Bloomberg Surveillance Single Best Idea with Tom Keene: Claudia Sahm & Adam Posen
May 2, 2025
Delve into the optimistic trends in the job market as experts analyze its impact on the economy and stock market. Uncover the ramifications of aggressive economic strategies like tariffs on U.S.-China relations. The discussion also highlights the essential role of research institutions in maintaining global competitiveness, with a caution against compromising education vital for innovation. It's a captivating look at how current policies could shape the future.
AI Snips
Chapters
Transcript
Episode notes
No Recession Currently
- Claudia Sahm asserts that the current economic situation is not a recession.
- She emphasizes the distinction between slowdown and recession for accurate economic understanding.
Slow Down Policymaking
- Policymaking should be slowed down to avoid excessive damage.
- The White House must act to reduce tariff costs before consequences worsen.
Research Capacity Under Threat
- Adam Posen warns the Trump administration is harming U.S. research capabilities, especially biomedical research.
- This undermines America's economic and defense advantages and could lead others to fill the talent gap.