privacy information.
When facing an economic crisis, the Fed's playbook normally skews toward juicing the economy too much rather than too little. After all, in the last go-round in 2007, being too stingy might have helped trigger a depression. Fifteen years later though, America's central bankers face the opposite problem: they need to move fast to cool inflation. That's one of the takeaways from a panel discussion among economists this week, moderated by Stephanie. With U.S. inflation at 7%, the Fed needs to do more than expected, said Bill Dudley, a former president of the New York Federal Reserve Bank and senior adviser to Bloomberg Economics. Dramatically raising interest rates by a half-point in March is worth a look, Dudley said, though unlikely to happen. Meantime, Bloomberg chief U.S. economist Anna Wong explains why U.S. workers, who've gone missing lately, are likely to rejoin the labor force soon. And, chief global economist Tom Orlik shares why President Xi Jinping isn't about to let China's economy implode while he seeks to cement lifetime power. Finally, on a lighter note, reporter David Hood shares everyone's frustrations with the IRS, where customer service is so bad that some tax professionals are hiring robots to wait in line for them. See omnystudio.com/listener for privacy information.
While still recovering from a coronavirus-induced recession, the U.S. may be rushing into a new downturn, this time thanks to inflation. Its economy faces no shortage of potential peril in 2022, Bloomberg chief economist Tom Orlik says, with the Federal Reserve looking set to raise interest rates to fight rising prices, and as Congress seems unlikely to pass any more big spending bills. That's one of the takeaways from the Stephanomics global preview of 2022, in which Stephanie and a panel of experts look into their crystal balls for political and economic insights. On the political front, French President Emmanuel Macron looks poised to win reelection in France next spring, but U.K. Prime Minister Boris Johnson faces a 40% chance of losing power, with "strong upward pressure" on that number, says Mujtaba Rahman of the political risk consultancy Eurasia Group. In the U.S., the fate of President Joe Biden and fellow Democrats may depend on inflation. With midterm elections on the horizon, they could be toast if it lingers too long, Bloomberg White House reporter Nancy Cook says. Bloomberg Green editor Aaron Rutkoff sees Biden being powerless to improve U.S. emissions if he can't get the climate component of his Build Back Better agenda passed. And Orlik sees a novelty in the U.S.-China relationship, where China will probably go its own way and cut interest rates while the U.S. raises them. See omnystudio.com/listener for privacy information.
One by one, countries that sought to stamp out Covid-19's spread with aggressive lockdowns are giving up zero-tolerance policies and learning to live with the virus. The most notable exception is China, which has decided to cling to the strategy. This week, the new attitude among many nations toward the coronavirus is getting a major test in Singapore, host of Bloomberg's New Economy Forum. The city-state recently experienced its biggest flare-up of the pandemic. In a special episode, Stephanie Flanders discusses Singapore's determination to move forward with the annual meeting of political, business and academic leaders with NEF editorial director Andrew Browne. In many ways, Singapore is intent on signaling it's open for business and that "remaining in lockdown just wasn't an option,'' Browne says. It's a gamble that others in the region are now taking, including New Zealand, which had been widely praised for containing the virus via severe restrictions on daily life, but hasn't been able to shake a steady infection rate. For now, China is bucking the shift away from zero-tolerance. It's still willing to shut down at the slightest hint of an outbreak. However, the approach is coming at great cost to its economy, Bloomberg chief economist Tom Orlik tells Flanders. With China also facing threats from energy shortages and distress in its giant real estate industry, the country's traditional 6% or 7% annual growth could be halved in 2022, Orlik warns. See omnystudio.com/listener for privacy information.
More than a decade after the U.S. subprime crisis sparked the Great Recession, the threat of default at giant property developer Evergrande is raising the prospect that ghost towns of unoccupied homes could trigger a China property slump. On this week's podcast, Hong Kong-based economics reporter Tom Hancock visits Evergrande to see how the company is trying to raise money and avoid default, including by trying to sell its headquarters. Guest host Tom Orlik delves into the issues with Rhodium Group Director Logan Wright and Bloomberg economist David Qu, a former financial stability regulator at the People's Bank of China. And finally, with Halloween just around the corner, Orlik ponders the scariest risks to the global economy with three Bloomberg economists: Anna Wong in Washington, Dan Hanson in London and Ziad Daoud in Dubai. See omnystudio.com/listener for privacy information.
