First Word Podcast
Ken Prewitt reviews the week's big stories.
Hosted by Ken Prewitt
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CCLA’s Bevan Sees `Immense’ Volatility for Markets (Audio)
May 25, 2012
James Bevan, chief investment officer at CCLA Investment Management Ltd., says the euro crisis means "markets will remain immensely volatile." Bevan talks with Bloomberg's Ken Prewitt on Bloomberg Radio's "Bloomberg - The First Word."
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Axa’s Chaney Says Investors Should Seek Safe Havens (Audio)
May 25, 2012
Eric Chaney, chief economist at Axa Group, says investors "want to be in U.S. Treasuries or U.K. Gilts." Chaney talks with Bloomberg's Ken Prewitt on Bloomberg Radio's "Bloomberg - The First Word."
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ING’s Van Vliet Says Euro Bonds Are `No Silver Bullet’ (Audio)
May 25, 2012
Martin van Vliet, an economist at ING Group NV in Amsterdam, says euro bonds "would help things from getting worse but they are not a silver bullet." Van Vliet talks with Bloomberg's Ken Prewitt on Bloomberg Radio's "Bloomberg - The First Word."
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UBS’s Golub Says Fundamentals `Will Come Through’ (Audio)
May 24, 2012
Jonathan Golub, chief U.S. market strategist at UBS Securities LLC, says the S&P 500 will end the year at 1475 because "fundamentals and earnings will come through." Golub talks with Bloomberg's Ken Prewitt on Bloomberg Radio's "Bloomberg - The First Word."
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SocGen’s Marcussen Says Euro Bonds No Immediate Answer (Audio)
May 24, 2012
Michala Marcussen, global head of economics at Societe Generale SA, says euro bonds "are still far off on the horizon" to address the European fiscal crisis. Marcussen talks with Bloomberg's Ken Prewitt on Bloomberg Radio's "Bloomberg - The First Word."
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SVM’s McLean Buying U.S. Industrials, Bond Proxies (Audio)
May 24, 2012
Colin McLean, chief executive officer of SVM Asset Management, says poor growth in Europe and slowing growth in China has him focused on U.S. stocks. McLean talks with Bloomberg's Ken Prewitt on Bloomberg Radio's "Bloomberg - The First Word."
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David Semmens Sees Limit to U.S. Consumer Spending (Audio)
May 23, 2012
David Semmens, a U.S. economist at Standard Chartered Bank, says consumer spending is being fueled by a drop in the savings rate, not a rise in incomes. Semmens talks with Bloomberg's Ken Prewitt on Bloomberg Radio's "Bloomberg - The First Word."
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SocGen’s Sebastien Galy Says Euro Should `Slide Lower’ (Audio)
May 23, 2012
Sebastien Galy, a senior foreign-exchange strategist at Societe Generale SA in New York, says the euro should fall to $1.25 or lower. Galy talks with Bloomberg's Ken Prewitt on Bloomberg Radio's "Bloomberg - The First Word."
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UBS’s Yu Sees Weaker Euro, Stronger Dollar (Audio)
May 23, 2012
Geoffrey Yu, a currency analyst at UBS AG, says "bad news" out of Europe should drive the euro to $1.15. Yu talks with Bloomberg's Ken Prewitt on Bloomberg Radio's "Bloomberg - The First Word."
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Credit Ag’s Chatwell Looking for Hints of a Euro Bond (Audio)
May 22, 2012
Peter Chatwell, a fixed-income strategist at Credit Agricole Corporate & Investment Bank in London, says he is "looking for clues" from Wednesday's European summit about possibly launching a euro bond in the future. Chatwell talks with Bloomberg's Ken Prewitt on Bloomberg Radio's "Bloomberg - The First Word."
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