Single Best Idea with Tom Keene: Claudia Sahm & Tina Fordham - podcast episode cover

Single Best Idea with Tom Keene: Claudia Sahm & Tina Fordham

Sep 12, 20253 min
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Episode description

Tom Keene breaks down the Single Best Idea from the latest edition of Bloomberg Surveillance Radio.

In this episode, we feature conversations with Claudia Sahm and Tina Fordham

Watch Tom and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF

See omnystudio.com/listener for privacy information.

Transcript

Speaker 1

Bloomberg Audio Studios, podcasts, radio news.

Speaker 2

It's single best idea on a Friday after an extraordinary week. Just so much thanks to all at Bloomberg, particularly Michael Barr, for driving our moment by moment news coverage. A special thank you to Miles Miller who joined us on the kirk assassination. He's been really leading all of the Bloomberg legal coverage and had important conversations on the apprehension of

a suspect. We thank Miles Miller for that. We attempted to commit economics, finance, investment, and international relations this week. You can do that with Claudia Sam out of Michigan, definitive at the FED noted for the Sam rule, but with Claudia Sam, we looked forward to the FED meeting.

Speaker 3

The conversation and the and the rate decision is going to hinge on the data and the FED are I mean, they are grappling with a really tricky environment in the inflation is inflation is too high, it is not, and it's not moving towards the Fed's target right now. And then you have employment that has really softened. I mean it might be structural, might be immigration, but it might not be it might be demand as really slipping, and so like, the Fed's got one tool and they've got

two problems that are going in different directions. So they're going to have to frame up and really like assess from the data which which of these two risks is bigger and more persistent. I mean that's the you know, that's the way the FED has outlined that it approaches us. That's how they're going to do it next week. But I mean the reality is this is not going to be a normal f MC meeting.

Speaker 2

Claudia sam of New Century Advisors, Tina Fordham is in England with wonderful perspective on the events of Europe and of course so much still rebounding there about a French government collapse. But we did want to look forward, as we did with doctor Some with Tina Fordham, to President Trump's well orchestrated visit next week to the United Kingdom.

Speaker 1

I suspect that Downing Street will be very careful about President Trump's potential encounters whilst he is here, going to Windsor Castle, seeing the Queen's tomb, which I've seen, by the way, it's really something to behold, as is Windsor Castle, I think the emphasis is going to be on the good links that exist, but of course in the background is going to be the fact that the UK ambassador

to Washington, Peter Mandelsson, was sacked. I saw that he's just been fired from the consulting firm that he works for, and that's an embarrassment not only for pure starmer for President Trump. It suggests that the Epstein files are real.

Speaker 2

Tina Fordham of Fordham Global Foresight and just an extraordinary week. Again, thank you, specially to David Gurra for his assistance on a podcast. We're on Apple, We're on Spotify, We're on YouTube podcasts. This is a single best idea

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