Bloomberg Washington Correspondent Joe Mathieu delivers insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. Guests: Democratic California Congressman John Garamendi, Bloomberg Government Legislative Analyst Michael Smallberg, Tom Orlik, Bloomberg Economics Chief Economist, Bloomberg Politics Contributor Rick Davis and Roger Fisk, Democratic Strategist and Principal at New Day Strategy. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
Bloomberg Washington Correspondent Joe Mathieu delivers insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. Guests: Democratic California Congressman John Garamendi, Bloomberg Government Legislative Analyst Michael Smallberg, Tom Orlik, Bloomberg Economics Chief Economist, Bloomberg Politics Contributor Rick Davis and Roger Fisk, Democratic Strategist and Principal at New Day Strategy. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
Tom Orlik, Chief Economist for Bloomberg Economics, discusses his Big Take story, "Xi Jinping's Capitalist Smackdown Sparks a $1 Trillion Reckoning." David Katz, President and CIO of Matrix Asset Advisors, talks market action and gives his investment outlook. Tim Craighead, Senior European Strategist and Director of Research-Content for Bloomberg Intelligence, discusses EU Markets. Marcus Ashworth, Bloomberg Opinion Columnist, talks about his column, "Are We Stuck With a Stay-at-Home Recovery?" Hosted by Paul Sweeney and Matt Miller. (Kailey Leinz fills in for Paul Sweeney) Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
Host Alix Steel speaks with Andrea Felsted, Bloomberg Opinion Columnist, Tom Orlik, Chief Economist for Bloomberg Economics, Matthew Bloxham, Bloomberg Intelligence Media & Technology Analyst, and Vince Cignarella, Bloomberg Macro Strategist.
Bloomberg Washington Correspondent Joe Mathieu delivers insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. Guests: IHS Markit Vice Chariman Dan Yergin, Bloomberg Politics News Director Jodi Schneider, Bloomberg Economics Chief Economist, Tom Orlik, ReachOut Technology Founder Rick Jordan. To listen on the Bloomberg terminal, click on the player thumbnail on the sidebar. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
Bloomberg Washington Correspondent Joe Mathieu delivers insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. Guests: IHS Markit Vice Chariman Dan Yergin, Bloomberg Politics News Director Jodi Schneider, Bloomberg Economics Chief Economist, Tom Orlik, ReachOut Technology Founder Rick Jordan. To listen on the Bloomberg terminal, click on the player thumbnail on the sidebar. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
Our latest Macro Matters podcast welcomes Bloomberg’s Chief Economist, Tom Orlik, to discuss China and the widespread prediction that it's a bubble about to burst. Is the Chinese economy really on the cusp of collapse? Or have doom-mongers been getting it wrong?
This week we welcome Bloomberg's Chief Economist, Tom Orlik, to discuss China and the widespread prediction that it's a bubble about to burst. Is the Chinese economy really on the cusp of collapse? Or have doom-mongers been getting it wrong?Part 1 will cover the frequent oversimplification of the Chinese economy by outside observers, the long-term growth trajectory and how China performed during the Coronavirus outbreak.Part 2 questions the impact of the US Election on US-China relations whilst also touching on its 2060 zero-carbon commitment.
China is taking on an increasing amount of debt, on an unprecedented level anywhere else, to boost its economic growth, which is among the largest in the world. This financially risky behavior may lead to a potential crash. Especially, during the crisis caused by the COVID-19 pandemic and an ongoing “trade-war” with the United States. How has the financial situation of the Asian giant changed? How does it look like today? What financial challenges is China facing? What impact do the recent political decisions made by the United States have on China’s financial and economic situation? What might be the economic consequences of the China – US rivalry? What could contribute to the economic crash of China and how would it impact the rest of the world? We will pose these questions to Mr. Tom Orlik, Bloomberg’s Chief Economist, and author of a book “China: The Bubble that Never Pops”, which presents the financial and economic phenomenon of heavily indebted China and the country’s situation during the pandemic. The meeting will be hosted by Associate Professor Marcin Jacoby, Head of the Department of Asian Studies at SWPS University, and Zbigniew Niesobędzki, Ph.D., President of the Polish Chinese Business Council - a partner of the ChinaTalk series. Tom Orlik – Bloomberg’s Chief Economist, based in Washington DC. Formerly, Tom was the Chief Asia economist for Bloomberg and China economics correspondent for The Wall Street Journal, based in Beijing. Before spending a decade in China, he worked for the British Treasury, the European Commission, and the International Monetary Fund. He is the author of “Understanding China’s Economic Indicators” (FT Press) and “China: The Bubble that Never Pops” (OUP, 2020). Prof. Marcin Jacoby Sinologist, translator, expert on socio-political processes in East Asia, particularly China and Republic of Korea. He is also Head of the Department of Asian Studies at SWPS University, where he teaches literature, art, and cultural diplomacy in China and East Asian. Zbigniew Niesiobędzki, Ph.D. Economist with a career associated with investment funds. Over the years, he worked for Deloitte, and served as board member and member of supervisory boards of many companies in the telecommunications, construction, and furniture sectors. Currently, he is President of the Polish Chinese Business Council. About „ChinaTalk” series ChinaTalk is a series of interviews with leading global experts on China and East Asia, produced jointly by the Polish Chinese Business Council (PCBC) and SWPS University. Interviews are hosted by PCBC President, Mr. Zbigniew Niesiobędzki, and Professor Marcin Jacoby, Head of the Department of Asian Studies at SWPS University. ChinaTalk brings you the latest knowledge on the economy, social issues, management, and politics of China and East Asia. Our guest interpret the current developments and trends in the Chinese economy, and predict global, regional and bilateral outcomes of political decisions. Chinese relations with the European Union, and Poland in particular, constitute an important context of these discussions. The expert insights provide valuable input for business practitioners, analysts, as well as researchers and students interested in macroeconomics and global trade.
