Adam Posen, Peterson Institute for International Economics President, says 3% growth is not sustainable. Jane Foley, Rabobank Head of FX Strategy, says a lack of budget discipline is considered to be negative for a currency. Michael Holland, Holland & Co. Chairman and Founder, says the best time to sell is when the markets are enthusiastic. Vanessa Friedman, New York Times Fashion Director & Chief Fashion Critic, and Robert Burke, Robert Burke Associates Chairman & CEO, review New Yo...
Feb 16, 2018•42 min
Howard Ward, Gabelli Funds CIO of Growth Equities, says he's not sure if this is a market rally that can be trusted. Terry Haines, Evercore ISI Head of US Policy & Political Analysis, says Pres. Trump has proved not to be a Congressional Republican. Tobias Levkovich, Chief US Equity Strategist at Citi, thinks the next several earnings seasons are going to be good. Steven Cook, CFR Senior Fellow for Middle East & Africa Studies, expects Sec. Tillerson to get a cold welcome in Turkey today...
Feb 15, 2018•38 min
John Ryding, Founder of RDQ Economics, thinks the stimulus we're getting is pretty unprecedented. Gideon Rose, Foreign Affairs Magazine Editor, says we're getting a global lesson in comparative politics right now. Frances Donald, Manulife Asset Management Senior Economist, says to pay attention to the retail sales number. Bill Rhodes, Citigroup Former Vice Chairman, thinks some investors have gone overboard because they didn't want to be left out. See omnystudio.com/listener for privacy informat...
Feb 14, 2018•30 min
Harm Bandholz, Unicredit Chief U.S. Economist, says we've just hit a new record high in terms of deficit. Stan Collender, Georgetown University’s McCourt School of Public Policy Professor, says it remains to be seen whether the bond vigilantes will be coming back in force. Abby Joseph Cohen, Goldman Sachs Advisory Director and Senior Investment Strategist, says she prefers to look at intermediate and long-term issues in the markets. Garrett Graff, Author of the "The Threat Matrix", says the thin...
Feb 13, 2018•35 min
George Bory, Wells Fargo Securities Head of Credit Strategy, sees the 10-year hitting 3% if we get an inflation surprise on Wednesday. Jared Bernstein, Senior Fellow at the Center Budget and Policy Administration, says that politicians just haven't been able to resist spending. Robert Shiller, Yale Professor of Economics, believes efficient markets are a half-truth. Joachim Fels, PIMCO Global Economic Adviser, doesn't think the correction is enough to derail the economy. See omnystudio.com/liste...
Feb 12, 2018•29 min
James Sweeney, Credit Suisse Chief Economist and International Wealth Management Division Americas CIO, thinks the market has been pricing in more policy than usual. Jeff Currie, Goldman Sachs Global Head of Commodities and Research, says the reflation story really began in April 2016. John Hudak, Brookings Senior Fellow of Governance Studies, says a lot of government agencies have had hiring troubles. Dennis Gartman, Gartman Letter Economist, Editor & Publisher, says he's dismayed that the ...
Feb 09, 2018•25 min
Mike Wilson, Morgan Stanley Chief U.S. Equity Strategist, says we haven't had portfolio disruption yet but he think it's to come. Doug Kass, Seabreeze Partners President, says the lesson learned in this week's liquidity event is that history rhymes. Paul Sweeney, Bloomberg Intelligence U.S. Director of Research, says Twitter is not a growth story but it is an engagement story. Admiral Stavridis, Dean of Fletcher School of Law and Diplomacy, says a military parade is not a good deal for troops. S...
Feb 08, 2018•31 min
Kit Juckes, Societe Generale Chief FX Strategist, and Marc Chandler, Brown Brothers Harriman Global Head of Currency Strategy, discuss the latest in currency moves. Mervyn King, Former Bank Of England Governor, says we ought to be concerned about whether banking problems in other parts of the industrialized world could spill over into our economy.Bill Hoagland, Bipartisan Policy Center Senior Vice President, says you cannot govern in a country as large as the United States in a partisan way. Ste...
Feb 07, 2018•33 min
Dean Curnutt, Macro Risk Advisors CEO, and Bruce Kasman, J.P. Morgan Chief Economist, discuss the stock market plunge from a macro standpoint. Steven Major, HSBC Managing Director and Global Head of Fixed Income Research, says we've had several months of a one-way street with bonds going up and equities rallying. Sarah Ponczek, Bloomberg Cross-Asset reporter, gives us a breakdown of volatility. Alberto Gallo, Algebris Investments Head of Macro Strategies, says we've seen a small correction and w...
Feb 06, 2018•26 min
Chris Verrone, Strategas Research Partners Head of Technical Analysis, and Marcus Ashworth, Bloomberg Gadfly Columnist, take a close look at the market selloff. David Wessel, Brookings Institution's Hutchins Center on Fiscal and Monetary Policy Director, imagines that Fmr. Fed Chair Janet Yellen will continue to focus on labor markets in her work at Brookings. Michael Zezas, Morgan Stanley Chief U.S. Public Policy Strategist, says it's unclear what both sides are willing to accept in NAFTA negot...
