17 Burst results for "Stephen Roach"

"stephen roach" Discussed on Adventures in Finance: A Real Vision Podcast

Adventures in Finance: A Real Vision Podcast

05:39 min | Last month

"stephen roach" Discussed on Adventures in Finance: A Real Vision Podcast

"Is the US has straw and it's going to suck up assets from elsewhere. In the world, original reasons that the Johnson gave as the primary drivers at least where US tightening monetary policy, rising rates in the US while the world was loosening and and but he goes on to say that tightening was never the only reason I think touches on some of the points that you're alluding to which is the US is a global. Global. Superpower our control the sea lanes we have historically at least the last month, or so notwithstanding along a tradition of a rule of law, and still do on a relative basis compared the rest of the world. We control the Global Monetary System in global capital flows with the deepest and most liquid capital markets in the world, and and of course as you as you said at the biggest consumer economy driven by this massive this massive. Glut of dollar debt that the world needs to make trade flows work in terms of the the dollar, the dollar settlement of international loans. Stephen Roach very much the opposite argument. You know it's interesting I read roaches original Bloomberg op Ed piece that he wrote and the basis of his arguments something he calls the the Tina idea which is, there is no other alternative and that's been a something that we've thought for a long time. Brent Johnson makes argument. You make that argument in some. In some permutations, the impression that I got was that Roach is obviously a someone who has had a very long and extremely distinguished career I Morgan Stanley. And now I believe at. and I got the impression from reading that piece of he was looking back over this long and distinguished career and kind of issuing a warning. A, warning to all of us, saying guys don't get complacent. The United States is not the only productive economy in the world, just because the the the dollar has been the backbone of international financial and monetary system as since Bretton, woods. It doesn't mean that will always be the case. A. In that warning I sent a certain degree of politicisation of his economics meaning that. If you're an investor in you're thinking about. How do I play this? You have to be very careful because he has alterior motive and that's always difficult when you're thinking about timeframes in which to to look at that because I think yes, there is no alternative over the short term for sure that means that this whole concept of a thirty five percent reduction is very much a a tail risk case that I don't see panning out. I see more likely a liquidity crunch in which people want dollars panning out with the dollar being still the reserve currency, also the currency of debtors who need dollars and therefore will. Will will bid for dogs and again I think it's like a a a dog with the tail. Wagging the dog that is is that the capital count is driving the current account Stephen Roach is making it seem as if you know the US, profligate and you know people don't save I would say it's actually the excess savings of other countries. People wanting dollars. The reason that they're saving excesses is because they want dollars. They want to use the world's reserve currency, and that drives the current account, so the capital is driving the current account. Stephen Roach is making it seem as if the current account is driving the capital cal and. By his argument. Yup. All important points but I think you really hit the nail precisely on the head when you talk about the distinction in the different time France, you know. This is something that we've talked about in the show as being so crucial branch..

US Stephen Roach Brent Johnson Global Monetary System Bretton Morgan Stanley Bloomberg France
"stephen roach" Discussed on WBZ NewsRadio 1030

WBZ NewsRadio 1030

01:52 min | 1 year ago

"stephen roach" Discussed on WBZ NewsRadio 1030

"Pulled from the Willis fallen without cross country skiing when he fell through very dangerous situation to follow the water underwater could've died of hypothermia. And I really appreciate it. Coming out and save more lives. Sudbury fire says he called nine one one himself. He held onto some Bush's to stay above the water. Three firefighters in suits headed out onto the pawns. No one was hurt during the rescue. The victim who does not want to be identified was taken to Emerson hospital to be evaluated. The Sudbury first responders were saving my life. I really appreciate it. Sod berries fire chief praising firefighters for putting their extensive ice training program to good use a Worcester. Police sergeant is found not responsible for using excessive force during a drug raid five years ago against a livery driver sergeant Stephen Roach. The city's police gang unit was accused by the cabbie of hitting him in the head with his gun causing stitches police say the cabbie was dropping off a drug dealer at the time of the raid. Officer Roach said he pointed his gun inside the vehicle when he thought the cabbie may have been reaching for a gun himself and the man quickly turned his head his head. Smacking into the officers gone Worcester police say Roach had a long and impressive career with the department. Again, he has been cleared new meaning behind the phrase first responders a couple from Rhode Island on their way to the hospital. They have their baby when they realized they weren't going to make it. That's when Tiverton police officer, Matthew Braun and fire. Lieutenant Daniel Murphy arrived on scene. Help with the delivery in a parking lot officer Braun describes the scene. I think the father was more in shock than anything. And he could see exactly probably much as we had to the mother shoot to degrade baby came out, healthy, happy screaming, mom and the baby. Girl named Clair are both doing fine.

