Admiral James Stavridis, the dean of Tufts University's Fletcher School, says Secretary of State Rex Tillerson's decision to skip April's NATO meeting is a violation of "diplomacy 101." William Rhodes, president and CEO of William Rhodes Global Advisors, says the banking culture needs to improve to restore trust in banking. Paul Quinsee, JPMorgan's global head of equities, says revenue growth and currency movements will help profit growth this year in Europe. Finally, Neil Shearing, Capital Econ...
Mar 21, 2017•36 min
Jeffrey Sachs, Columbia University Professor of International and Public Affairs, said President Trump has turned the world against the U.S. Phil Verleger, PKVerleger President, said technology will lead to an overwhelming drop in oil costs. Jack Bogle, Vanguard Founder, said active investing has moved to the ETF space. Neel Kashkari, Minneapolis Fed President, said he's not worried about the Fed falling behind the curve. See omnystudio.com/listener for privacy information....
Mar 20, 2017•34 min
Gabriela Santos, JPMorgan Asset Management Global Market Strategist, said equities will escape the sideways market. Doug Elmendorf, Former CBO Director, said it's time to scale back entitlement programs. Nicholas Burns, Harvard Professor, said budget cuts would decimate the State Department. Stan Collender, MSLGROUP Executive Vice President, said President Trump's budget is masquerading as a government document. Steven Rattner, Willett Advisors Chairman, said it's hard to see the long-term growt...
Mar 17, 2017•55 min
Jason Furman, a senior fellow at the Peterson Institute, discusses Donald Trump's budget proposal. Peter Hooper, chief economist at Deutsche Bank Securities, says the Bank of England is on the sidelines for Brexit. Sebastian Mallaby, a senior fellow at the Council on Foreign Relations, says the Fed should be more paranoid about asset prices overshooting. Richard Haass, the president of the Council on Foreign Relations, says Rex Tillerson is having a rough start to the year. Willem Buiter, Citigr...
Mar 16, 2017•38 min
Alan Ruskin, global co-head of head of currency research at Deutsche Bank Securities, warns that U.S. investors risk losing their "animal spirits." Joe Antos, a health economist at the American Enterprise Institute who is critical of the Affordable Care Act, says Republicans should take time to refine their health-care plan. Doug Kass, president of Seabreeze Partners, says the unexpected often moves markets. Finally, Jim Palmer, former Hall of Fame pitcher for the Baltimore Orioles, discusses th...
Mar 15, 2017•37 min
Andy Slavitt, the former administrator of the Centers for Medicare and Medicaid, says politicians must make progress on the health-care bill, without pride of authorship. Prior to that, Neil Dutta, Renaissance Macro's head of U.S. economics, says animal spirits are returning to America, but not in Europe. Bob Haber, Proficio Capital Partners' founder, says he's sitting on the sidelines for private equity. Finally, Michael Froman, a former U.S. Trade representative, says several TPP countries wan...
Mar 14, 2017•32 min
Maya MacGuineas, the president of the Committee for a Responsible Federal Budget, says there's room for debate on where to spend federal dollars. Prior to that, Carl Weinberg, the chief economist at High Frequency Economics, says he's skeptical that GDP growth will be as high as the Trump administration has promised. Doug Holtz-Eakin, the president of the American Action Forum, discusses the Congressional Budget Office's review of the proposed American Health Care Act. Finally, Greg Valliere, th...
Mar 13, 2017•47 min
Janus Capital's Bill Gross says it's a stretch to think that job growth will continue. Prior to that, Michael Cannon, the Cato Institute's director of health policy studies, says the country needs a full repeal of the Affordable Care Act. Willem Buiter, Citigroup's chief economist, says there's a risk of the rise of fascism in Europe. Finally, Alan Krueger, an economics professor at Princeton University, says the U.S. corporate tax system is awful. See omnystudio.com/listener for privacy informa...
Mar 10, 2017•52 min
JPMorgan CEO Jamie Dimon says consumer and small-business confidence have skyrocketed under Trump's growth agenda. Prior to that, former ECB President Jean-Claude Trichet says that productivity in the U.S and E.U. isn't rising fast enough. Nathan Sheets, the U.S. Treasury Department's former undersecretary for international affairs, says a key question is how committed America is to a free trading order across the globe. Finally, Steve Wieting, Citi Private Bank's global chief strategist, says h...
Mar 09, 2017•45 min
U.S. Commerce Secretary Wilbur Ross says he's still studying a border adjustment tax and hasn't yet taken a position on it. Prior to that, Kate Moore, BlackRock's chief equity strategist, says low volatility doesn't indicate complacency -- instead, it suggests paralysis and confusion. Finally, Lindsey Piegza, Stifel Nicolaus' chief economist, says it's clear underemployment is significant when looking at wages. See omnystudio.com/listener for privacy information....