This week, we present - the inaugural Asia Matters Book Club episode. China has dominated the headlines this summer - and if you're looking for a good book to help you understand the country better, we have three excellent suggestions. The Wall Street Journal's Lingling Wei is back to talk through her new book, Superpower Showdown. Co-authored with her colleague Bob Davis, it's a detailed look at the US-China trade war and what its lasting effects on both countries might be. If you're not in the mood for current affairs, veteran journalist Michael Schuman's Superpower Interrupted: The Chinese History of the World, takes readers back thousands of years. As the name suggests, it's a rundown of the country's history as it's perceived in China itself, rather than by external observers. And finally Bloomberg Economic's chief economist Tom Orlik has written China: The Bubble That Never Pops, to explore the resilience of the modern Chinese economy. Despite years of dire warnings it's on the brink of collapse, it hasn't yet - but why?Support the show (https://paypal.me/asiamatterspod?locale.x=en_US)
After taking some time to welcome his newborn son, James returns to his co-hosting duties, as he and Elliott welcome Bloomberg Chief Economist Tom Orlik to the pod to discuss Tom’s new book China: The Bubble that Never Pops. Ell, James, and Tom discuss reasons to be optimistic about the future of the Chinese economy, and why it has avoided a major crisis in the decades following Reform and Opening Up. James and Elliott also cover a few other hot topics in the news recently, such as the prospect of a Tiktok ban in the US. Please note, the hosts may have interest in some of the stocks discussed. The discussion should not be construed as investment advice or a solicitation of services.Get the PDF of the China Consumer Index.Watchlist:TencentAlibabaBaiduiQiyiXiaomiJDPinduoduoMeituan-DianpingLuckin CoffeeHosts:Elliott Zaagman– @elliottzaagmanJames Hull– @jameshullxGuest:Tom Orlik - @TomOrlikEditorPeter IsachenkoPodcast information:iTunesSpotifyRSS FeedMusic: “Hey Ho” by Steve Jackson, Royalty Free Music
China’s buildup of debt to fuel economic growth has raised fears of an eventual collapse. So, what factors would precipitate such a collapse? And if one were to occur, how would it affect the rest of the world? How can Chinese policymakers guard against financial crisis? These are questions that Bloomberg Economics chief economist Tom Orlik takes up in his new book, China: The Bubble That Never Pops. Orlik joins David Dollar in this episode to discuss China’s economic growth model, the potential for reforms, and how the economy has responded to the trade war and COVID-19. Dollar and Sense is a part of the Brookings Podcast Network. Send feedback email to BCP@Brookings.edu, and follow us at @policypodcasts on Twitter.
For years and years, the Chinese economy has been characterized as a bubble, with too much debt, and a history of badly thought out, state-directed investment. Yet, for all of the dire warnings, the economy has continued to grow, and there hasn’t been a reckoning. So why is this? Is it only a matter of time before things all fall apart? Such questions are even more urgent in the wake of the COVID crisis, and questions the stability of the Chinese growth model during a time of weakened demand for Chinese-made goods. On this week’s episode, we speak with Tom Orlik, the Chief Economist at Bloomberg, and the author of the new book "China: The Bubble That Never Pops." He explains China’s resilience, and what could ultimately come back to haunt the Chinese economy.
Guests: Deepa, Mahajan, Partner at McKinsey and Company in San Francisco, Tom Orlik, Bloomberg Economics Chief Economist and author of the new book, "China, The Bubble That Never Pops," and Frank Maisano, Partner at Bracewell’s Policy Resolution Group. Bloomberg Businessweek host Jason Kelly spoke exclusively to LeBron James and Maverick Carter about James' mission to combat voter suppression.