Stephen Roach Sudbury Emerson hospital officer Matthew Braun Worcester Lieutenant Daniel Murphy Rhode Island Bush Clair Tiverton five years
"stephen roach" Discussed on The Corner

The Corner

04:01 min | 2 years ago

"stephen roach" Discussed on The Corner

"Going to hold out and they will plead out they will you you do this i'm gonna find him gonna find him gonna find sooner or later got around our money before me i was strip you of that title stephen roach is i don't care who complains i will have another time for that i was steeper it does not want to compete when he is ready to come back you'll get a media title shot for this belt but until then we need a fighting champion and i will paint him as a villain we will make sure he doesn't have the money and you go live a firefighter all you want but those checks md checks and i will plead you out because we were out last it's crazy crush the little guys but you pay the connors it's just a crazy crazy and all of this because you know max holloway guy who is on a ridiculous when he's re and now he's out for a thirty second fight is i mean second if you really want to because he was just stepping up on short notice for the diva but three fights man he's two thousand eighteen sucks for him almost every every ufc pave ucar it kinda sounds so it's pretty bad so we've talked enough about connor and all this stuff let's actually get to the car all right so we're going and it's a pretty good car still is pretty good card yeah good fight it funny because we had a pretty good car where ufc two twenty five this can crack two hundred thousand paper use it name shan so we have we'll get the early prelims even though vegas product team oils on let's see we have landover nada versus a car close that's gonna be one hell of a fight i'll take landau to win that fight on some spinney shit but land those guys he'll lose some you win some he looks stylish doing yeah he's he's too he's one two in one in the ufc exciting it's fun to watch jakhar close lost his last fight against david teamer where teamer wasn't really engaging with them but he beat mark the cascais which because he was a guy on the rise this is a very interesting fight man i like i like both these guys it has finite potential actually going to side with your car close here cards i think he could win it like if it goes to cars just a little bit more clean technical yes what i was going to be held if but i'm gonna go with close i'm not mad at all for going for not here because we're not a he he needs to win this guy's been in the main event the komitch weiss reason we had like four fights because he's just that i fight against what ferguson shows exciting people just gravitate towards that we have sunshine versus rob font which is a good match may have looked kind of good out i'm gonna take rob phone which is which is tough but i i might font in how he's looked recently he got choked out to fights ago but he did not how times so they did i'm gonna take sunshine i life on a lot he's great stand of pride about it says i was dumb enough to stand with him and if he is he'll get knocked out spun damn big but when she gets you on the ground is struggle any extremely durable as well so you know in a great position right now fighting think they're ranked bantamweight he you know volt themselves right into the title picture but you know sunset doesn't i think he's been knocked out once and that was air coke beckett two thousand eleven one twenty eight like any marla morrison beat algebra sterling he beat bryan caraway he beat page muniz he bt to deals on when tj wasn't even his surge but i mean he's taken the distance twice deal even when he lost to tj he went the distance which is not easy not many other people say that when turned into killer sean just in record people so i'm gonna take sun's out here as long as such plays.

stephen roach thirty second
"stephen roach" Discussed on P&L With Pimm Fox and Lisa Abramowicz

