First Word Podcast
Hear breaking economic, business and market news as it happens, around the globe. Ken Prewitt hosts.
Hosted by Ken Prewitt
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CLSA’s Mayo Favors Other Bank’ Over JPMorgan Chase (Audio)
May 21, 2013
Michael Mayo, an analyst at CLSA Ltd., says because of regulatory and management risks at JPMorgan Chase, he prefers to invest in other banks. Mayo talks with Bloomberg's Michael McKee on Bloomberg Radio's "Bloomberg - The First Word."
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Wells Fargo’s Vitner Says Fed Will Hint at `Tapering’ (Audio)
May 20, 2013
Mark Vitner, managing director and senior economist at Wells Fargo Securities LLC, says the Federal Reserve will "gradually reduce" its asset purchase programs starting in December. Vitner talks with Bloomberg's Bob Moon on Bloomberg Radio's "Bloomberg - The First Word."
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QMA’s Keon Says Earnings Forecasts `a Touch High’ (Audio)
May 17, 2013
Edward Keon, portfolio manager and managing director at Newark, New Jersey-based Quantitative Management Associates LLC, a unit of Prudential Financial Inc., says earnings growth for U.S. stocks "is not terribly robust, but it is positive." Keon talks with Bloomberg's Bob Moon on Bloomberg Radio's "Bloomberg - The First Word."
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Credit Suisse’s Marshall Sees Fed September Pullback (Audio)
May 16, 2013
William Marshall, an interest-rate strategist at Credit Suisse Group AG in New York, says the Federal Reserve may cut its QE asset purchases to about $60 billion starting in September. Marshall talks with Bloomberg's Bob Moon on Bloomberg Radio's "Bloomberg - The First Word."
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Univision’s Uva Sees Big Hispanic Growth Market in U.S. (Audio)
May 15, 2013
Joseph Uva, chief executive officer of Univision Communications Inc and Brad Adgate, director of research at New York advertising company Horizon Media Inc., say Hispanics in the U.S. have $1 trillion of spending power. Uva and Adgate talk with Bloomberg's Tom Keene, Scarlet Fu and Sara Eisen on Bloomberg Radio's "Bloomberg Surveillance."
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Commerzbank’s Dixon Says ECB Has Done All it Can (Audio)
May 15, 2013
Peter Dixon, global equities economist at Commerzbank AG, says the latest "poor" economic data shows that European nations "have failed to use the time the European Central Bank has bought for them" to institute structural economic reforms. Dixon talks with Bloomberg's Bob Moon on Bloomberg Radio's "Bloomberg - The First Word."
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Renaissance’s Dutta Says Housing May Aid Small Business (Audio)
May 14, 2013
Neil Dutta, head U.S. economist at Renaissance Macro Research LLC, says the rise in housing values will help the many entrepreneurs who finance their small businesses with the equity in their homes. Dutta talks with Bloomberg's Bob Moon on Bloomberg Radio's "Bloomberg - The First Word."
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UBS’s Matus Says Shale Oil Is Driving U.S. Economy (Audio)
May 13, 2013
Drew Matus, senior U.S. economist at UBS Securities, says shale oil is "a big driver of U.S. economic activity" and is propelling the nation ahead of much of the rest of the world. Matus talks with Bloomberg's Bob Moon on Bloomberg Radio's "Bloomberg - The First Word."
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Swissquote’s Rosenstreich Says Money Flying From Japan (Audio)
May 10, 2013
Peter Rosenstreich, the chief currency analyst at Swissquote Bank SA in Geneva, says Japanese investors are now "chasing yield globally and that signals further weakening in the yen." Rosenstreich talks with Bloomberg's Bob Moon on Bloomberg Radio's "Bloomberg - The First Word."
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Beaconcrest’s Divney Says Bull Run Backed Up by Profits (Audio)
May 9, 2013
Kevin Divney, chief investment officer at Beaconcrest Capital Management in Boston, says corporate profits justify rising stock prices. Divney talks with Bloomberg's Bob Moon on Bloomberg Radio's "Bloomberg - The First Word."
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