Mar 08, 2017•48 min
Mervyn King, former governor of the Bank of England, discusses the role that the House of Lords plays in the Brexit process. Catherine Mann, the OECD's chief economist, says a U.S. border tax won't achieve its aims. Finally, Howard Dean, a former Democratic presidential candidate, says Trump's health-care proposal is "pretty bad." See omnystudio.com/listener for privacy information.
Mar 07, 2017•37 min
Olivier Blanchard, the former IMF chief economist, says forecasts for productivity growth are uncertain. Prior to that, Edward Alden, a senior fellow at the Council on Foreign Relations, says the right economic nationalist conversations to be having are those that surround corporate tax reform. Torsten Slok, the chief economist at Deutsche Bank Securities, says we've plucked the lowest-hanging fruit when it comes to the growth outlook for the U.S. Finally, Marc Chandler, the head of currency str...
Mar 06, 2017•44 min
Marvin Goodfriend, an economics professor at Carnegie Mellon University, says that if the Federal Reserve were really committed to price stability, retirees would be in a much better situation today. Brian Wieser, an analyst at Pivotal Research, says Snap has created a successful product but the bigger question is whether Snap can increase revenue. David Kirkpatrick, CEO and founder of Techonomy Media, says Snap isn't like Twitter because it's got a real business. Finally, USB Securities' Julian...
Mar 03, 2017•45 min
Alan Blinder, former vice-chairman of the board of governors of the Federal Reserve, expects three to four rate hikes this year. Prior to that, Bill Lee, Citigroup's head of North American economics, says sentiment data aren't good predictors of real data or the economy. Jim Millstein, former chief restructuring officer at the U.S. Treasury, says the confirmation process has become uncivil and we have to change it if we want to get qualified candidates into public service. Finally, Mike Mayo, a ...
Mar 02, 2017•43 min
Greg Valliere, Horizon Investments' chief global strategist, says Democrats are in the wilderness when it comes to responding to President Trump, whose change in tone will yield positive dividends. Prior to that, John Silvia, Wells Fargo's chief economist, says it will be a struggle to get 3- to 4-percent GDP growth on a sustained basis. Admiral James Stavridis, the dean of Tufts University's Fletcher School, says promises are pouring in from NATO but the U.S. hasn't yet seen money from NATO all...
Mar 01, 2017•39 min
Ed Hyman, chairman of Evercore ISI, says the U.S. economy will expand by 2.5 percent this year and we'll know the economy is at full employment once wages start to rise. Libby Cantrill, PIMCO's head of public policy, says tax policy is the No. 1 question from clients. Martin Hegarty, the head of BlackRock's inflation-linked bond portfolios, says core inflation is on a path to 2.7 percent at the end of 2018. Finally, Max Baucus, the former U.S. Ambassador to China and former senator from Montana,...
Feb 28, 2017•49 min
David Herro, Harris Associates' deputy chairman and CIO, says valuations aren't overpriced. Prior to that, Jonathan Golub, RBC Capital Markets' chief U.S. market strategist, says inflation expectations are rising and there's no sign of a looming recession. Dr. Steve Corwin, president and CEO of NewYork-Presbyterian Hospital, discusses the debate over Obamacare and says access to care isn't insurance. Finally, Thomas Wright, the director of the Project on International Order and Strategy at the B...
Feb 27, 2017•44 min
Terry McAuliffe, Virginia's Democratic governor, says President Trump has made many mistakes in his first 30 days. Prior to that, Merrill Lynch's Joe Quinlan says politicians have to pay attention to the angry populist movement. Finally, George Friedman, founder and chairman of Geopolitical Futures, says Trump is playing cleanup on immigration enforcement from Presidents Obama, Bush and Clinton. See omnystudio.com/listener for privacy information....
Feb 24, 2017•43 min
Michael Mayo, a banking analyst at CLSA, says banks will close 10,000 branches in the next several years as customers accept mobile banking. Prior to that, Ed Morse, Citigroup's global head of commodities research, says OPEC needs to prolong cuts because of the oil glut. Finally, John Herrmann, a rate strategist at Mitsubishi UFJ, says the market is pricing in too low of a chance that there will be a Fed rate hike in March. See omnystudio.com/listener for privacy information....
Feb 23, 2017•32 min
Stephen Roach, a professor at Yale University, says U.S. markets are largely ignoring risks because it's human behavior to believe in the message of growth rather than the reality of political upheaval. Sam Zell, the chairman of Equity Group Investments, says immigration is core to what built the U.S. Also, BNP Paribas' Stewart Warther says U.S. equity markets are getting close to being fully priced. Finally, Vince Reinhart, the chief economist at Standish Mellon, says stronger growth will be co...