P&L With Pimm Fox and Lisa Abramowicz

01:44 min | 2 years ago

"stephen roach" Discussed on P&L With Pimm Fox and Lisa Abramowicz

"Late yesterday the white house said that broad tariffs twenty five percent on steel in ten percent on aluminum that are already ineffective against china russia japan and others would not go into force for the european union as previously planned instead the european union has another month to continue negotiating with the united states about the new pact in order to avoid the tariffs canada mexico they were given an extension until june first talks continuing to rewrite the north american free trade agreement here to tell us more about trade and china is stephen roach is a senior fellow and lecturer yale university also a bloomberg view columnist stephen roach gives us the your perspective on the trip that steven mnuchin the treasury secretaries taken to china and whether they will actually accomplish any resolution to the trade dispute between china and the united states well i worry this is a waste of taxpayer money to send these guys over to beijing there's no real strategy that they have to negotiate a meaningful concession with the chinese and they go over with a with an approach that really has nothing in the way of macro coherence doesn't understand the role that deficits play in as a symptom of america's own macroeconomic imbalances so i'm not too optimistic this trip is going to accomplish anything him stephen you wrote a column for bloomberg where you were saying the us needs china more than china needs the us does beijing.

russia treasury steven mnuchin lecturer senior fellow mexico canada japan white house beijing bloomberg america yale university stephen roach united states european union china twenty five percent
"stephen roach" Discussed on Pardon My Take

Pardon My Take

01:34 min | 2 years ago

"stephen roach" Discussed on Pardon My Take

"Cool yeah that's awesome that's a plan you know so we'll see your tough even kick fires ass yeah she's hot you ever doesn't ever try to actually fight a fire like a building that's on fire be like i'm gonna punch the building now grab a hose to soak it down is probably smarter because i definitely would do the punch the building how're you i'm so i'm going to punch my way out of any situation it's actually i think a plot to john claude van damme movie the firefighter yeah i need just punches fires out yeah oh you remember that movie where the dude dips his knuckles includes you ever try to fight somebody with glass like last shards that would be terrible which favorite fight movie fair fight that's a going thing that warrior that's a good one you know the whole okay seem best of the best to tried out any movie no no no it's fight lou fucking ossetia favorite time deadpool ooh that's pretty good your book what's that you ever watch the notebook just to say actually just watched thank you wife i couldn't i nncholas sparks is on dude you gotta check this out later night those that oh well well yes right yeah congrats one of us all right so we're gonna wrap it up stephen roach heavyweight champion the world good luck against daniel cormie i'm going to bet on you net well now do you want me to be okay because i was gonna say i'm bad luck.

lou daniel cormie john claude van damme stephen roach
"stephen roach" Discussed on Pardon My Take

Pardon My Take

01:34 min | 2 years ago

"stephen roach" Discussed on Pardon My Take

"Cool yeah that's awesome that's a plan you know so we'll see your tough even kick fires ass yeah she's hot you ever doesn't ever try to actually fight a fire like a building that's on fire be like i'm gonna punch the building now grab a hose to soak it down is probably smarter because i definitely would do the punch the building how're you i'm so i'm going to punch my way out of any situation it's actually i think a plot to john claude van damme movie the firefighter yeah i need just punches fires out yeah oh you remember that movie where the dude dips his knuckles includes you ever try to fight somebody with glass like last shards that would be terrible which favorite fight movie fair fight that's a going thing that warrior that's a good one you know the whole okay seem best of the best to tried out any movie no no no it's fight lou fucking ossetia favorite time deadpool ooh that's pretty good your book what's that you ever watch the notebook just to say actually just watched thank you wife i couldn't i nncholas sparks is on dude you gotta check this out later night those that oh well well yes right yeah congrats one of us all right so we're gonna wrap it up stephen roach heavyweight champion the world good luck against daniel cormie i'm going to bet on you net well now do you want me to be okay because i was gonna say i'm bad luck.

lou daniel cormie john claude van damme stephen roach
"stephen roach" Discussed on MMA Junkie Radio

MMA Junkie Radio

01:50 min | 2 years ago

"stephen roach" Discussed on MMA Junkie Radio

"In the end soon i don't mind once a year at madison square garden it's pretty cool uh but you know brooklyn's pretty pretty stack them would you want me to say man i'm way over here that's way over there i want the fight here but guess we had a good run as it was in meat even anaheim in la that just will they get good cards they just fall through yeah yeah the west coast jinxed what are they gonna go back to oakland too i don't think pebbles anderson in jail jail or sacramento me northern cal i gotta give it up for those guys the um the support of a man there's light athletes a come from there so there are a lot yeah could get their fix the premium it's tough to house chicago what's up how are you doing hey guys when it's not about stephen roach it you know uh you know a lot of a lot of things that all the un uh everybody was on a gun you or or a lotta people were do you i think uh i don't know it's just seems like a lot of fans know how very quick to get on the prospect and feed the veteran a little keep quickly you know what i mean um even as bright but uh i think you could that the throwback player banned like i don't know wanted more people aren't singing his praises like people are some friends or may fence who just like all awash can't get it get it out or what i saw these you're gonna get him now and i understand why they wanted to see if they lose your immune the guys uh excellent fighter and i also think anybody's ever asked them but i think the reason he stays at fire department aside from his loyalty.

