First Word Podcast
Ken Prewitt reviews the week's big stories.
Hosted by Ken Prewitt
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Ignis’s Thomson Says Greece Headed for the Edge (Audio)
Nov 1, 2011
Stuart Thomson, who helps oversee the equivalent of $121 billion as a fixed-income fund manager at Ignis Asset Management Ltd. in Glasgow, says the decision by the Greek Prime Minister to hold a referendum on the European bailout plan leaves "a great deal of uncertainty" in the financial markets until the new year. Thomson talks with Bloomberg's Ken Prewitt on Bloomberg Radio's "Bloomberg - The First Word."
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RBC’s Larsen Says Greek Politicians Driving the Markets (Audio)
Nov 1, 2011
Jens Larsen, chief European economist at RBC Capital Markets, says Greek politicians are now driving the financial markets and "that's not a very comfortable place to be." Larsen talks with Bloomberg's Ken Prewitt on Bloomberg Radio's "Bloomberg - The First Word."
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Standard Bank’s Barrow Says Bond Market in a ‘Meltdown’ (Audio)
Nov 1, 2011
Steven Barrow, head of Group of 10 currency strategy at Standard Bank Plc in London, says the decision by Greek Prime Minister George Papandreou to hold a referendum on the European Union's latest bailout plan has resulted in "meltdown" for the bond markets. Barrow talks with Bloomberg's Ken Prewitt on Bloomberg Radio's "Bloomberg - The First Word."
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Baader’s Halver Says Parts of Europe in for Recession (Audio)
Oct 31, 2011
Robert Halver, head of research at Baader Bank AG in Frankfurt, says there will be "some mild kind of recession" for peripheral Europe. Halver talks with Bloomberg's Ken Prewitt on Bloomberg Radio's "Bloomberg - The First Word."
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CIBC’s Stretch Says BOJ Intervention Won’t Work (Audio)
Oct 31, 2011
Jeremy Stretch, executive director of foreign-exchange strategy at Canadian Imperial Bank of Commerce in London, says he is "skeptical" intervention in the foreign exchange market by the Bank of Japan will be successful. Stretch talks with Bloomberg's Ken Prewitt on Bloomberg Radio's "Bloomberg - The First Word."
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Credit Ag’s Myers Looking for ‘Defensive’ Currencies (Audio)
Oct 31, 2011
Adam Myers, a senior foreign-exchange strategist at Credit Agricole Corporate & Investment Bank in London, says he is investing in currencies that are "defensive," including the U.S. dollar. Myers talks with Bloomberg's Ken Prewitt on Bloomberg Radio's "Bloomberg - The First Word."
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UBS’s Walker Sees Stronger Euro Against Greenback (Audio)
Oct 28, 2011
Chris Walker, a currency strategist at UBS AG in London, says "the risk is for the euro-dollar to trade higher" in the next 2 weeks to a month. Walker talks with Bloomberg's Ken Prewitt on Bloomberg Radio's "Bloomberg - The First Word."
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Unicredit’s Rosen Says European Recession Is Avoidable (Audio)
Oct 28, 2011
Monika Rosen, head of research at UniCredit Private Bank, says "growth is slow, but a recession can be avoided" in Europe. Rosen talks with Bloomberg's Ken Prewitt on Bloomberg Radio's "Bloomberg - The First Word."
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Ashley Says Europe Can Tap Into Foreign Funds (Audio)
Oct 28, 2011
James Ashley, an economist at Barclays Capital, says for Europe's latest rescue package "there is a lot of fire power that can be tapped into with sovereign wealth funds." Ashley talks with Bloomberg's Ken Prewitt on Bloomberg Radio's "Bloomberg - The First Word."
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Pimco’s Bosomworth Sees ‘Ice Age of Growth’ for Europe (Audio)
Oct 27, 2011
Andrew Bosomworth, executive vice president and senior portfolio manager at Pacific Investment Management Co. in Munich, says the plan to tackle the European sovereign debt crisis will result in an "ice age of growth." Bosomworth talks with Bloomberg's Ken Prewitt on Bloomberg Radio's "Bloomberg - The First Word."
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