Paul Mortimer-Lee, BNP Paribas' chief market economist, says 3 percent GDP growth isn't going to happen. Prior to that, Tony Dwyer, Canaccord Genuity's chief market strategist, says there's a synchronized global economic recovery. Texas Representative William Hurd says the Trump administration has done a good job in dealing with ISIS. Finally, Ohio Representative Timothy Ryan says there's no real seriousness within the GOP. See omnystudio.com/listener for privacy information....
Jul 25, 2017•37 min
Terry Haines, Evercore ISI's senior political strategist, says the GOP has the "keys to the car" but not complete control and that White House investigations are distractions in D.C. Then, Michael Cohen, the head of energy commodities research at Barclays, says there's a lack of clarity from Libya and Nigeria on oil levels. Finally, Peter Hayes, BlackRock's head of municipal bonds, says new high yield deals that are coming to the markets are structurally weak. See omnystudio.com/listener for pri...
Jul 24, 2017•37 min
Mohamed El-Erian, chief economic adviser at Allianz and a columnist at Bloomberg View, talks about the future of the Federal Reserve. Prior to that, Chris Verrone, who heads technical analysis at Strategas Research Partners, says market trends can influence seasonality. Jeff Sprague, founder of Vertical Research Partners, says GE's cash flow was better for the second quarter, but the company has a big hill to climb to get to the full-year target. Finally, Bloomberg View's Tim O'Brien says people...
Jul 21, 2017•32 min
Kenneth Rogoff, a professor at Harvard University, says central bankers should've been more aggressive during the financial crisis and that India's demonetization was done too quickly. Prior to that, Kathy Matsui, chief Japan equity strategist at Goldman Sachs Japan, says Japanese companies are strong. Robert Shiller, a professor at Yale University, says New York City housing is more affordable than people think. Finally, New Orleans Mayor Mitch Landrieu says Washington's stuck making the same m...
Jul 20, 2017•41 min
Robert Sinche, a global strategist at Amherst Peirpont, says there's a lot of political and monetary uncertainty in the U.S. Then, Donald Straszheim, the head of Evercore ISI's China research team, says Washington won't be able to get what it wants out of China. Douglas Duncan, Fannie Mae's chief economist, expects strong U.S. housing price appreciation to continue. Finally, Jared Bernstein, a senior fellow at the Center on Budget and Policy, says the best thing the Fed can do is let the labor m...
Jul 19, 2017•40 min
Jon Lieber, Eurasia Group's director of U.S. practice, says the federal government will have to step in as the Obamacare marketplace fails. Prior to that, John Silvia, Wells Fargo's chief economist, says there's an imbalance in U.S. economic policies. Jonathan Miller, CEO of Miller Samuel, says credit hasn't normalized for mortgage lendings. Finally, Bloomberg Businessweek's Joshua Green discusses Steve Bannon's influence on power, the thinking behind Trump's actions and the state of U.S. politi...
Jul 18, 2017•59 min
Ezekiel Emanuel, chairman of medical ethics and health policy at the University of Pennsylvania, says the health-care bill must be defeated. Prior to that, Tony Crescenzi, a market strategist at PIMCO, says he expects one more rate hike this year with two to three in 2018. Finally, Greg Valliere, Horizon Investments' chief global strategist, says Trump must widen his circle of advisers. See omnystudio.com/listener for privacy information....
Jul 17, 2017•36 min
Dallas Fed President Robert Kaplan says businesses have far less pricing power right now and to expect wage pressures to mount in the months ahead. Prior to that, Kate Moore, BlackRock's chief equity strategist, says we should feel confident about the sustainability of the market. Megan Murphy, editor of Bloomberg Businessweek, discusses Lloyd Blankfein's banking resiliency. Kenneth Leon, a bank analyst at CFRA, says Wells Fargo is a "super-regional bank" rather than a diversified global bank. F...
Jul 14, 2017•49 min
Steve Rattner, Willett Advisors' chairman, says Trump isn't interested in advice or suggestions in running his White House. Prior to that, Mario Gabelli, Gabelli Funds' CIO of value portfolios, says American companies will get tailwinds as opposed to headwinds. Douglas Elmendorf, the dean of Harvard's Kennedy School, says it's important for GOP leaders to stand up for the CBO and its work. Brian Wieser, a senior research analyst at Pivotal Research Group, says Fox is undervalued. Finally, Martin...
Jul 13, 2017•34 min
Arkansas Congressman French Hill says Fed governors need banking, business and a mixture of experience. Prior to that, Bruce Kasman, JPMorgan's chief economist, says the important thing to look for from the Fed is balance sheet timing. Libby Cantrill, Pimco's executive vice president, says expectations for passing legislation are unrealistic. Finally, Toby Cosgrove, CEO of the Cleveland Clinic, says he doesn't expect the health-care bill to be passed. See omnystudio.com/listener for privacy info...
