WEBVTT - The Benchmark Preview

0:00:03.680 --> 0:00:07.120
<v Speaker 1>Hello, and welcome to the Bloomberg Benchmarks podcast. This is

0:00:07.160 --> 0:00:09.920
<v Speaker 1>your host Tory so Well, and I'm an economics reporter

0:00:10.080 --> 0:00:13.720
<v Speaker 1>here in our Washington bureau at Bloomberg News. Right next

0:00:13.720 --> 0:00:17.440
<v Speaker 1>to me is your other host, Dan Moss. Hey, Dan, Hi, Tory,

0:00:17.960 --> 0:00:21.960
<v Speaker 1>I'm the executive editor full Global Economics at Bloomberg. Hey

0:00:22.040 --> 0:00:24.279
<v Speaker 1>with you and d C. That's right. What that basically

0:00:24.320 --> 0:00:28.240
<v Speaker 1>means is he's my boss's boss's boss. But in this

0:00:28.360 --> 0:00:31.840
<v Speaker 1>studio we are equals as co hosts, So we're here

0:00:31.840 --> 0:00:34.640
<v Speaker 1>to talk to you about what exactly we're doing here.

0:00:34.920 --> 0:00:36.960
<v Speaker 1>We sat down one day and and really wanted to

0:00:36.960 --> 0:00:40.280
<v Speaker 1>figure out a way to make economics more relevant to

0:00:40.560 --> 0:00:43.080
<v Speaker 1>everyday people. You know, right now at teams like a

0:00:43.120 --> 0:00:46.640
<v Speaker 1>lot of formulas and equations, and just the word economy

0:00:46.720 --> 0:00:49.680
<v Speaker 1>can make a lot of people's eyes glaze over. We

0:00:49.760 --> 0:00:52.479
<v Speaker 1>would love to bring economics to you guys in a

0:00:52.520 --> 0:00:55.680
<v Speaker 1>more accessible, digestible way and in a fun way that

0:00:55.720 --> 0:00:58.720
<v Speaker 1>won't put you to sleep, right Dan, Not a show

0:00:58.960 --> 0:01:03.120
<v Speaker 1>about statistics, and we're not going to pretend that we

0:01:03.200 --> 0:01:06.800
<v Speaker 1>can fool everyone by clouding it with acronyms. F O,

0:01:06.920 --> 0:01:10.160
<v Speaker 1>m Z, d RP and CDs is we're not going

0:01:10.200 --> 0:01:12.520
<v Speaker 1>to go into all that. We're going to translate for

0:01:12.560 --> 0:01:14.679
<v Speaker 1>you in a way that's interesting, in a way that

0:01:14.720 --> 0:01:17.720
<v Speaker 1>you can probably use in your everyday life, things like

0:01:18.040 --> 0:01:21.000
<v Speaker 1>what are your job prospects looking like, how long will

0:01:21.040 --> 0:01:23.960
<v Speaker 1>it take for that job interview to translate into an

0:01:24.000 --> 0:01:27.120
<v Speaker 1>actual position, how long is it going to take for

0:01:27.160 --> 0:01:29.920
<v Speaker 1>you to see your paycheck increase? All these things economists

0:01:29.920 --> 0:01:32.240
<v Speaker 1>are working on day in and day out, and we

0:01:32.280 --> 0:01:34.560
<v Speaker 1>can provide a little bit of insight on that that

0:01:34.680 --> 0:01:37.320
<v Speaker 1>might help answer some of those questions. We want to

0:01:37.440 --> 0:01:40.840
<v Speaker 1>make economics accessible and really make it relevant to people's

0:01:40.840 --> 0:01:43.360
<v Speaker 1>everyday lives, because it is. What we're trying to convey

0:01:43.520 --> 0:01:46.679
<v Speaker 1>is every day people like you and me are making

0:01:46.720 --> 0:01:50.880
<v Speaker 1>decisions about whether to buy something, what to buy, how

