‘Bloomberg Surveillance Simulcast’ Full Show (06/17/2020)

‘Bloomberg Surveillance Simulcast’ Full Show (06/17/2020)

>> THE MARKET HAS GOTTEN REALLY. PRETTY BIG DECLINE IN REAL. WITH TOM KEENE, JONATHAN FERRO,. KNOW YOU WILL DO THE DATA CHECK. YESTERDAY'S RETAIL SALES BEAT.. TODAY I AM GOING TO BE WATCHING. PERMITS STARTS TO GET A TASTE. LOAN PURCHASE APPLICATIONS HIT. 12:00 P.M., FED CHAIR JAY. POWELL COME A TO -- JAY POWELL. BEFORE THE SENATE FINANCE. COMMITTEE.. I AM VERY INTERESTED TO SEE. WHETHER WE SEE A RATCHETING UP. IN TENSIONS BETWEEN THE U.S.. AND CHINA, A POTENTIAL RISK AT. A TIME WHEN THE FED SEEMS TO BE. STEPPING OUT ANY CONCERNS ABOUT. THE LINGERING EFFECTS, EVEN. THOUGH THEY ARE VERY REAL AMID. BETTER-THAN-EXPECTED DATA.. JONATHAN: IT IS A GOOD POINT.. IT HAS FALLEN OFF THE RADAR A. BIT.. IT WAS THERE ABOUT A MONTH AGO,. RAMPING UP TENSIONS WITH CHINA,. BUT FADING AS WE COME INTO JUNE.. TOM:. THERE'S SOME SERIOUS ISSUES OUT. THERE, AND THAT MAKES THIS BULL. MARKET RALLY EVEN MORE. EXTRAORDINARY.. I KNOW YOU BOUGHT AT THE BOTTOM. IN MARCH.. YOU WERE LISTENING TO MICHAEL. WILSON, IN THE TRIPLE LEVERAGED. FERRO FUND IN THE MIDDLE OF. MARCH. YOU ARE UP 350%.. THAT IS NOT BAD. JONATHAN:. I WISH WE HAD LISTENED TO