Guests: Deepa, Mahajan, Partner at McKinsey and Company in San Francisco, Tom Orlik, Bloomberg Economics Chief Economist and author of the new book, "China, The Bubble That Never Pops," and Frank Maisano, Partner at Bracewell’s Policy Resolution Group. Bloomberg Businessweek host Jason Kelly spoke exclusively to LeBron James and Maverick Carter about James' mission to combat voter suppression.
This week on Sinica, Kaiser chats with Bloomberg’s chief economist, Tom Orlik, about his new book, China: The Bubble That Never Pops. A longtime resident of Beijing, Tom wrote for the Wall Street Journal before joining Bloomberg as chief Asia economist. His book argues that Beijing's leaders have learned valuable lessons from their own history and from the experiences of other countries, and applied them well to China's own economy. 5:33: The bears have it wrong on China10:08: Debt obligations and local government finance18:29: What the Chinese leadership has learned, and what it hasn’t30:21: Shadow loans, and the shadow banking sector 47:42: The tools that China’s central banks have to deal with riskRecommendations:Tom: China’s Unfinished Economic Revolution, by Nicholas R. Lardy, and The Story of the Stone, or The Dream of the Red Chamber, Vol. 1: The Golden Days, by Cáo Xuěqín 曹雪芹, translated by David Hawkes.Kaiser: The 2010 Chinese television series Three Kingdoms.
Joe Nocera, Bloomberg Opinion columnist, discusses his column: Lockdowns Haven’t Proved They’re Worth the Havoc. Twenty co-founder Jared Allgood, discusses Healthy Together, the contact tracing app deployed by the state of Utah to contain the spread of COVID-19. Yvonne Man, Anchor for Daybreak Asia and Bloomberg Markets: China Open for Bloomberg, and Tom Orlik, Chief Economist for Bloomberg Economics, on the China crackdown on Hong Kong independence. Nick Colas, co-Founder of DataTrek Research, on why more than 30 COVID-damaged companies may get ditched from the S&P. Hosted by Lisa Abramowicz and Paul Sweeney.
Timothy O'Brien, Senior Columnist for Bloomberg Opinion, on his column, "Trump Views Post Office as Way to Settle Scores." Nick Bloom, Economics Professor at Stanford, and senior fellow at the Stanford Institute for Economic Policy Research (SIEPR), discusses his research on the productivity pitfalls of working from home. Tom Orlik, Chief Economist for Bloomberg Economics, on why a $6 trillion recession is an optimistic scenario. James Sinclair, CEO of Enterprise Alumni, an HR tech company, on how companies are mobilizing their entire workforce now - including those that have either left or retired - to prepare for reopening the economy.
Stai ascoltando un estratto gratuito di Ninja PRO, la selezione quotidiana di notizie per i professionisti del digital business. Con Ninja PRO puoi avere ogni giorno marketing insight, social media update, tech news, business events e una selezione di articoli di approfondimento dagli esperti della Redazione Ninja. Vai su www.ninja.it/ninjapro per abbonarti al servizio.Una crisi da 6 Trilioni di dollari. L'economia è "entrata in una recessione di velocità e gravità senza precedenti, con la maggior parte dei settori avanzati che stanno affrontando la loro performance più debole dai tempi della Grande Depressione", hanno scritto Tom Orlik e Jamie Rush in un rapporto su Bloomberg. "Rispetto alle aspettative di inizio anno, il costo della perdita di produzione è di oltre 6.000 miliardi di dollari", hanno scritto.Consegne a domicilio robotiche. Piccoli robot che eseguono consegne di cibo, sono stati considerati come poco più di un esperimento. Ma ora le aziende che li producono hanno visto una crescita enorme dovuta al COVID-19. Con costi più bassi, i robot potrebbero rendere il take-away più popolare che mai, spostando gradualmente le consegne di cibo guidate dall'uomo.La nuova norma per i CEO è non rilasciare proiezioni. In tutti gli ultimi dati rilasciati dalle aziende USA sul trimestre appena passato vi è stato un fattore comune, nessuno ha dato proiezioni per i prossimi trimestri. Secondo Bloomberg, infatti, la parola più utilizzata da ben tre quarti delle compagnie dell'indice S&P 500 è stata "senza precedenti", indicando dunque l'impossibilità per ora di fare previsioni attendibili.