madison square garden brooklyn la chicago oakland sacramento stephen roach
"stephen roach" Discussed on WNYC 93.9 FM

WNYC 93.9 FM

02:26 min | 2 years ago

"stephen roach" Discussed on WNYC 93.9 FM

"That that is far more involved in an oral tradition in some ways if we think about litsch term storytelling than than the written word indeed the a very very important and a few that they should be told lake there were told to me as part of literature you're listening to the bbc world service this is the out saleh and more fell now film and ice skating i tonia has just ended self three oscar nominations best actress the mugger wealthiest tanya she produced a movie to a best supporting actress nomination to the peerless allison janney who place twenty his mother and a best editing note how did they create those jumps and axles that in 1991 the figure skater tonya harding became the first american to perform the highly tricky triple axel jump in competition she had her sights set on olympic glory bucks in 1994 she became embroiled in a huge controversy when her exhusband organized a physical attack on her rival nancy kerrigan scream stephen roach roaches has revisited the rise in subsequent four of tonya harding in the film i tanya anti fabulously exam as the very small and selective world figure skating for the movie he extensively interviewed tonia antar exhusband jeff gillooly jovan cape her from mid day on our part the station wnyc asked stephen whether he did all the interviews are dared our despite the fact that i've actually never interviewed anybody i didn't tell them that i tracked down tonya harding and i tracked down jeff the louis and i got them to agree for me interview yelm and their stories were so wildly contradictory they really did not remember anything the same i just thought while that's how i'll tell the story of just put everybody's point of view in there and then let the audience decide what to believe how much of the movie is actual verbatim conversation from the principles and how much of it is just you filling in the blank well i'm better written in there uh but it was a lot of it was was from them out as front on when they're looking at the camera and talking to the camera were those the internet sump yet i mean if summit some of it was that and.

allison janney wnyc bbc saleh tonya harding nancy kerrigan stephen roach tonia antar jeff
"stephen roach" Discussed on WWL

WWL

01:58 min | 2 years ago

"stephen roach" Discussed on WWL

"With police chief jim lance reporting one murder and one rape for twenty seven jane along with solid police work to achieve who's crediting operation angel average were anyone seeking help with an addiction can walk into a police station on the north shore and get help no questions asked ripped that people welcome to our facilities that i'm an addict among these help we really effort to people that didn't go to jail it's fifty people at work bike the for cars stephen roach thefts they've got an island number tudor the new light line says this could be exactly what is needed in the current opioid emergency democratic governor john bell edwards been meeting with republican house speaker tale of beira today continuing negotiations centered on the looming fiscal cliff political analyst bernie pinson it though was skeptical that a deal can be reached by the governor's hopedfor january 19th deadline they haven't done it in the last two years at going into the session it pointed out there's never been an agreement going into the past two sessions where the and house republicans are on the same pay the governor today said that january nineteen deadline wasn't a hard deadline as long as he thought both sides were making progress president trump speaks to america's farmers cbs news update nations farmers are just the most incredible people and we are doing a job for you you're seeing it like nobody out president trump speaking now in nashville telling the american farm bureau federation that the tax plan that passed congress last month will be of help regulation death facts so much europe big beneficiary a year really producing like nobody else cbs's errol burnett says the white house has trimmed regulation is with independent fathers points to the trauma thet practices rolled that trump administration rescinded last year and essentially gives bombers reason and the ability to bring charges against any multinational corporations they feel that they've been treated unfairly by we.

congress cbs europe america political analyst house speaker stephen roach police chief white house errol burnett jim lance american farm bureau federatio nashville trump president bernie pinson governor john bell edwards rape murder two years
"stephen roach" Discussed on WJR 760

