Jeffrey Rosenberg, BlockRock's chief fixed income strategist, says the U.K. election results raise uncertainty of a hard or soft Brexit. Prior to that, Willem Buiter, Citi's chief economist, says Theresa May has a lot to prove or else she "won't last long." Chris Swecker, the former assistant director of the FBI, says James Comey showed weakness by not pushing back against Trump's requests. Finally, Thomas Wright, a senior fellow of foreign policy at the Brookings Institution, says many of Trump...
Jun 09, 2017•35 min
Terry Haines, Evercore ISI's senior political strategist, says James Comey is under obligation to say everything he knows, but could save some comments for a closed session. Prior to that, William Gavin, the former assistant director of the FBI, says Trump understands he must have a competent and capable U.S. law agency. Praveen Korapaty, Credit Suisse's head of global interest rate strategy, says both the Fed and the ECB have inflation problems. Gabriel Stein, 4CAST-RGE's developed-market resea...
Jun 08, 2017•44 min
Janus Henderson fund manager Bill Gross says risk from turmoil in Washington is a consideration for investors and could slow U.S. economic growth. Prior to that, Brian Belski, BMO Capital Markets' chief investment strategist, says financial stocks are the best place to be for investors. Charles Dumas, TSLombard's chief economist, says China's growth rate will be modified to something more achievable. Finally, Jim McCaughan, Principal Global Investors' CEO, says a recession isn't imminent, but pe...
Jun 07, 2017•39 min
Jerry Brown, governor of California, says China's rising power and U.S. division has reduced America's global merit. Prior to that, Joseph Quinlan, head of market and thematic strategy at Bank of America Merrill Lynch and U.S. Trust, says banks are good value and underowned. Edward Alden, a senior fellow at the Council on Foreign Relations, says some of Trump's views on trade have value. James Stavridis, dean of the Fletcher School at Tufts University, says it's not clear if Trump's listening to...
Jun 06, 2017•49 min
Lawrence Summers, the former U.S. Treasury Secretary, says he's troubled by the Trump administration. Prior to that, Stephen King, HSBC's senior economic adviser, says technology doesn't guarantee globalization. Terry Haines, Evercore ISI's senior political strategist, says markets are concerned after having a steady administration for eight years. Finally, Richard Haass, the president of the Council on Foreign Relations, says "gremlins" have gotten into the Oval Office with a degree of dangerou...
Jun 05, 2017•27 min
Bill Gross, a fund manager at Janus Henderson, says the job data was weaker than expected, but the Fed will still raise rates. Prior to that, Jeffrey Sachs, a professor at Columbia University, and Julia Coronado, the founder and president of MacroPolicy Perspectives, discuss the Fed's timeline and the impact of manufacturing innovation in the U.S. Finally, David Einhorn, the president of Greenlight Capital, says GM's capital structure is inefficient. See omnystudio.com/listener for privacy infor...
Jun 02, 2017•40 min
Former EPA administrator Christine Todd Whitman says dropping out of the accord could undercut America's position in the world. Prior to that, Brian Levitt, OppenheimerFunds' senior investment strategist, says stocks are still cheap. Andrew Balls, PIMCO's CIO of global fixed income, says higher rates will come in the U.K. Finally, Steven Cohen, executive director of Columbia University's Earth Institute, says greenhouse gasses will decline no matter what Trump decides on the Paris Agreement. See...
Jun 01, 2017•40 min
From the Council on Foreign Relations in New York City, Dallas Fed President Robert Kaplan tells Tom Keene that the Fed should tighten policy patiently and gradually. He also says the central bank should begin unwinding its balance sheet later this year. See omnystudio.com/listener for privacy information.
May 31, 2017•42 min
Ryanair CEO Michael O'Leary says British Airways' problems lie in its disaster recovery program, not outsourcing. Prior to that, Tobias Levkovich, Citigroup's chief U.S. equity strategist, says a lack of productivity is disturbing. Charles Calomiris, a professor at Columbia Business School, says Trump's instincts on financial regulation are right, even though his ideas aren't fully formed. David Herro, Harris Associates' CIO of International Equity, says we've been using monetary policy incorrec...
May 30, 2017•51 min
Shahab Jalinoos, Credit Suisse's global head of FX strategy, says financial markets have scaled back interest in foreign trade and have reverted to complacency. Jeffrey Rosenberg, BlackRock's chief fixed-income strategist, says it's unlikely Americans will see 3% economic growth. Julian Emanuel, the executive director of U.S. equity and derivatives at UBS, says the bull market will continue. Ashwin Alankar, Janus Capital's global head of asset allocation, says the options markets are telling us ...
