Bloomberg Markets and Finance
Nassim Taleb on COVID Misconceptions, FED Policy & Inflation
Nassim Nicholas Taleb, New York University distinguished professor of risk engineering, discusses what he sees as misconceptions about the coronavirus pandemic and comments on the Federal Reserve's shift in monetary policy. He speaks with Bloomberg's Erik Schatzker.
Timestamps:
1:27 How would you describe yourself?
3:25 What is it that people are getting wrong about the pandemic?
9:23 Are firms like JPMorgan and Goldman Sachs doing the right thing to call traders back to the office?
12:19 Pandemic is putting our systems at extreme stress. Which ones are passing the anti-fragile test?
16:10 Will these changes depress growth and constrain financial returns?
20:01 Deglobalisation happening. Are you still against globalization?
22:30 Where are the fragilities of globalization?
24:01 Is it still necessary to buy tail risk protection?
26:04 Nobody is bigger than the market, not even the FED.
31:50 How will zombie companies collapse?
35:37 When inflation comes, will it be a non-linear event?
The interview was broadcasted on September 22, 2020.