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Surveillance: In The Long Term, Cash Is Trash, Sowerby Says

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Kate Moore, BlackRock Investment Institute Chief Equity Strategist, discusses the implications of a slower growth rate next year. David Sowerby, Ancora Managing Director & Portfolio Manager, says in the long term, cash is trash. Dean Curnutt, Macro Risk Advisors CEO & Founder, talks the financialization of the VIX from an index to a trading instrument. Gabriela Santos, JPMorgan Asset Management Global Market Strategist, thinks consumer data do not support the general view of a recession in 2019 or 2020. 

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Bloomberg Surveillance

The economy and the markets are "under surveillance" as we cover the latest in finance, economics an 
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