For years, a small band of economists pushed an unorthodox approach to government spending (particularly in the U.S.), arguing that concern about deficits and debt was wildly overblown. Now, with measures to contain the novel coronavirus shutting down commerce around the world, and fiscal authorities spending trillions of dollars to fill the gap, it’s starting to become more popular. Stephanie Kelton, an economist and adviser to Senator Bernie Sanders, the now-former Democratic presidential candidate, has been one of the most prominent advocates of Modern Monetary Theory. On this week’s episode, host Stephanie Flanders talks with Kelton about her thoughts on the fiscal response so far, and whether President Donald Trump has indeed joined the crowd of MMT advocates. Tom Orlik, Bloomberg’s chief economist, also puts the government and central bank actions into perspective, while global trade correspondent Shawn Donnan discusses how his beat has changed during the pandemic.
Mark Rosenberg, founder and CEO of GeoQuant, discusses political risk and what their model says about the 2020 election. Ben Emons, Managing Director: Global Macro Strategy at Medley Global Advisors, on why the decline in bond yields could be good for stocks. Tara Lachapelle, Bloomberg Opinion columnist, discusses what investors will be looking for in Berkshire Hathaway's annual letter. Tom Orlik, Chief Economist for Bloomberg Economics, discusses how the coronavirus is threatening global growth.
Greg Farrell, investigative legal reporter for Bloomberg, on the Saudi Crown Prince implicated in the hack of Jeff Bezos' phone. Tom Orlik, Chief Economist for Bloomberg Economics, on the economic risks of the new coronavirus in China. Doug Duncan, Chief Economist at Fannie Mae, on housing data and the housing market outlook for 2020. Wendy Schiller, Chair of Political Science at Brown University, on the Senate impeachment trial of President Trump. Hosted by with Lisa Abramowicz and Paul Sweeney.
This week’s episode of Stephanomics comes to you from Beijing, where Bloomberg hosted the second annual New Economy Forum, bringing together global leaders to discuss how to solve the world’s biggest challenges. Stephanie Flanders first interviews Nicholas Stern, one of the world’s foremost experts on climate change and economics—a combined subject that’s gained increasing urgency for policymakers. Stern is a former adviser to the U.K. government and now chair of the Grantham Research Institute on Climate Change at the London School of Economics. Then we have Zhu Min, a former senior official at China’s central bank as well as the International Monetary Fund. He joins Flanders to discuss key issues in the global economy as well as the U.S.-China trade war. Finally, we’ll hear excerpts from a panel discussion on a Bloomberg Economics report called Drivers and Disrupters, addressing the forces threatening the world’s hottest economies. Speakers include Tom Orlik, Bloomberg’s chief economist, and former HSBC Chief Economist Stephen King.
Hosted by Carol Massar and Jason Kelly. Featuring highlights from Bloomberg Businessweek’s special, New Economy issue: -Tom Orlik tracks the forces threatening the World's hottest economies -Jana Randow previews how Christine Lagarde will run the ECB -Max Chafkin explains how the 'Superblock' revolution is making cities safer and cleaner -Cristina Lindblad details some ideas to power up growth from Brazil to Saudi Arabia
Hosted by Carol Massar and Jason Kelly. Featuring highlights from Bloomberg Businessweek's special, New Economy issue: -Tom Orlik tracks the forces threatening the World's hottest economies -Jana Randow previews how Christine Lagarde will run the ECB -Max Chafkin explains how the 'Superblock' revolution is making cities safer and cleaner -Cristina Lindblad details some ideas to power up growth from Brazil to Saudi Arabia Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
Tom Orlik, Bloomberg Economics Chief Economist, updates us on trade talks between the U.S. and China. Andrew Hollenhorst, Citi Chief U.S. Economist, says the slowdown in Chinese manufacturing began before we had an escalation of trade tensions. Jeremy Stretch, CIBC Head of G10 FX Strategy, discusses why scheduled tariffs will be pushed "further into the distance" if progress is made. Betsy Graseck, Morgan Stanley Head of Banks and Diversified Finance Research, discusses what to watch as U.S. banks report third-quarter earnings this week. And David Sowerby, Ancora Managing Director & Portfolio Manager, says what we know for certain is that CEOs don't like uncertainty. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
Tom Orlik, Bloomberg Economics Chief Economist, updates us on trade talks between the U.S. and China. Andrew Hollenhorst, Citi Chief U.S. Economist, says the slowdown in Chinese manufacturing began before we had an escalation of trade tensions. Jeremy Stretch, CIBC Head of G10 FX Strategy, discusses why scheduled tariffs will be pushed "further into the distance" if progress is made. Betsy Graseck, Morgan Stanley Head of Banks and Diversified Finance Research, discusses what to watch as U.S. banks report third-quarter earnings this week. And David Sowerby, Ancora Managing Director & Portfolio Manager, says what we know for certain is that CEOs don't like uncertainty.