May 26, 2017•59 min
Alabama Rep. Mo Brooks says Trump's proposed budget aims to prevent the U.S. from sliding into insolvency. Prior to that, Gabriela Santos, JPMorgan Asset Management's global market strategist, says global risks have receded. Donald Straszheim, Evercore ISI's head of China research, says China's debt is still a mystery. Zeke Emanuel, the chair of medical ethics and health policy at the University of Pennsylvania, says Trump's American Health Care Act is cruel. Finally, Tom Ricks, the author of "C...
May 25, 2017•44 min
Mary Jo White, the former SEC Chair, says class warfare against Wall Street isn't healthy. Prior to that, Michael Wilson, Morgan Stanley's chief U.S. equity strategist, says markets will eventually have a tougher time. Stan Collender, MSLGROUP's executive vice president, says Trump's budget could set up a government shutdown in the fall. Francisco Blanch, the head of global commodities research at Bank of America Merrill Lynch, says OPEC can't afford a price war. Finally, Rep. Tom Cole, a republ...
May 24, 2017•44 min
Former CIA Director James Woolsey says we must recognize that we're at war with terrorists and that reorganization of the intelligence community has produced people that are less trained. Prior to that, Stephen Roach, a professor at Yale University, says the U.S. is growing beyond its means. Jan Schakowsky, a representative from Illinois, says she hopes Trump's budget proposal is "dead on arrival." Daniel Kurtzer, the former U.S. ambassador to Israel, says Trump's speech in Jerusalem conveyed th...
May 23, 2017•45 min
President Trump delivers a speech in Jerusalem and says that Iran must immediately stop backing terrorism. Prior to that, Jerome Schneider, PIMCO's head of short-term and funding desk, says we should be preparing for rates moving higher. Jurrien Timmer, Fidelity Investments' director of global macro, says global equities will outperform the U.S. Bruce Bartlett, a historian and author who served as a domestic policy adviser to Ronald Reagan, says Republicans are having a hard time compromising wi...
May 22, 2017•53 min
NATO Secretary General Jens Stoltenberg says President Trump has told him that he is strongly committed to NATO. Prior to that, Robert Hormats, Kissinger Associates' vice chairman, says Merkel is the leader of the G-7 now. Luigi Zingales, a professor at University of Chicago's Booth School of Business, says Republicans have been missing in action in keeping Trump in check. Finally, Max Baucus, a former senator and U.S. Ambassador to China, says the rule of law is beginning to take over with the ...
May 19, 2017•47 min
Apr.29 (Bloomberg) -- Arthur Levitt, former chairman of the U.S. Securities and Exchange Commission, interviews Jeffrey Sachs, Columbia University professor of economics on "A Closer Look With Arthur Levitt." To contact the producer and editor: Michael Lysak +1-212-617-5560 or acloserlook@bloomberg.net See omnystudio.com/listener for privacy information.
May 19, 2017•29 min
George Papaconstantinou, the former Finance Minister of Greece, says there's deep-seated resistance to debt relief. Chris Grisanti, the founder of Grisanti Capital Management, says he's positive on oil. Finally, Greg Valliere, Horizon Investments' chief political strategist, says the odds favor the House keeping control in midterm elections. See omnystudio.com/listener for privacy information.
May 18, 2017•24 min
Ron Hosko, the former assistant director of the FBI, says it's standard practice of every FBI agent to take notes in longer interviews and convert them to memos. Henry Kaufman, the president of Henry Kaufman & Company, says we haven't fully succeeded in deleveraging. Steve Rattner, Willett Advisors' chairman, says the media is overreacting on the legal side when it comes to President Trump. Finally, Helena Kennedy, a member of the House of Lords, says it will take a decade to resolve Brexit ...
May 17, 2017•47 min
As part of Infrastructure Week 2017, Bloomberg gathered federal and local leaders in Washington DC for a conversation on the critical challenges facing cities and states around the country. David Gura spoke with Nashville Mayor Megan Barry, Congresswoman Elizabeth Esty & Columbus Mayor Andrew Ginther. Amy Morris and Alan Bjerga spoke with DC Mayor Muriel Bowser, Charlotte Mayor Jennifer Roberts and New Bedford Mayor Jon Mitchell. See omnystudio.com/listener for privacy information....
May 16, 2017•52 min
Mitch McConnell, the Senate majority leader, tells Bloomberg's Kevin Cirilli why Garland should head the FBI. Prior to that, Peter Hooper, Deutsche Bank's chief economist, says Emmanuel Macron has major challenges ahead, including France's upcoming parliamentary elections. James Stavridis, the dean of the Fletcher School at Tufts University, says it's clear that highly classified information was given to the Russians. Finally, Edward Alden, a senior fellow at the Council on Foreign Relations, sa...
