Surveillance: What, Us Worry? Maybe Need for Drama Is Overblown
There are times to sweat the outlook, Neil Dutta says, ‘but right now is not one of those times’
Wall Street craves drama, but some Surveillance guests said it was time to take a breath and assess an upbeat economic picture.
Photographer: Michael Nagle/BloombergWelcome to the Bloomberg Surveillance newsletter, a daily look at the best interviews and insights from Bloomberg Television and Radio’s flagship morning show co-hosted by Tom Keene, Jonathan Ferro and me. Sign up here if you’re not yet a newsletter subscriber.
What if everything is just fine in the US economy? Of course, geopolitical risks have us deeply concerned, with wars in Europe and the Middle East and a fracturing global order. But what if what you see is what you get with the US economy, that it can keep expanding, laying the groundwork for better corporate profits and steady real incomes?