Feb 05, 2018•27 min
Description: Tom Keene and Scarlet Fu are joined by Fmr. Federal Reserve Chair Alan Greenspan, Janus Henderson Portfolio Manager Bill Gross, Grant Thornton Chief Economist Diane Swonk, and in-house Bloomberg experts to break down Fed Chair Janet Yellen's final Fed meeting. See omnystudio.com/listener for privacy information.
Feb 02, 2018•55 min
Nouriel Roubini, Roubini Macro Associates Chairman and NYU Stern School of Business Professor, says bitcoin is the mother of all bubbles. Alan Krueger, Princeton University Economics Professor, says labor unions could do a better job of marketing themselves. Bill Gross, Janus Henderson Fund Manager, predicts retail is going to be sensitive from this point forward following this month's jobs report. Julia Coronado, President and founder of MacroPolicy Perspectives, says the most significant part ...
Feb 02, 2018•33 min
Gary Shilling, A. Gary Shilling President, says complacency in the markets is extreme. David Kirkpatrick, Techonomy Media CEO, says he's seen user saturation coming for Facebook for some time. Kate Warne, Edward Jones investment strategist, advises investors to prepare for volatility. Mike Jackson, AutoNation CEO, says he's very concerned about the conversation around NAFTA. See omnystudio.com/listener for privacy information.
Feb 01, 2018•35 min
Martin Feldstein, George F. Baker Professor of Economics at Harvard University, says it's going to be hard to convince Congress to add to the deficit with a significant infrastructure project. Jaret Seiberg, Cowen Washington Research Group Policy Analyst, says cryptocurrencies may become heavily regulated in the U.S. Austan Goolsbee, University of Chicago Booth School Professor, says the hypocrisy among lawmakers in Washington doesn't make any difference anymore. Bhaskar Chakravorti, The Fletche...
Feb 01, 2018•30 min
Chris Rupkey, MUFG Union Bank Chief Financial Economist, asks how Washington will pay for new infrastructure and healthcare programs following the tax cuts. Max Nisen, Bloomberg Gadfly Columnist, joins to breakdown the news that JPMorgan, Amazon, and Berkshire Hathaway are partnering to create a healthcare company for their U.S. Employees. Terry Haines, Evercore ISI Head of U.S. Policy & Political Analysis, says he'll be listening for signals on housing finance and trade in President Trump's...
Jan 30, 2018•29 min
Gabriela Santos, JPMorgan Asset Management Global Market Strategist, thinks President Trump's speech in Davos at the World Economic Forum was well received. Dana Telsey, Telsey Advisory Group CEO, says she is seeing experiential retail come to the forefront. Edward Alden, Council on Foreign Relations Senior Fellow, says U.S. manufacturers are crying bloody murder because they can't find trained workers. Kenneth Shea, Bloomberg Intelligence Senior Food and Beverage Analyst, phones in from Princet...
Jan 29, 2018•28 min
Gene Sperling, Former National Economic Council Director, says President Trump has proven to be a very divisive figure and it has discouraged tourism in the U.S. Greg Valliere, Horizon Investments Chief Global Strategist, says to talk down the dollar is not constructive for the markets. Ebrahim Rahbari, Citigroup Head of Global Macroeconomics, says bilateral rather than multilateral agreements still work better with sovereign states. Keyu Jin, London School of Economics Professor, says China is ...
Jan 26, 2018•31 min
Carsten Brzeski, ING-Diba Chief Economist, reacts to the European Central Bank Governor Mario Draghi's press conference. Angus Deaton, Nobel Laureate Economist, says policy towards labor in the U.S. is much more hostile than it is in Europe. Robert Sinche, Amherst Pierpont Global Strategist, says the momentum of the upside of the Euro is substantial. Daniel Yergin, IHS Markit Vice Chairman, says the rise of U.S. oil production is hugely significant. See omnystudio.com/listener for privacy inform...
Jan 25, 2018•26 min
Kenneth Rogoff, Harvard University Professor, and Laura Tyson, Berkeley Haas School School of Business Distinguished Professor, discuss tax cuts, the deficit, and the dollar. Jacob Frenkel, JPMorgan Chase International Chairman, thinks we should shift the discussion from nominal exchange rate to real exchange rate. Michael Neidorff, Centene CEO, says they've done very well with the Affordable Care Act. Anthony Scaramucci, Former White House Communications Director, says President Trump's delegat...
Jan 24, 2018•29 min
Tom Keene moderates a discussion with Barclays CEO Jes Staley, Citigroup CEO Michael Corbat, Carlyle Group Co-Founder David Rubenstein, Vice Chairman of China's Securities Regulatory Commission Fang Xinghai,Harvard University Professor Ken Rogoff and M&G CEO Anne Richards. They speak at the World Economic Forum's annual meeting in Davos, Switzerland. See omnystudio.com/listener for privacy information.
