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Bloomberg Surveillance

Bloomberg Surveillance TV: April 22, 2024

Apr 22, 2024
Michael O'Rourke is bearish on equities, recommends buying US treasuries. Tasnim Ghiawadwala says client balance sheets strong. Nadia Calvino discusses EIB's aid to Ukraine, importance of developing Europe's defense sector.
25:32

Podcast summary created with Snipd AI

Quick takeaways

  • Bearish outlook on equities, recommendation to buy US treasuries.
  • Client balance sheets remain strong despite challenging environment.

Deep dives

Stock Market Recap and Evaluation

The podcast delves into the daily market recap, emphasizing stock updates, monetary policy decisions, and key statistics affecting trading. It highlights insights from the Schwab Market Update, mentioning the importance of companies balancing spending versus increased costs. It discusses the impact of transitioning to NetSuite by Oracle for businesses, underlining the benefits of unifying financial systems to reduce costs and errors.

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