Surveillance: U.S. Jobs Report With Sec. Walsh
11.05.2021 - By Bloomberg Surveillance
Marty Walsh, U.S. Labor Secretary, reacts to the U.S. jobs numbers. Jennifer Granholm, U.S. Energy Secretary, says President Biden is looking at a potential release from the Strategic Petroleum Reserve after OPEC+ rejected a request for a larger output increase. Andrew Pekosz, Johns Hopkins Bloomberg School of Public Health Professor & Virologist, discusses Pfizer's Covid-19 pill that reduced hospitalizations and deaths in high-risk patients by 89%. Jerome Schneider, PIMCO Head of Short-Term Portfolio Management, says the punishing effects of zero yields combined with growing inflationary pressure have created a giant erosion in purchasing power.
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