Surveillance: Rajan Sounds Alarm on Corporate Distress

Dailypod

English - December 20, 2020 18:18 - 27 minutes - ★★★★ - 13 ratings
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Podcast: Bloomberg Surveillance (LS 58 · TOP 0.5% what is this?)
Episode: Surveillance: Rajan Sounds Alarm on Corporate Distress
Pub date: 2020-12-18

Raghuram Rajan, University of Chicago Booth School Professor and Former Reserve Bank of India Governor, warns of massive distress in the corporate sector. Julian Emanuel, BTIG Chief Equity & Derivatives Strategist, says the current stimulus discussions are being priced in as a down payment on a larger package for when President-elect Biden takes office. Dr. Tom McGinn, CommonSpirit Health Executive Vice President of Physician Enterprise, says hospital staffing has become the greatest challenge when assisting patients affected by Covid-19. Peter Hooper, Deutsche Bank Global Head of Economic Research, sees near-term weakness in the labor market and consumer spending.

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