Bloomberg Surveillance Single Best Idea with Tom Keene: Claudia Sahm & Amy Wu Silverman
4 snips
Oct 3, 2025 Tom dives into the impact of the recent Taylor Swift drop, sharing listener reactions and guest insights on the event. Claudia Sahm discusses the challenges posed by the absence of September jobs data due to the government shutdown, emphasizing its effects on labor market visibility. Meanwhile, Amy Wu Silverman explores how market hedging has evolved post-COVID, highlighting shifts in correlations and strategies following changes in major tech stocks. A mix of fun and serious topics keeps the conversation engaging!
AI Snips
Chapters
Transcript
Episode notes
Taylor Swift Drop As Cultural Anecdote
- Tom Keene recounts surviving the "Taylor Swift drop" and mentions Amy Wu Silverman's plans to attend with her daughter.
- He frames the event as cultural noise juxtaposed with market coverage and audience reactions.
Missing Jobs Data Blurs Economic Vision
- Claudia Sahm emphasizes that missing the September jobs report impairs our economic vision.
- She notes we still receive lots of data, but the absence of a labor-market slack measure is meaningful.
Reported Data Can Be Unavailable Despite Existing
- Claudia Sahm points out the September employment numbers exist but were not published due to nonessential staff being furloughed.
- The lack of that private-sector slack measure leaves forecasters and policymakers less certain.