WJR 760

08:19 min | 2 years ago

"stephen roach" Discussed on WJR 760

"Room home when he was playing these over said gene so uh iit gets one of the greatest films i ever heard i kept playing in my life said jewels i think he'd better conditions that record result the red nose reindeer said everybody likes the underdog he said i thank you very peace center there uh came a time of recording day so we made three a three recordings but they said was that about fifty more number what are you so as to what the hell as shifted so they put it up there had we we made and the the first terry engineers certain you'll never get wound merge safetouch so we raptor deford month was the story rudolph the red nosed reindeer now as you go now yes once again our thanks to film and commercial director james gardner widow viewed johnny marks and gene autry and had the foresight to save these valuable recordings the snow was this porsche in fees as there his dad man snag key breeding is on as i stand no and now he he is an oh god emme the then and the dude marais i hence hun seeing new booth i know i am known well oh man liam payne no america's ann around no no dav israel i am though oh no oh man gene i am the no mm stephen roach away from his christmas album christmas from the heart not to being a runnerup unamerican american idle david has gone onto a very successful career as a singer songwriter and philanthropist he's been a missionary in chilly for the church of jesus christ of latterday saints any sang with the mormon tabernacle choir for their christmas concert seen round the world look at them thank you no smurfs gagging new the leap boon smears thank goodness knows have you one oh boy liam payne la la yep boom new the toy a k mart business registers they do not as well as penny with the earth god leeson and say a man in case now i know you've good news woo hoo whoa the sms thank you two yes no two dern.

liam payne america stephen roach christmas david leeson commercial director james gardner gene autry mormon tabernacle
"stephen roach" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:03 min | 3 years ago

"stephen roach" Discussed on Bloomberg Radio New York

"David gura great focus on china today was stephen roach and david goldman is well just china front and center yao extremely interesting to see how this congress played out over the last a week and we've made some jokes at the beginning about the length of the president's speech three and a half efforts to does that they got off but a true italy's be heard from dot directors the clap i could with with these chillier from dr rocho in important moments in chinese history is present she begins to solidify his legacy is still going so far here is due to a put himself into the constitution into that gutting document itself put it on on twitter david from doing what he does which is give you a briefing than something noted no about which is czechoslovakia or the czech republic a ha spun slovakia off in the atlantic just a sobering article on this trend of refugee migrant reaction in europe i really thought it was something did yeah focusing on a meeting that he had back in two thousand fourteen with somebody who is seemed to be a rising star in what the dude from does so well as a puts that meeting into some context to you have a lot of people who lived under communist regimes who have moved into positions of great power and great wealth and he talks about the ah scepticism he has of of the sometime shady ways in which these folks that made their money ambassador kornblum talking in berlin former invest kornblum about dr kissinger and just front and center these that we action that we could see on migration in europe it's something to look forward to our she say look out for rather in two thousand eighteen tax reform year in washington by 401 k maxed out this year in the other you go i i'm sure it has with let me a great piece on the bloomberg just looking at them the lessons learned from this particular aboutface where this particular injection of of of executive power into this process you had a lot of republicans haggling over whether or not to to change this part of the tax code the prison tweeting hasn't in what we're on air that this facet of of of the tax code that preserving 401 k benefits is not going to change he thinks that it works and what the peace on the bloomberg this.

bloomberg executive berlin czechoslovakia twitter dot italy stephen roach David gura china washington europe dr kissinger dr rocho president congress yao david goldman 401 k
"stephen roach" Discussed on KBNP AM 1410

KBNP AM 1410

01:44 min | 3 years ago

"stephen roach" Discussed on KBNP AM 1410

"New mao not at all he's much more modern and uptodate and focused on very different things and mao zedong were focus was stephen roach on trying to and of course focus as well on the fed derby he is one good to speak of of that particularly with stephen roach is coaching essays over the last decade not inflation dynamics and not job dynamics but as dynamics in that has to something to do with the next fed chairman and some would even say the next fed vice as israel we'll continue david muir in washington are 991 fm studios thrilled that he's down there i'm in new york today both of his getting ready for an eight or nine first pitch dodgers astros shocked to everybody very thumbs up on the astra's as well green discreet futures up to tout futures up fifty eight it took it astra world headlines now f macron's michael barr with you up there in new york greg david thank you tom army surgeon beaubourg dole is awaiting sentencing after he walked off his post in afghanistan a two thousand nine meanwhile president donald trump's criticism of bergdolmo has become a factor the soldiers sentencing the judge decided bird dole's punishment her defense arguments uh trump recently reaffirmed his scathing criticism and as programming affairs sentencing hearing bergdorf faces a maximum sentence of life imprisonment president trump is planning lunch with republican senators on capitol hill today as they turned their focus to overhauling the nation's tax code in game one the world series to rights the astros to go on the dodgers in los angeles you'd near the game live on bloomberg radio starting seven pm pregame wall street time global news 24 hours.