Jul 12, 2017•48 min
Charles Plosser, the former Philadelphia Fed president, says central banks around the world have overreached and Randal Quarles's nomination would be good for the Fed board. Prior to that, Howard Ward, Gabelli Funds' CIO of growth equities, says we're in a nominal 3 percent GDP world. David Shulkin, U.S. Secretary of Veterans Affairs, says the V.A. has invested heavily in cybersecurity. Doug Bandow, a senior fellow at the Cato Institute, says North Korea's regime is evil, but not crazy. Finally,...
Jul 11, 2017•48 min
Greg Valliere, Horizon Investments' chief global strategist, says Trump's "wounds" are self-inflicted by his sensitivity to criticism and inability to let the Russia story go. Prior to that, Carl Weinberg, High Frequency Economics' chief economist, says Europe inflation is under target. Jim Barry, BlackRock's head of real assets, says the U.S. has underinvested in infrastructure for 30 to 40 years. Finally, Robert Hormats, vice chairman of Kissinger Associates, says a well-functioning global eco...
Jul 10, 2017•58 min
Bill Gross, a fund manager at Janus Henderson, says the bond market isn't in a rout yet and to expect one more Fed rate increase this year, likely in December. Prior to that, Alan Krueger, a professor at Princeton University, says the U.S. is heading toward a labor shortage economy. James Glassman, a senior economist at JPMorgan, says the jobs data for June show people are recognizing the economy's in a better position today. Finally, Max Baucus, the former U.S. ambassador to China, says foreign...
Jul 07, 2017•54 min
Robert Hormats, Kissinger Associates' vice chairman, says Russia is clearly trying to undermine stability among European countries within the NATO alliance. Barry Eichengreen, a professor at the University of California at Berkley, says the U.S. will learn how hard it is to go alone in the world. Roberto Azevedo, the director general at the World Trade Organization, says the Trump administration is still trying to figure out its trade plans. Michael Feroli, JPMorgan's chief U.S. economist, says ...
Jul 06, 2017•44 min
Adam Posen, the president of the Peterson Institute for International Economics, and John Ryding, RDQ Economics' chief economist, agree to disagree on the past, present and future for Fed Chair Yellen and other bankers. Prior to that, David Folkerts-Landau, Deutsche Bank's chief economist, says the Fed will lead the way against market dangers through gradual rate increases and careful communication. Megan Greene, Manulife Asset Management's chief economist, says the Fed's painted into a corner i...
Jul 05, 2017•35 min
Robert Feldman, a senior advisor at Morgan Stanley MUFG, says Shinzo Abe has an opportunity to get his party back on track and Japan wants to play a more active role against North Korea. Prior to that, Berenberg Capital Markets' Mickey Levy says global central banks are conducting policies that are inconsistent with market fundamentals. Finally, Don Katz, founder and CEO of Audible, discusses the evolution of the audio book, podcasts and Audible's relationship with Amazon. See omnystudio.com/lis...
Jul 03, 2017•47 min
Harm Bandholz, Unicredit's chief U.S. economist, talks about his optimistic view of the unemployment rate and says it would be positive for the U.S. if the Eurozone strengthens. Robert Profusek, a partner at Jones Day, says the pace of deal-making isn't slowing but it's taking longer to close. Finally, Dennis Gartman, editor and publisher of the Gartman Letter, says the recent gold drop may have been caused by Venezuela selling. See omnystudio.com/listener for privacy information....
Jun 30, 2017•39 min
Doug Kass, president of Seabreeze Partners, says headwinds in the banking industry could be a "toxic cocktail." Prior to that, Peter Hooper, Deutsche Bank's chief economist, says the ECB will be tapering further by the end of the year. Charles Peabody, an analyst at Compass Point Research, says Jamie Dimon's tech investments have put JPMorgan at an advantage. Dan Yergin, IHS' vice chairman, says big oil will go through soul-searching. Finally, Texas Representative Kevin Brady says the Senate wil...
Jun 29, 2017•59 min
Former Secretary of Health and Human Services Michael Leavitt says Mitch McConnell will ultimately get his 50 votes for health care but will need heavy negotiations. Prior to that, Stan Collender, Qorvis MSLGROUP's executive vice president says the CBO is stronger today than it was two months ago. Komal Sri-Kumar, founder and president of Sri-Kumar Global Strategies, says Christine Lagarde's too optimistic about the U.S. Then, Diane Swonk, CEO of Diane Swonk & Associates, says U.S. GDP is st...
Jun 28, 2017•59 min
Margrethe Vestager, the European commissioner for competition, says Google demoted rivals in favor of Google Shopping. Prior to that, Neal Soss, Credit Suisse's vice chairman of global fixed income, says infrastructure is the way to get GDP higher than 2 percent. David Herro, CIO of international equity at Harris Associates, says Google is a strong, virtuous business but there's concern about privacy. Finally, David Kotok, CEO of Cumberland Advisors, says Amazon's Whole Foods purchase made sense...
