First Word Podcast
Ken Prewitt reviews the week's big stories.
Hosted by Ken Prewitt
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7’s Stewart Says Political Turmoil Driving Markets (Audio)
Nov 25, 2011
Justin Urquhart Stewart, who helps oversee about $3.3 billion at 7 Investment Management in London, says financial markets are being driven by "a lack of political effectiveness." Stewart talks with Bloomberg's Ken Prewitt on Bloomberg Radio's "Bloomberg - The First Word."
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Independent’s McKee Says Europe’s Efforts Fall Short (Audio)
Nov 25, 2011
Bob McKee, chief economist at Independent Strategy Ltd. in London, says investors are telling policymakers in Europe "this isn't good enough." McKee talks with Bloomberg's Ken Prewitt on Bloomberg Radio's "Bloomberg - The First Word."
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Strategic’s Flickinger Says Holiday Sales Will Fall (Audio)
Nov 25, 2011
Burt Flickinger, managing director of Strategic Resource Group, says holiday retail sales this year will decline 1.5 to 2 percent when adjusted for inflation. Flickinger talks with Bloomberg's Ken Prewitt on Bloomberg Radio's "Bloomberg - The First Word."
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Schiller Says Gingrich Viewed as Moderate Reagan (Audio)
Nov 23, 2011
Wendy Schiller, a professor of political science at Brown University, says republican presidential hopeful Newt Gingrich remains a "moderate version of Ronald Reagan." Schiller talks with Bloomberg's Ken Prewitt on Bloomberg Radio's "Bloomberg - The First Word."
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RBC’s Cole Says Limited German Debt ‘Unhelpful’ (Audio)
Nov 23, 2011
Adam Cole, global head of foreign-exchange strategy in London at Royal Bank of Canada's RBC Capital Markets unit, says demand for German debt "appears to be limited." Cole talks with Bloomberg's Ken Prewitt on Bloomberg Radio's "Bloomberg - The First Word."
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Beauclerc’s Popper Keeping Most Assets in Cash (Audio)
Nov 23, 2011
Andrew Popper, chief investment officer at Beauclerc, says he is advising clients to "maintain a significant portion of their assets in cash." Popper talks with Bloomberg's Ken Prewitt on Bloomberg Radio's "Bloomberg - The First Word."
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Lloyds’s Lolay Says Investors Should Preserve Capital (Audio)
Nov 22, 2011
Jeavon Lolay, head of global research in London at Lloyds, says "it's difficult to see where the positive story comes from" for equities. Lolay talks with Bloomberg's Ken Prewitt on Bloomberg Radio's "Bloomberg - The First Word."
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DeKaser Says GDP Will Reflect Pent-Up Demand (Audio)
Nov 22, 2011
Richard DeKaser, deputy chief economist at Parthenon Group Inc. in Boston, says third-quarter GDP may reflect pent-up demand that is "temporary in nature." DeKaser talks with Bloomberg's Ken Prewitt on Bloomberg Radio's "Bloomberg - The First Word."
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Credit Ag’s Chatwell Says U.S. Cuts Focus of Investors (Audio)
Nov 22, 2011
Peter Chatwell, a fixed-income strategist at Credit Agricole CIB, says investors are focused on whether "automatic cuts are still in place" after the failure of the congressional supercommittee to reach agreement. Chatwell talks with Bloomberg's Ken Prewitt on Bloomberg Radio's "Bloomberg - The First Word."
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Saxo’s Garnry Says U.S. Companies in Best Shape ‘Ever’ (Audio)
Nov 21, 2011
Peter Garnry, an equity strategist at Saxo Bank A/S, says U.S. companies are strong, with the lowest leverage for over ten years and high dividend yields, but he says investors should "hedge some of your market risk," to offset potential downside from the U.S. supercommittee and Europe. Garnry talks with Bloomberg's Ken Prewitt on Bloomberg Radio's "Bloomberg - The First Word." (Source: Bloomberg)
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