May 16, 2017•40 min
Carl Weinberg, the chief economist at High Frequency Economics, says OPEC's influence on oil prices is "increasingly decreasing." Michael Cannon, Cato Institute's director of health policy studies, says the House didn't show an appetite in repealing Obamacare. James Stavridis, the dean of the Fletcher School at Tufts University, says we should expect more cyber attacks. Oliver Chen, a retail analyst at Cowen, says Macy's is in the epicenter of the retail disruption. Finally, Kevin Brady, the cha...
May 15, 2017•48 min
China isn't manipulating its currency, says U.S. Secretary of Commerce Wilbur Ross, adding that some things about the Volcker Rule can change. Prior to that, John Normand, JPMorgan's head of FX, commodities and international rates research, says sterling will weaken. Roger Bootle, founder of Capital Economics, says the next five to 10 years will be disequilibrium on steroids. Randall Kroszner, a professor at the University of Chicago's Booth School, says he's heartened that the Fed's discussions...
May 12, 2017•44 min
James Stavridis, dean of the Fletcher School at Tufts University, says it's remarkable to see the National Security Advisor and the FBI Director both fired in Trump's first 112 days. Prior to that, Charles Powell, a member of the House of Lords, says Brexit hasn't caused panic in the U.K. Dennis Gartman, editor of the Gartman Letter, says more inflation is on the horizon. Finally, Howard Davidowitz, chairman of Davidowitz and Associates, says Amazon will do more apparel sales than Macy's. See om...
May 11, 2017•36 min
Greg Valliere, Horizon Investments' chief global strategist, discusses James Comey's dismissal and says Trump's agenda is stalled and tax reform is dead for this year. Prior to that, Marvin Barth, Barclays' global head of FX strategy, says the ECB is still on course to change its forward guidance. Wendy Carlin, a professor at University College London, tells Tom Keene and David Gura how to get younger generations invested in economics. Finally, Eli Lake, a Bloomberg View columnist, says the Whit...
May 10, 2017•29 min
Jonathan Fenby, TS Lombard's director of European political research, and RBS Chairman Howard Davies discuss Emmanuel Macron's speech at the Louvre, the future of France's political landscape and the relationship between Macron and Angela Merkel. Erik Nielsen, Unicredit's chief economist, says Trump will be ineffective in talking down the dollar. Steven Wieting, Citi Private Bank's global chief strategist, says a Fed balance sheet adjustment will be volatile. Finally, Scott Snyder, a senior fell...
May 09, 2017•45 min
Maurice Levy, the outgoing CEO of Publicis, says Emmanuel Macron will disrupt everything because he's young and has the will and determination to address the real issues in France. Richard Attias, chairman of Attias & Associates, says the National Front Party is extremist, not just populist. Renaud Dutreil, former chairman of LVMH, says Macron embodies a fresh and innovative approach to politics. Finally, Ruchir Sharma, chief global strategist at Morgan Stanley, says OPEC's powers are greatl...
May 08, 2017•53 min
Bill Gross, a fund manager at Janus Capital, says real economic growth in the U.S. is a 2 percent number going forward. Prior to that, Jean-Claude Trichet, former ECB president, says he agrees with Emmanuel Macron on respecting rules and reforming France. Alan Krueger, a professor at Princeton University, remembers the legacy of economist William Baumol. Finally, James Glassman, a senior economist at JPMorgan Securities, says low oil prices are bad for energy sectors but great for Americans. See...
May 05, 2017•59 min
Stephen Schork, editor of the Schork Report, says it's a do-or-die moment for oil bulls and that it's clear that OPEC has failed to balance markets. Prior to that, William McNabb, Vanguard Group's CEO, says he's never had a growth objective for Vanguard in 42 years. Komal Sri-Kumar, president of Sri-Kumar Global Advisors, says there's little transparency or clarity coming from the Fed. Libby Cantrill, PIMCO's executive vice president, says fiscal expansions will come, but there will be fewer tha...
May 04, 2017•47 min
In a special edition of Bloomberg Surveillance, Tom Keene speaks with former Federal Reserve Chairman Ben Bernanke ahead of the central bank's latest rate decision. See omnystudio.com/listener for privacy information.
May 03, 2017•45 min
Jim Jordan, House Freedom Caucus founder, says he hopes Congress will vote on health care this week and that President Trump resonates because he has conservative principles with populist tones. Prior to that, Bloomberg Intelligence's Ira Jersey says the Fed wants to shrink the balance sheet. Eswar Prasad, a professor at Cornell University, says China could be doing more about North Korea because it's North Korea's economic lifeline. Arkansas Congressman French Hill discusses the health-care vot...
May 03, 2017•37 min
