Bloomberg Surveillance cover image

Bloomberg Surveillance

Surveillance: Concern, Not Fear with Calvasina

Oct 2, 2023
Lori Calvasina, RBC Capital Markets Head of US Equity Strategy, discusses concern in markets during the potential government shutdown. Jordan Rochester, Nomura G-10 FX Strategist, explores the possibility of EUR-USD parity. Mike Darda, Roth MKM Chief Economist & Macro Strategist, discusses unwinding yield trades. Rep. French Hill (R) Arkansas, talks about congress averting a shutdown.
32:07

Podcast summary created with Snipd AI

Quick takeaways

  • Concern, not fear, observed in markets during the potential government shutdown.
  • There is potential for bipartisan solutions on certain issues through collaborations between centrist Democrats and Republicans.

Deep dives

Kevin McCarthy likely to survive as Speaker of the House

Kevin McCarthy, the current Speaker of the House, is expected to survive a motion to vacate the chair. He has strong support from over 200 members of the Republican Party.

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