Tom Orlik, Bloomberg Economics Chief Economist, says the fact that the Chinese delegation are in the U.S. suggests they want a trade deal. Kathy Fisher, Bernstein Head of Wealth & Investment Strategies, foresees slower economic growth. Lara Rhame, FS Investments Chief U.S. Economist, discusses why it's critical to get the next rounds of tariff hikes suspended. Lionel Laurent, Bloomberg Opinion Columnist, thinks the worst-case scenario for Brexit just improved. And Gene Munster, Loup Ventures Co-Founder, says Apple's wearable products will likely drive the company's stock higher in the future. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
Tom Orlik, Bloomberg Economics Chief Economist, says the fact that the Chinese delegation are in the U.S. suggests they want a trade deal. Kathy Fisher, Bernstein Head of Wealth & Investment Strategies, foresees slower economic growth. Lara Rhame, FS Investments Chief U.S. Economist, discusses why it's critical to get the next rounds of tariff hikes suspended. Lionel Laurent, Bloomberg Opinion Columnist, thinks the worst-case scenario for Brexit just improved. And Gene Munster, Loup Ventures Co-Founder, says Apple's wearable products will likely drive the company's stock higher in the future.
We take a special focus on various aspects of the Chinese economy and its position within the global landscape. We've been speaking with the likes of Julia Lovell, author of Maoism, A Global History. Tom Orlik the chief economist for Bloomberg Economics and author of "Understanding China's Economic Indicators" talks to us about the bigger picture in terms of China's global positioning. Also we hear from Stefan Nicola, Bloomberg’s Telecoms, Media and Technology reporter, on why 5G is a major front in the trade ‘war’ between China and the US - with Europe in the middle. Taking Stock is brought to you in association with PwC Ireland.
Porter Bibb, Managing Partner for MediaTech Capital Partners, on Disney's strategy taking hold, despite weak results this quarter. Jim Bianco, President and Founder of Bianco Research, on Fed and markets converging the global economy. Tom Orlik, Chief Economist for Bloomberg Economics, on Asia Pacific banks delivering surprise interest-rate decisions, and what this could mean for the Fed. Satish Jindel, President of SJ Consulting, and Thomas Black, transportation reporter for Bloomberg, on Fedex reducing its independence on Amazon. Hosted by Lisa Abramowicz and Paul Sweeney.
Chris Hyzy, Chief Investment Officer at Bank of America Global Wealth & Investment Management, with his mid-year outlook and asset allocation changes to consider. Tad Rivelle, Chief Investment Officer for Fixed Income at TCW Group, on why more stimulus may be a bridge to nowhere. Tom Orlik, Chief Economist for Bloomberg Economics, on why we could expect more weakness out of China. Matt Jozwiak, former Eleven Madison Park chef and now head of the Brooklyn-based nonprofit Rethink on the economic cost of food waste. Hosted by Lisa Abramowicz and Paul Sweeney.
On this week's episode, former Obama administration official Wendy Cutler draws on her deep experience as a trade negotiator to offer her views on the tariff standoff between the U.S. and China. Guest host Tom Orlik, Bloomberg's chief economist, also gets an inside look at the talks from reporter Jenny Leonard in Washington. Meanwhile, reporter Ivan Levingston sheds light on how Israel is desperate to fill jobs and is turning to a religious group that's also crucial to Prime Minister Benjamin Netanyahu's ruling coalition.
Where are there more millennials than in North America, Europe and the Middle East combined, who are vastly different from their parents' generation? China, of course. Kevin Hamlin reports on how these young people are redefining the world's second-biggest economy -- and also the world. Host Stephanie Flanders then turns to Andrew Browne, head of Bloomberg's New Economy Forum, and Bloomberg chief economist Tom Orlik for their perspective what makes Chinese millennials special and the impact they will have. Finally, Bloomberg senior trade reporter Shawn Donnan returns to Stephanomics to talk about the latest developments in the U.S.-China tariff war.