0:01:50.960 --> 0:01:53.680
<v Speaker 1>much do we pay for it, whether to borrow for it,

0:01:54.040 --> 0:01:57.880
<v Speaker 1>and companies and governments around the world are making exactly

0:01:58.080 --> 0:02:00.880
<v Speaker 1>the same decisions each time. We're trying to get under

0:02:00.880 --> 0:02:05.040
<v Speaker 1>the hood here. This is a living, breathing thing. We

0:02:05.080 --> 0:02:07.320
<v Speaker 1>want to bring only the most important trends, you know,

0:02:07.520 --> 0:02:11.119
<v Speaker 1>grounded in great data, and hope that you'll find it interesting,

0:02:11.600 --> 0:02:15.560
<v Speaker 1>grounded in data, not defined by the data exactly so

0:02:15.639 --> 0:02:19.000
<v Speaker 1>We'll be bringing to you topics such as labor force participation,

0:02:19.200 --> 0:02:21.520
<v Speaker 1>which has become a hot topic here in the US.

0:02:21.560 --> 0:02:23.880
<v Speaker 1>Of course, we will be talking about Greece, We'll be

0:02:23.919 --> 0:02:26.480
<v Speaker 1>talking about Japan. We'll be talking about all the major

0:02:26.520 --> 0:02:29.640
<v Speaker 1>economic stories. Will be bringing up little quirks in each

0:02:29.680 --> 0:02:33.200
<v Speaker 1>of them that you didn't know. We're so interesting. What's

0:02:33.240 --> 0:02:36.760
<v Speaker 1>going on with Japan's population, what is going on with

0:02:36.919 --> 0:02:40.320
<v Speaker 1>the housing industry in Australia. Gosh, I guess I'll never

0:02:40.320 --> 0:02:43.480
<v Speaker 1>be able to retire back home right at this rate.

0:02:44.320 --> 0:02:46.119
<v Speaker 1>And you know, one of the things that I've been

0:02:46.320 --> 0:02:49.560
<v Speaker 1>fortunate about here at Bloomberg is the opportunity to work

0:02:49.600 --> 0:02:52.200
<v Speaker 1>in a number of different bureaus and a number of continents.

0:02:52.600 --> 0:02:55.880
<v Speaker 1>I may bring stories to us that reflect interests and

0:02:55.919 --> 0:02:59.800
<v Speaker 1>trans I observed during my times in Malaysia, Japan, and

0:03:00.080 --> 0:03:02.600
<v Speaker 1>not a kingdom. We're here in d C, which has

0:03:02.639 --> 0:03:06.400
<v Speaker 1>this gravitational pool which we are determined to escape. Hectory

0:03:06.560 --> 0:03:10.720
<v Speaker 1>even to North Carolina, right, That's right, That's where I'm from.

0:03:10.720 --> 0:03:13.160
<v Speaker 1>And we'll also be bringing our colleagues from around the

0:03:13.200 --> 0:03:15.880
<v Speaker 1>world to help with this. Bloomberg News reporters who are

0:03:15.960 --> 0:03:20.720
<v Speaker 1>experts in their fields will be weaving in commentary from economists, researchers,

0:03:20.800 --> 0:03:23.320
<v Speaker 1>people who work at think tanks. Obviously, we've got a

0:03:23.320 --> 0:03:25.480
<v Speaker 1>time to talk about and we're really excited about sharing

0:03:25.480 --> 0:03:30.959
<v Speaker 1>it with you. This is Tori still Well. Thanks for

0:03:31.040 --> 0:03:33.440
<v Speaker 1>joining us, and you can follow me on Twitter at

0:03:33.480 --> 0:03:37.120
<v Speaker 1>at Tori Stillwell. I'm Dan Moss and on at Daniel

0:03:37.160 --> 0:03:39.200
<v Speaker 1>Moss d C. See you next time.