1
00:00:02,520 --> 00:00:13,840
Speaker 1: Bloomberg Audio Studios, podcasts, radio news, A single.

2
00:00:13,560 --> 00:00:16,319
Speaker 2: Most idea very quickly here Steven Englander in one a

3
00:00:16,360 --> 00:00:19,760
Speaker 2: wonderful hour. The whole thing about surveillance is you want

4
00:00:19,800 --> 00:00:22,520
Speaker 2: to get back to back to back great conversations for Global,

5
00:00:22,560 --> 00:00:24,840
Speaker 2: Wall Street and all the people interested in you know

6
00:00:24,880 --> 00:00:27,440
Speaker 2: what we do if Steven Englander, Michael Mayo and Free

7
00:00:27,440 --> 00:00:30,720
Speaker 2: of Beamish back to back, that's the way we roll,

8
00:00:30,800 --> 00:00:33,960
Speaker 2: and our team did a great job piecing that together.

9
00:00:34,040 --> 00:00:37,159
Speaker 2: Some of its spur the moment. Here's Steven Englander. A

10
00:00:37,200 --> 00:00:40,680
Speaker 2: standard charter on the long term and the short term

11
00:00:40,800 --> 00:00:41,400
Speaker 2: of the dollar.

12
00:00:41,880 --> 00:00:45,600
Speaker 3: If Powell is correct, if Worsh is correct, if we

13
00:00:45,680 --> 00:00:49,000
Speaker 3: are correct that it's surging. You know, we're kind of

14
00:00:49,040 --> 00:00:51,200
Speaker 3: back to the late nineties, which was a very good

15
00:00:51,200 --> 00:00:54,680
Speaker 3: period for US. But that's in the medium and long term.

16
00:00:55,120 --> 00:00:57,920
Speaker 3: Shorter term, I think we're going to see US policy

17
00:00:58,040 --> 00:01:02,520
Speaker 3: become more cautious. I mean focus being the midterm elections.

18
00:01:02,640 --> 00:01:04,920
Speaker 3: You know, doing a trade deal with India as a positive,

19
00:01:05,040 --> 00:01:07,840
Speaker 3: sort of threatening to invade Greenland as a negative. So

20
00:01:07,880 --> 00:01:11,399
Speaker 3: I expect the temperature to really calm down, and you know,

21
00:01:11,560 --> 00:01:14,520
Speaker 3: dollar to appreciate very gradually, get rid of some of

22
00:01:14,560 --> 00:01:17,200
Speaker 3: the risk premium that accumulated in January.

23
00:01:17,600 --> 00:01:20,160
Speaker 2: Steven Angelo. They're a great conversation with him about his

24
00:01:20,240 --> 00:01:24,080
Speaker 2: colleague at Yeale, Barry Ke and Green, the giant at Berkeley.

25
00:01:24,160 --> 00:01:26,479
Speaker 2: Iike Green is out with a new book. We promise

26
00:01:26,520 --> 00:01:30,520
Speaker 2: we'll get him on here at some point. Meredith Whitney

27
00:01:30,520 --> 00:01:33,400
Speaker 2: and today I had to do the obligatory conversation. The

28
00:01:33,440 --> 00:01:37,039
Speaker 2: president wants ten percent credit card rates right now. The race,

29
00:01:37,120 --> 00:01:39,560
Speaker 2: she says, is nineteen point sixty five percent. And we

30
00:01:39,600 --> 00:01:42,399
Speaker 2: talked about what all that means. A very really, really

31
00:01:42,440 --> 00:01:47,720
Speaker 2: interesting point with Meredith Whitney. But here Miss Whitney talking

32
00:01:47,760 --> 00:01:50,320
Speaker 2: about a colleague, Kevin worsh.

33
00:01:50,480 --> 00:01:53,960
Speaker 4: I've known Kevin since my twenties, I mean just a

34
00:01:53,960 --> 00:01:57,800
Speaker 4: little while ago, and friends of mine actually from Lawrenceville.

35
00:01:57,800 --> 00:02:00,400
Speaker 4: I went to Stanford introduced me because she's a Stanford

36
00:02:00,640 --> 00:02:03,680
Speaker 4: I've seen him in action and he is like people

37
00:02:03,840 --> 00:02:07,160
Speaker 4: love him. He talks to everybody. He's got you know,

38
00:02:07,320 --> 00:02:09,359
Speaker 4: he's got sway with everybody.

39
00:02:09,760 --> 00:02:12,600
Speaker 2: What do you say to the critics of mister Warsh

40
00:02:12,960 --> 00:02:15,440
Speaker 2: before these contentious hearings, Well, the biggest.

41
00:02:15,120 --> 00:02:16,880
Speaker 4: Credits are like, oh, he doesn't have a PhD. He's

42
00:02:16,880 --> 00:02:20,679
Speaker 4: not qualified. He's he's robustly qualified, and I think people

43
00:02:20,720 --> 00:02:23,160
Speaker 4: are going to be very pleasantly surprised with a way

44
00:02:23,200 --> 00:02:26,000
Speaker 4: he's We'll be able to parse the message that is

45
00:02:26,200 --> 00:02:27,320
Speaker 4: pleasing to everybody.

46
00:02:27,720 --> 00:02:30,120
Speaker 2: Meredith Whitney and we talked about Visa just as one

47
00:02:30,160 --> 00:02:33,720
Speaker 2: of our successes over the years. It's Meredith Whitney Advisory

48
00:02:33,960 --> 00:02:38,240
Speaker 2: Group on podcasts on Apple, on Spotify, Good Morning to

49
00:02:38,240 --> 00:02:42,760
Speaker 2: the Pacific rim as well huge listenership there for Spotify

50
00:02:42,840 --> 00:02:48,919
Speaker 2: and on YouTube podcasts. It's single best idea