Discover this podcast and so much more

Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more for just $11.99/month.

Jeff Sprague Says He Hasn't Had a Positive Rating on GE Since 2008

Jeff Sprague Says He Hasn't Had a Positive Rating on GE Since 2008

FromBloomberg Surveillance


Jeff Sprague Says He Hasn't Had a Positive Rating on GE Since 2008

FromBloomberg Surveillance

ratings:
Length:
28 minutes
Released:
Nov 13, 2017
Format:
Podcast episode

Description

Jeff Sprague, founder of Vertical Research Partners, predicts upwards of ten percent of General Electric staff will be out the door in the next 36 months. Prior to that, Seth Masters, the former CIO of AB Bernstein, says the changes at GE symbolically highlight the passing of the baton from the U.S. being defined as a great manufacturer to the industry contributing to a smaller portion of GDP. Jared Bernstein, a senior fellow at the Center on Budget and Policy Administration, says the $1.5 trillion loss from the tax bill makes the GOP look like fiscal chicken hawks. Finally, Ed Hammond, a senior deals reporter at Bloomberg News, says Qualcomm rejecting Broadcom is the least surprising news of the day. 
Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
Released:
Nov 13, 2017
Format:
Podcast episode

Titles in the series (100)

Tom Keene, Jon Ferro, Lisa Abramowicz, and Paul Sweeney have the economy and the markets "under surveillance" as they cover the latest in finance, economics and investment, and talk with the leading voices shaping the conversation around world markets.