WEBVTT - Single Best Idea with Tom Keene: Steve Englander & Meredith Whitney

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<v Speaker 1>Bloomberg Audio Studios, podcasts, radio news, A single.

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<v Speaker 2>Most idea very quickly here Steven Englander in one a

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<v Speaker 2>wonderful hour. The whole thing about surveillance is you want

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<v Speaker 2>to get back to back to back great conversations for Global,

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<v Speaker 2>Wall Street and all the people interested in you know

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<v Speaker 2>what we do if Steven Englander, Michael Mayo and Free

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<v Speaker 2>of Beamish back to back, that's the way we roll,

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<v Speaker 2>and our team did a great job piecing that together.

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<v Speaker 2>Some of its spur the moment. Here's Steven Englander. A

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<v Speaker 2>standard charter on the long term and the short term

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<v Speaker 2>of the dollar.

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<v Speaker 3>If Powell is correct, if Worsh is correct, if we

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<v Speaker 3>are correct that it's surging. You know, we're kind of

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<v Speaker 3>back to the late nineties, which was a very good

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<v Speaker 3>period for US. But that's in the medium and long term.

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<v Speaker 3>Shorter term, I think we're going to see US policy

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<v Speaker 3>become more cautious. I mean focus being the midterm elections.

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<v Speaker 3>You know, doing a trade deal with India as a positive,

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<v Speaker 3>sort of threatening to invade Greenland as a negative. So

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<v Speaker 3>I expect the temperature to really calm down, and you know,

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<v Speaker 3>dollar to appreciate very gradually, get rid of some of

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<v Speaker 3>the risk premium that accumulated in January.

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<v Speaker 2>Steven Angelo. They're a great conversation with him about his

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<v Speaker 2>colleague at Yeale, Barry Ke and Green, the giant at Berkeley.

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<v Speaker 2>Iike Green is out with a new book. We promise

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<v Speaker 2>we'll get him on here at some point. Meredith Whitney

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<v Speaker 2>and today I had to do the obligatory conversation. The

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<v Speaker 2>president wants ten percent credit card rates right now. The race,

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<v Speaker 2>she says, is nineteen point sixty five percent. And we

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<v Speaker 2>talked about what all that means. A very really, really

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<v Speaker 2>interesting point with Meredith Whitney. But here Miss Whitney talking

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<v Speaker 2>about a colleague, Kevin worsh.

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<v Speaker 4>I've known Kevin since my twenties, I mean just a

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<v Speaker 4>little while ago, and friends of mine actually from Lawrenceville.

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<v Speaker 4>I went to Stanford introduced me because she's a Stanford

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<v Speaker 4>I've seen him in action and he is like people

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<v Speaker 4>love him. He talks to everybody. He's got you know,

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<v Speaker 4>he's got sway with everybody.

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<v Speaker 2>What do you say to the critics of mister Warsh

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<v Speaker 2>before these contentious hearings, Well, the biggest.

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<v Speaker 4>Credits are like, oh, he doesn't have a PhD. He's

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<v Speaker 4>not qualified. He's he's robustly qualified, and I think people

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<v Speaker 4>are going to be very pleasantly surprised with a way

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<v Speaker 4>he's We'll be able to parse the message that is

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<v Speaker 4>pleasing to everybody.

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<v Speaker 2>Meredith Whitney and we talked about Visa just as one

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<v Speaker 2>of our successes over the years. It's Meredith Whitney Advisory

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<v Speaker 2>Group on podcasts on Apple, on Spotify, Good Morning to

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<v Speaker 2>the Pacific rim as well huge listenership there for Spotify

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<v Speaker 2>and on YouTube podcasts. It's single best idea