Brooke Sutherland,Bloomberg Opinion Deals and Industrials Columnist, describes General Electric’s new boss Larry Culp pledging a rebound in cash flow next year after a “reset” in 2019. Andrea Auerbach, Global Head of Private Investments at Cambridge Associates, discusses investors looking for more return and driving capital into the private market. Kathleen Hays, Bloomberg News Global Economics and Policy Editor, and Tom Orlik,Chief Economist for Bloomberg Economics, break down why there are reasons to expect the current slowdown in the world economy will prove short-lived. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Technology Reporter Sarah Frier talk about the Businessweek cover story about Facebook's never-ending content crisis. And we Drive to the Close of markets with Hank Smith, Co-Chief Investment Officer at Haverford Trust. Hosts: Carol Massar and Jason Kelly. Producer: Paul Brennan
Brooke Sutherland,Bloomberg Opinion Deals and Industrials Columnist, describes General Electric's new boss Larry Culp pledging a rebound in cash flow next year after a “reset” in 2019. Andrea Auerbach, Global Head of Private Investments at Cambridge Associates, discusses investors looking for more return and driving capital into the private market. Kathleen Hays, Bloomberg News Global Economics and Policy Editor, and Tom Orlik,Chief Economist for Bloomberg Economics, break down why there are reasons to expect the current slowdown in the world economy will prove short-lived. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Technology Reporter Sarah Frier talk about the Businessweek cover story about Facebook's never-ending content crisis. And we Drive to the Close of markets with Hank Smith, Co-Chief Investment Officer at Haverford Trust. Hosts: Carol Massar and Jason Kelly. Producer: Paul Brennan Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
Milton Ezrati, independent economics and investment strategy consultant and chief economist for Vested, discusses why Europe is a slow-moving car crash. Greg La Blanc, Lecturer at Haas School of Business and Berkeley Law School at the University of California Berkeley, discusses fintech innovation in the asset management industry. Steve Meyer, Head of Global Wealth Management Services at SEI, on the big changes in the financial services industry. Tom Orlik, Chief Economist for Bloomberg Economics, discusses the latest news on the US-China trade deal, and China's planned cut to the VAT for factories. Hosted by Lisa Abramowicz and Paul Sweeney, broadcasting live from the SEI Executive Conference in Scottsdale, AZ.
It's the equivalent of an economic arms race. In the decade since the global financial crisis, China has vaulted up the ranks of nations that control the world economy and directly challenge U.S. domination. The new paradigm will shape economic governance for decades to come. At stake: whether China bends to the values espoused by Western-led liberal democratic institutions -- or ends up remolding them. Enda Curran hits the streets of Hong Kong to figure out what’s going on. After, Stephanie sits down with Tom Orlik and Andrew Browne to chew over Enda’s findings.
Jim Corridore, Equity Analyst at CFRA Research, and Karen Ubelhart, Bloomberg Intelligence Industrials Analyst, discuss General Electric plunging the most in three years after the company disclosed an expanded federal accounting probe and worsening troubles at its ailing power business. Mark Gurman, Bloomberg News Tech Reporter, breaks down Apple’s announcement that it’s giving the iPad the most extensive upgrade since 2015. Lisa Ellis, Senior Equity Analyst at MoffettNathanson, and Bloomberg News Tech Reporter Gerrit De Vynck, talk about IBM CEO Ginni Rometty staking her legacy on the $33 billion acquisition of Red Hat. Tom Orlik, Bloomberg Economics Chief Economist, explains how major economies could suffer if the U.S.-China trade war intensifies. And we Drive to the Close of the market with Janelle Woodward, President of Fixed Income at BMO Global Asset Management. Hosts: Carol Massar and Jason Kelly. Producer: Paul Brennan
Jim Corridore, Equity Analyst at CFRA Research, and Karen Ubelhart, Bloomberg Intelligence Industrials Analyst, discuss General Electric plunging the most in three years after the company disclosed an expanded federal accounting probe and worsening troubles at its ailing power business. Mark Gurman, Bloomberg News Tech Reporter, breaks down Apple's announcement that it's giving the iPad the most extensive upgrade since 2015. Lisa Ellis, Senior Equity Analyst at MoffettNathanson, and Bloomberg News Tech Reporter Gerrit De Vynck, talk about IBM CEO Ginni Rometty staking her legacy on the $33 billion acquisition of Red Hat. Tom Orlik, Bloomberg Economics Chief Economist, explains how major economies could suffer if the U.S.-China trade war intensifies. And we Drive to the Close of the market with Janelle Woodward, President of Fixed Income at BMO Global Asset Management. Hosts: Carol Massar and Jason Kelly. Producer: Paul Brennan Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
The New Economy kicks off with Bloomberg reporter Kevin Hamlin’s quest for a curious text called The Green Book, a publication that supposedly provides a vivid look into the long term trade goals of China’s state-sponsored push to dominate technologies of the future. Also, Stephanie sits down with Bloomberg’s Tom Orlik to discuss whether China could possibly achieve their lofty goals, and what consequences their success—or failure—would have.
Peter Kraus, Founder and Partner of Aperture Investors and former CEO of AllianceBernstein, on launching a new approach to fund management: performance-based pay, and fees only if they beat the market. Lananh Nguyen, FX reporter for Bloomberg, on how dollar traders see the Fed's next rate hike as a big sell signal. Tom Orlik, Chief Economist for Bloomberg Economics, discusses the impact of a drawn out U.S.-China trade war, and China's plan for an import tax cut. Shira Ovide, Bloomberg Opinion columnist, on Amazon's new disruption target: convenience stores. Hosted by Pimm Fox and Lisa Abramowicz.