Jan 24, 2018•1 hr 6 min
Uber CEO Dara Khosrowshahi joins Bloomberg Editor-in-Chief John Micklethwait for a conversation at the World Economic Forum in Davos. Paul Sheard, S&P Chief Global Economist, says central banks are a little too isolated. Stan Collender, Qorvis MSLGROUP Executive VP, says government shutdowns are the new normal. Richard Edelman, Edelman CEO, says 50% of people have turned off mainstream media partly due to the opinionated tone. See omnystudio.com/listener for privacy information....
Jan 23, 2018•35 min
Bill Lee, Milken Institute Chief Economist, predicts the World Economic Forum is going to see a new phase of globalism that includes national priorities. Richard Attias, Global Event Management Founder, says it will be interesting to see what type of format President Trump adopts during his event in Davos. Greg Valliere, Horizon Chief Global Strategist, thinks the immigration debate is going to go on for a very long time. Michael Nathanson, MoffettNathanson Founding Partner and Senior Research A...
Jan 22, 2018•30 min
Themos Fiotakis, UBS Co-Head of FX & Rates, says European bond yields are too low and the market is trying to gauge when the central banks will adjust. Kona Haque, ED&F MAN Head of Research, says coffee is still a very desirable, growing commodity. Isaac Boltansky, Compass Point Senior Analyst, feels highly confident that the debt ceiling will not be used as a game of chicken between the Democrats and Republicans. Andrew Bishop, Eurasia Group Deputy Director of Research, says President T...
Jan 19, 2018•44 min
Jennifer Surane, Bloomberg Regional Bank Reporter, and Bill Blain, Mint Partners Head of Capital Markets, wrap Morgan Stanley's earnings. Brian Klaas, London School of Economics Fellow in Comparative Politics, says international election rigging is going to become the new normal. Don Straszheim, Evercore ISI Senior Managing Director of China Research, feels Washington doesn't want to be the global leader and China is incapable of it. Bart van Ark, Conference Board Chief Economist, says finding a...
Jan 18, 2018•28 min
Yalman Onaran, Bloomberg Senior Writer, and Janet Henry, HSBC Global Chief Economist, wrap bank earnings and provide an outlook for 2018. John Hudak, Brookings Governance Senior Fellow, says we're at a crossroads in U.S. politics in regards to infrastructure spending. David Herro, Harris Associates CIO for International Equity, says there is still space for Glencore to re-rate. Kristina Hooper, Invesco Chief Global Market Strategist, says there are definitely animal spirits about tax reform stil...
Jan 17, 2018•25 min
Robin Niblett, Chatham House Director, says we're moving to a stage where America's traditional allies cannot count on America to have their back. David Page, AXA Investment Managers Senior Economist, questions the sustainability of the growth that resulted from U.S. tax reform. Lindsey Piegza, Stifel Chief Economist, says she's still looking for something below 3% GDP growth in the fourth quarter. Niall Ferguson, Harvard University Professor, says the Chinese have evolved a completely different...
Jan 16, 2018•29 min
Brad Hintz, New York University Professor, and Dakin Campbell, Bloomberg Wall Street Reporter, start off earnings season with a review of JPMorgan's results. Ellen Zentner, Morgan Stanley Chief U.S. Economist, says a cyclical pickup in productivity can stretch the CapEx cycle. Neil Dhar, PwC Head of Financial Services, says U.S. banks are strong and they're getting stronger. See omnystudio.com/listener for privacy information.
Jan 12, 2018•25 min
Russ Koesterich, BlackRock Global Allocation Fund Portfolio Manager, says less than 20% of the global bond market yields 4%. Komal Sri-Kumar, Sri-Kumar Global Strategies President and Founder, says you don't give money to the top 1%: the lower earners are the big consumers.Rep. Bill Pascrell, (D) New Jersey, says we're treating hardworking immigrants like second-class citizens. Dennis Gartman, Gartman Letter Editor and Publisher, says there's a fear we are starting a multi-decade bond bear marke...
Jan 11, 2018•28 min
Carl Weinberg, High Frequency Economics Founder, says he likes to think that President Trump's handlers are sending him to Davos to repair ties damaged over the past year. Jeff Currie, Goldman Sachs Global Head of Commodities Research, says shorting base metals in the midst of an economic expansion is a very dangerous proposition. Ernest Moniz, former U.S. Energy Secretary, says the denuclearization of the Korean Peninsula is a long-term goal. Bill Gross, Janus Henderson Fund Manager, says we're...
Jan 10, 2018•35 min
George Saravelos, Deutsche Bank Global Co-Head of FX Research, says asset valuations will be the biggest problem for the dollar this year. Stanley Collender, Qorvis MSLGROUP Executive VP, says as interest rates rise, it will begin to become a political problem. Jeff Sprague, Vertical Research Partners Managing Partner, provides an overview of the industrial sector. Jared Bernstein, Center on Budget & Policy Senior Fellow, says when we hit the next recession, we will have too little monetary ...
Jan 09, 2018•23 min