Jun 27, 2017•48 min
Boston Mayor Martin Walsh says Trump needs to stop tweeting and focus on issues like infrastructure and the opioid epidemic. Prior to that, William Lee, Milken Institute's chief economist, says raising rates may cause consumers to start spending. Gerard Cassidy, RBC Capital Markets' managing director of equity research, says the real value is in the largest banks. Finally, Robert Sinche, a global strategist at Amherst Pierpont, says it's unhealthy for the Fed to own too much government debt. See...
Jun 26, 2017•47 min
Evercore ISI Chairman Ed Hyman explains why he's so optimistic about the U.S. jobless rate. Mark Haefele, UBS Wealth Management's global chief investment officer, says emerging markets mirror improving U.S. markets. Craig Moffett, MoffettNathanson's senior research analyst, says cable TV isn't done yet. Finally, Max Baucus, a former Senator from Montana, and Michael Cannon, CATO Institute's director of health policy studies, react to the Senate's proposed health-care bill. See omnystudio.com/lis...
Jun 23, 2017•43 min
Robert Shiller, a professor at Yale University, and Peter Wallison, a former Reagan White House counsel, discuss the state of the housing market and Dodd-Frank regulations. Pankaj Ghemawat, a professor at NYU's Stern School of Business, says companies expected a protectionist climate before Trump and Brexit. Finally, Michael Cannon, director of health policy studies at the Cato Institute, says Republicans are doing everything they accused Democrats of doing in 2009. See omnystudio.com/listener f...
Jun 22, 2017•34 min
Seth Magaziner, Rhode Island's general treasurer, says Rhode Islanders are most concerned about the Senate's "secret" health-care bill. Prior to that, Alan Ruskin, Deutsche Bank's global head of G-10 FX strategy, says there aren't many central banks that will be raising rates this year. José Viñals, chairman of Standard Chartered, says Brexit will have a marginal effect on Standard Chartered. Manuel Caldeira Cabral, Portugal's economy minister, says Portugal is on target for 3 percent growth. Fi...
Jun 21, 2017•43 min
U.S. Treasury Secretary Steven Mnuchin talks about the dollar’s strength and tells David Gura that the Trump administration hasn’t yet made a decision on whether to replace the Fed chair. Prior to that, Drew Matus, MetLife Investment Management’s chief market strategist, says the thing that’s being misunderstood the most is that low productivity is cyclical, not structural. Bill Priest, CEO of Epoch Investment Partners, says the VIX is at an abnormally low level. Finally, Tom Leighton, CEO of Ak...
Jun 21, 2017•36 min
Neuberger Berman's Charles Kantor says Amazon effectively got Whole Foods for free as its shares spiked. Prior to that, Hans Humes, CEO of Greylock Capital, says U.S. market leverage isn't nearly as big as it was in 2008. U.S. Commerce Secretary Wilbur Ross says Mexico and Canada are receptive to renegotiations of NAFTA. Finally, General Michael Hayden, the former director of the NSA, says the Robert Mueller investigation will take at least an entire year. See omnystudio.com/listener for privacy...
Jun 19, 2017•44 min
Robert Profusek, partner and chair of global M&A at law firm Jones Day, says he doesn't know whether Amazon's decision to acquire Whole Foods is about retail, tech, grocery or activism. Prior to that, Libby Cantrill, PIMCO's executive vice president, says Washington has become both political and personal. State Street Global Advisors' Kheng Siang Ng says the BOJ isn't ready to act yet. Donald Marron, the Urban Institute's director of economic policy initiatives, says reconciliation must be i...
Jun 16, 2017•51 min
Richard Clarida, a professor at Columbia University, discusses Janet Yellen's news conference and says there's evidence of the Phillips Curve effect in U.S. wages. Prior to that, James Sweeney, Credit Suisse's chief economist, says the U.K.'s outlook is confusing. Richard Painter, a professor at the University of Minnesota, says it appears that Trump fired Comey because of the Russian investigations. Finally, Diana Furchtgott-Roth, a senior fellow at the Manhattan Institute, says Trump's budget ...
Jun 15, 2017•42 min
Ben Carson, U.S. Housing and Urban Development Secretary, says leaks and backstabbing have pushed Trump's arguments about loyalty to the forefront. Prior to that, Gideon Rose, the editor of Foreign Affairs magazine, says Russia's cyber attacks are a strategy to challenge America's dominance. Carsten Brzeski, ING Germany's chief economist, says no one wants an escalation of the situation in Greece. Charles Plosser, the former Philadelphia Fed Bank president, says he's worried about the Fed's inte...
Jun 13, 2017•52 min
William Blair's Nick Heymann tells Tom Keene and David Gura why GE is "hands down" the number one large cap pick. Prior to that, Nicholas Burns, a professor at Harvard's Kennedy School, says the U.K. is searching for an identity. Robert Sinche, a global strategist at Amherst Pierpont, says markets are underestimating the Fed. Finally, Jeff Sprague, the founder of Vertical Research Partners, says GE's cash flow isn't poor but there's been a large disconnect with earnings. See omnystudio.com/liste...
Jun 12, 2017•40 min
