Bloomberg Surveillance

Bloomberg Surveillance TV: October 1, 2024

Oct 1, 2024

Seema Shah, Chief Global Strategist at Principal Asset Management, shares her optimistic view that a recession is unlikely in the near term. Rep. Lisa McClain discusses the crucial economic issues affecting voters in Michigan, highlighting the struggles families face. Neil Dutta, from Renaissance Macro Research, warns that economic growth may not sufficiently prevent rising unemployment. The conversation also touches on market trends, inflation, and the impact of monetary policy on the economy.

25:30

Creator website

Episode guests

Neil Dutta

Rep. Lisa McClain

Seema Shah

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Episode notes

Podcast summary created with Snipd AI

Quick takeaways

Seema Shah indicates that a recession is unlikely in the next 18 months, suggesting a potentially stable economic outlook.

The podcast emphasizes the importance of China's stimulus measures, which may positively influence global markets despite limited spillover effects.

Deep dives

Instagram Teen Accounts and Safety Features

New Instagram accounts for teens come equipped with automatic safety features designed to protect their online experience. These protections include built-in limits on who can contact them and the types of content they can view. Additionally, individuals under the age of 16 are required to obtain parental approval to modify any safety settings, further enhancing their security. This initiative aims to help teens connect safely with friends and interests while reducing potential risks associated with social media use.

Intro

2min

Cautious Optimism in Global Markets

6min

Economic Trends and Personal Growth

3min

Economic Challenges in Michigan

8min

Navigating Economic Uncertainty: Investments and Inflation Insights

3min

Navigating Economic Uncertainty

6min

Anticipating the Box Office and the Importance of Mental Health Support

2min

- Seema Shah, Principal Asset Management Chief Global Strategist
- Rep. Lisa McClain (R-MI), Chairwoman of Financial Services Oversight Subcommittee
- Neil Dutta, Renaissance Macro Research Head of US Economic Research

Seema Shah of Principal Asset Management says a recession is unlikely over the next 18 months. Representative Lisa McClain says the economy is crucial for voters, particularly in her swing state of Michigan. Neil Dutta of Renaissance Macro Research believes growth may not be strong enough to keep the unemployment rate from rising.

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