Nick Colas, co-founder of Datatrek Research and a Bloomberg Prophet, discusses how much the market could be at risk with a corporate tax cut delay. Chris Macke, founder of Solutionomics and Federal Reserve Beige Book contributor, and Laura Davison, a tax reporter at Bloomberg, talk about the latest developments in the GOP tax bills and a proposal to reward job creators through earned corporate tax cuts. Tom Orlik, chief Asia economist at Bloomberg Intelligence, discusses China removing limits on foreign ownership of Chinese banks and asset managers. Finally, Lindsey Rupp, a specialty retail reporter at Bloomberg, talks about JC Penney earnings.
Maglan Capital President David Tawil discusses tightening spreads and growing risks in the high yield market. Sid Verma, a markets reporter at Bloomberg in London, tells Pimm Fox and Lisa Abramowicz how the Big Three credit raters ducked reform after the subprime mortgage crisis and have a tighter grip on business than before. Shira Ovide, a Bloomberg Gadfly columnist covering technology, talks about how Apple investors have been so trained to look ahead that they're ignoring the pedestrian present. Finally, Tom Orlik, chief Asia economist at Bloomberg Intelligence, discusses reports that the White House is preparing a trade case against China.
Tom Orlik, chief Asia economist at Bloomberg Intelligence, talks about reports that China is pressuring Anbang to sell its offshore assets and bring proceeds home in a clampdown on the nation's biggest overseas dealmakers. Richard Conn, a managing partner at Eurasia Advisors, discusses the Trump-Russia controversy. Phil Orlando, chief equity strategist at Federated Investors, weighs in on the stock markets, valuations and earnings. Finally, Paul Sweeney, U.S. director of research and senior media/internet analyst at Bloomberg Intelligence, talks about news that Discovery is buying Scripps for $11.9 billion to form a cable giant and that SoftBank is said to be planning a direct offer for Charter.
Salim Morsy, an advanced transport analyst at Bloomberg New Energy Finance, says electric cars will be dominating the market by 2040. Thierry Wizman, a global interest-rate strategist at Macquarie Capital, tells Pimm Fox why the drop in oil prices will suppress an upturn in 10-year bond yields, even if the Fed continues with its plans to raise rates. Tom Orlik, the chief Asia economist at Bloomberg Intelligence, talks about China, G-20 and the Fed. Finally, Eli Lake, a Bloomberg View columnist, discusses the options the U.S. has with North Korea: acquiescence or war.
Tom Orlik, the Chief Asia Economist from Bloomberg and author of the book “Understanding China’s Economic Indicators”, joined us in an interesting conversation in analysing China’s economy and helped us to understand how reliable the economic indicators are. We start from a primer to how one navigate across the aims of the Chinese government with The post Episode 99: Understanding China’s Economic Indicators with Tom Orlik appeared first on Analyse Asia.
With equity markets in free fall, housing prices skipping downwards, foreign reserves plummeting and industrial production on a road trip back to the last decade, it's no surprise that permabears like Gordon Chang are stocking up on popcorn to bask in what they see as the long-due collapse of the Chinese economy. It all raises the question of how bad things are going to get, which leads to the question of how bad they are right now. Joining Kaiser Kuo, Jeremy Goldkorn and David Moser in the studio today to talk about the Chinese economy and its recent tailspin is none other than Tom Orlik, an economist at Bloomberg and author of the book Understanding China's Economic Indicators. Tom has years of experience writing about China and joins to share his thoughts on what parts of the economy are doing decently and where the real problems lie. Recommendations: Jeremy Goldkorn A People’s Friendship, by James Palmer http://www.chinafile.com/reporting-opinion/postcard/peoples-friendship David Moser Billionaires, by Darrel M West http://www.amazon.com/Billionaires-Reflections-Darrell-M-West/dp/0815725965 New Koch, by Jane Mayer http://www.newyorker.com/magazine/2016/01/25/new-koch Tom Orlik Outside Over There, by Maurice Sendak http://www.amazon.com/Outside-Over-There-Caldecott-Collection/dp/0064431851 The Adventures of Augie March, by Saul Bellow http://www.amazon.com/Adventures-Augie-March-Penguin-Classics/dp/0143039571 Kaiser Kuo Mass Flourishing, by Edmund Phelps http://www.amazon.com/Mass-Flourishing-Grassroots-Innovation-Challenge/dp/0691165793/