Feb 22, 2017•47 min
Nicholas Burns, a professor at Harvard University, says many Europeans are concerned that the U.S. is no longer leading the West. Prior to that, Chris Verrone, Strategas Research's head of technical analysis, says there's a lot of bearishness with respect to the pound and the euro. Craig Moffett, founder and senior analyst at MoffettNathanson, says Verizon and AT&T would benefit the most from consolidation. Finally, Dennis Ross, who conducted Arab-Israeli diplomacy for three U.S. presidents,...
Feb 21, 2017•34 min
Former UK Prime Minister Tony Blair discusses Brexit and the importance of Theresa May's relationship with Donald Trump. Howard Ward, Gabelli Funds' CIO of growth equities, says investors need to brace for more turbulence in the markets. Barry Eichengreen, an economics professor at Berkeley, says public support for the euro is declining. Finally, Admiral James Stavridis, former Supreme Allied Commander of NATO, says a new National Security Adviser would be well advised to bring in their own team...
Feb 17, 2017•46 min
Stanley Fischer, vice-chairman of the U.S. Federal Reserve, says the Fed seems to be headed towards its expected rate hike path and wage growth has started. Jason Furman, a senior fellow at the Peterson Institute, says we aren't far from full employment. Douglas Holtz-Eakin, president of the American Action Forum, says 2018 is the earliest the Fed will address the balance sheet. Finally, Steve Rattner, chairman of Willett Advisors, says Donald Trump isn't even trying to find the most qualified e...
Feb 16, 2017•51 min
Bloomberg View's Eli Lake responds to Donald Trump's tweet about his column, "The Political Assassination of Michael Flynn." Prior to that, Bob Nardelli, CEO and chairman of Xlr-8, says despite distractions, Donald Trump and his administration will be "laser-focused" on his commitments and what got him into office. Citi Private Bank's Steve Wieting says corporate earnings will reach records this year. Finally, Daniel Tarullo, a member of the Board of Governors of the Federal Reserve, says the la...
Feb 15, 2017•46 min
Daniel Yergin, vice chairman of IHS, says Saudi Arabia is taking the lead when it comes to compliance with OPEC's oil production cuts. Gideon Rose, editor of Foreign Affairs magazine, discusses the resignation of National Security Adviser Michael Flynn and what's next for the National Security Council. Shahab Jalinoos, global head of FX strategy at Credit Suisse, says there's more downside risk for the euro as the French election nears. Robin Niblett, the director of Chatham House, says Presiden...
Feb 14, 2017•45 min
John Allison, former president and CEO of the Cato Institute, says the Federal Reserve made mistakes in monetary policy that had severe consequences. Prior to that, Jim McCaughan, CEO of Principal Global Investors, says a weak banking system, particularly in Italy and Germany, will constrain European growth. Bob Sinche, Amherst Pierpont Securities' global strategist, says the pound will weaken to $1.20 later this year. Finally, Peter Feaver, a professor at Duke University, says the rollout of th...
Feb 13, 2017•55 min
Goldman Sachs' Abby Joseph Cohen says the Federal Reserve's independence is crucial to its success and she's concerned by moves in Congress to second-guess the Fed's decisions. Greg Valliere, Horizon Investments' chief global strategist, says Donald Trump may modify the executive order on immigration. Finally, Noah Feldman, a professor at Harvard Law School and Bloomberg View columnist, says judges don't respond well to bullying and don't like people stepping on their toes. See omnystudio.com/li...
Feb 10, 2017•33 min
Michael Darda, MKM's chief economist, says he expects three Fed rate hikes this year and three to four percent sustainable real U.S. growth. Prior to that, Micah Zenko, a senior fellow at the Council on Foreign Relations, discusses U.S. relations with China and Russia. Dennis Gartman, editor of the Gartman Letter, says he prefers buying gold in Euro and Yen instead of U.S. dollars. Finally, Oliver Chen, a research analyst at Cowen & Co., says there is great long-term opportunity in Costco an...
Feb 09, 2017•48 min
Jeffrey Sachs, a professor at Columbia University's School of International and Public Affairs, says the U.S. must invest in the future for all Americans, instead of just the people at the top. Martin Sorrell, CEO of WPP, says the death of television has been exaggerated. Finally, Steve Case, Revolution LLC's chairman and CEO, says diplomacy should be face-to-face, not through 140-character tweets. See omnystudio.com/listener for privacy information....
Feb 08, 2017•30 min
Orville Schell, director of U.S. relations at the Asia Society, says the relations between China and the U.S. are out of balance and the U.S. must work with China. Prior to that, Jim Glassman, JPMorgan's head economist for commercial banking, says the labor market isn't up to full potential. Finally, Phil Verleger, president of PKVerleger, says oil may fall if the U.S. doesn't introduce a border tax. See omnystudio.com/listener for privacy information....
Feb 07, 2017•42 min