bergdorf bloomberg los angeles world series donald trump afghanistan f macron israel fed mao zedong dodgers capitol hill stephen roach president beaubourg dole greg david michael barr astra astros new york washington david muir chairman 24 hours
"stephen roach" Discussed on Showcase from Radiotopia

Showcase from Radiotopia

01:41 min | 3 years ago

"stephen roach" Discussed on Showcase from Radiotopia

"While they're investigation into stephen roach left many lingering questions naomi halbrook and her enigmatic cassette brought forth some answers none of which helped bobbies case like any good journalist naomi didn't write the cassette off immediately but did some investigating to see if any of its claims could be substantiated and she started with the missing feldstein boy who had turns out wasn't missing at all what he had told one katie had been abducted by aliens he told another kid the run away some of the content he was constantly always telling these big tales of error chair viewed in the boy i do remember i did a phone interview with his parents and they they said that you know arcade has a really big imagination you know he he loves to tell stories looks fine intentions some time bobby said so you brought that we absolutely need these and parents and there was no police report uh there was nothing official out there there was no newspapers have editor was a surge the police that a search when lose rechannelling the research none of that came up cell was just sort of a rumor i know for a fact that the kid who went missing was interviewed by the police seven tires and why are you saying that she for her wages it was lying or you lying to me right now and you never actually did there now i land all he interviews of done your dry diligent you've heard that on the fucking two the wiz kidnapped and went missing and you still don't even believe it even though the evidence is right underneath your nose.

stephen roach naomi halbrook katie bobby official editor feldstein
"stephen roach" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:06 min | 3 years ago

"stephen roach" Discussed on Bloomberg Radio New York

"To the united states how do you suggest the chinese leadership will respond to the rhetoric that the president said a north korea at the un is he would destroy most i don't think though respond directly to it at all but you know the raises an important point tom and that is that china certainly does have enormous leverage with north korea as there are major trading partner accounting for i've seen a variety of us will of seventy five and ninety percent of the total trade primarily in fuel and food and i think that the world community should certainly put pressure on north korea's main external provider of fuel and food and that one certainly include china britain but how does the trump administration actually i don't know if it's dancing around or do they need to get closer to china to convince them to put pressure north korea and is that threaten army ties it could be through economic ties it could be through latenight phone calls or could be through some explicit action world a broad coalition of of nations come to china and say we want you to change the way in which you were providing support to this rogue regime it seems almost a verbal struggle of forward guidance or press conference guidance to rationalize we're we are right now what do you want the new chairman to do to change this dialogue that you've been so critical of it's pretty simple the crisis is over we still have policy levers largely at their emergency crisis determined saudi so let's return on on the fodder coal basis the policy levers to normal so we have the ability to control our economies the next time we have a problem here's a simple tom that was yale university senior lecturer stephen roach speaking with.

united states president north korea un tom china britain chairman stephen roach partner yale university senior lecturer ninety percent
"stephen roach" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:55 min | 3 years ago

"stephen roach" Discussed on Bloomberg Radio New York

"This is another sort of systemic problem with their their strategy of quantitative easing when when you look at trade policy in this in this country dte think there are members this administration get what you're saying about the the need for companies to look to external demand versus domestic demanded at this point or there it is their growing new wants to the discussion about trader or is it still where it was five six months ago i don't think there's much enlightened view on looking at trade policy in the broader context this is a an administration it takes takes its instructions from aid deal focused president he looks at trade on a transactional basis country by country in failing to appreciate the fact that last year david we had trade deficits with one hundred and one countries this is a multilateral problem it's not a country by country problem and when you you when you recognize that the multilateral dimensions of this it has to come from somewhere and that goes back to the savings point that i just made with tom and the trump the trump administration and now the republicans in the senate say we'll really care about deficit any more if they get bigger it's no big deal wall if the deficits get bigger the savings rate gets lower the multilateral problem gets worse and there's really no real appreciation for the fundamentals of this issue in this administration the bell just ring look for the homework assignment do that with junior class stephen roach thank you so much greater midfielder university a pop quiz tomorrow phoon verve market i'm carol massar encore johnson we get from stock picks jim muscle portfolio manager ballgame frankoy who got the ceo of wonder workshop on creating toys they teach kids decode.

president tom senate stephen roach ceo david portfolio manager five six months
"stephen roach" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:22 min | 3 years ago

"stephen roach" Discussed on Bloomberg Radio New York

"The one point four four percent yield on the 10year two point two eight percent stephen roach joining us now as i said senior fellow at the jackson institute at yale former chairman of morgan stanley asia and before that the chief economist at morgan stanley see roach great to have you with us let's start with just the import of this decision i mention that moody's did this a few months back and my sense is that this was telegraphed here this was this was going to happen well again david as i said to tom it was hardly a surprise i mean um you know rating agencies are lagging non leading indicators we all known about the dead intensive issues in china including the chinese and they're very focused on financial stability and in delivering the biggest challenge for china i think is not a a debt crisis as we saw in asia because they have a huge domestic savings radio the debt themselves the biggest challenge is to get their stateowned enterprises which had been leading the charge in debt intensive growth to reduce their appetite for credit and this is a fundamental issue that i think come we'll be addressed by the the party leaders at the upcoming party congress in mid october dealing with stateowned enterprise reform is at the core of the chinese control issue and in managing um the role of these companies in what is still above blended chinese economy i gather that that congress is scheduled to begin in just about a month's time robbery team what's the what's the appetite for at the kind of reforms you're talking about a week racing increased appetite for dealing with the israelis yeah that's a great question i think there's a real four guerrillas operate under for real to real tug of war in china between the role of the state and the role of markets the chinese want to sort manages balancing act a very delicate way maintaining their own unique blend of state in marketdriven systems and you know we in the west say you know he come on it's not gonna work you've got to cut the cord and on markets and drive the outcome and chinese say we think.

stephen roach senior fellow jackson institute chairman morgan stanley asia chief economist morgan stanley moody china congress yale david tom robbery four four percent two eight percent 10year
"stephen roach" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:22 min | 3 years ago

"stephen roach" Discussed on Bloomberg Radio New York

"Of course focus to see what president trump the relationship with president putin of russia also what happens in terms of north korea but he made the point of what's really really crucial in this meeting is why what comes out in terms of china that relationship where does china kind of land on all of this china can be very instrumental because we know of the relationship business economic trading relationship that it has with north korea so i really think that there's some very big global stories going on right now that could set the tone for us for a while in terms of how plays that joe absolutely yesterday speak of ian bremmer shameless plug he's going to be on the way today every thirty so we could dive deeper into that question that you're just broad thank you but you know we talked about china yesterday we were talking to stephen roach of course who is a very big china bowl well known but you're just saying like china is disinclined to see obviously the a us imagines that sort of of course would be logical for china just apply some economic pressure to north korea on this question and china's disinclined to see things that way he said he was just in china said that when you're there people talk about so much trade humanitarian assist since fundamentally different way of perceiving the issue and it doesn't seem like anyone has found a way to bridge that obviously president trump thought maybe xi jinping would be more of a partner in this project but it just hasn't happened so far one wonders what's gonna come out of this this you know the twenty things usually any degree was leaked out wellknown advance because the it takes summits for free negotiation to get these things to the table and and more likely this event will be one where the the the principles for begins a new relationship since implants as opposed to execute on them they're definitely seems it does not you never know but it does it seem like there is about to be some imminent diplomatic breakthrough anywhere and they were reminded tomorrow then of course you've got the monthly jobs report like amid all of racist at the best day of the month it is like a party for economists nobody comes back to right nato uh and and daddy like the focus let's get on the us absolutely i mean obviously.

president putin russia north korea china joe us trump partner president ian bremmer stephen roach