Binky Chadha, Deutsche Bank Chief Global Strategist & Head of Asset Allocation, says we are due for a 3-5% pullback in the equity markets as outlined in his "Wobble" call. Meera Pandit, JPMorgan Asset Management Global Market Strategist, says we are in an environment where stocks are "jogging in place." Rob Waldner, Invesco Chief Fixed income strategist & Head of Macro Research, there's a risk that the Fed overstays their welcome. Lee Klaskow, Bloomberg Intelligence, discusses UPS earnin...
Aug 08, 2023•33 min
Lori Calvasina, RBC Capital Markets Head of US Equity Strategy, says the markets need to stop, pause and have a moment of digestion. Mike Wilson, Morgan Stanley Chief US Equity Strategist & Chief Investment Officer and Morgan Stanley Global Investment Committee Chair, says be 'very selective' with stocks. Daniel Ives, Wedbush Senior Equity Analyst, discusses why he's bullish on Apple despite weak earnings. Michelle Meyer, Mastercard Economics Institute Chief Economist for North America, says...
Aug 07, 2023•38 min
Jeff Rosenberg, BlackRock Portfolio Manager of the Systematic Multi-Strategy Fund says we are seeing normalization in the labor market. Ed Yardeni, Yardeni Research President says we're in a rolling recovery, but the second half of the year could be challenging. Tom Forte, DA Davidson Senior Research Analyst, says Amazon's cost cuts could impact customers going forward. Wendy Schiller, Taubman Center for American Politics and Policy Director at Brown University says the Trump indictment embolden...
Aug 04, 2023•26 min
Sree Kochugovindan, Abrdn Senior Research Economist, discusses the BOE raising rates by 25 basis points. John Stoltzfus, Oppenheimer Asset Management Chief Investment Strategist, sees continued earnings resilience. Tom Porcelli, PGIM Fixed Income Chief US Economist, says he doesn't expect the US to suffer through a recession. Tom Wagner, Birmingham City FC Owner and Co-Chairman & Knighthead Capital Co-Founder, discusses his recent purchase of Birmingham City FC. Anurag Rana, Bloomberg Intell...
Aug 03, 2023•38 min
Terry Haines, Pangaea Policy Founder, says he questions Fitch's US credit downgrade and its timing.Robert Tipp, PGIM Fixed Income Chief Investment Strategist, says there has been an erosion in the US and its governance. Bob Michele, JPMorgan Asset Mgmt. CIO & Head of Global Fixed Income, Currency & Commodities, says the US is headed to recession near year-end. Nathan Sheets, Citigroup Global Markets Global Chief Economist, says we need to see some easing in services spending. Amy Wu Silv...
Aug 02, 2023•35 min
Bloomberg's Doug Krizner, Bryan Curtis, and Ed Baxter break down the latest federal charges against former President Donald Trump with Bloomberg Law host June Grasso and Political Contributor Jeanne Sheehan Zaino. See omnystudio.com/listener for privacy information.
Aug 01, 2023•13 min
Elyse Ausenbaugh, JPMorgan Global Wealth Management Investment Strategist, says the Fed could be in a place to cut rates next year. Helane Becker, TD Cowen Senior Research Analyst, says this summer is all about Europe and next year will be all about Asia, as international travel picks up. Jordan Rochester, Nomura G-10 FX Strategist, says his biggest headache right now is higher oil prices. Regina Mayor, KPMG Global Head of Energy, discusses rising oil and gas prices. Jonathan Miller, Miller Samu...
Aug 01, 2023•32 min
Brian Levitt, of Invesco says we're likely to see a pullback in 2024. Carl Weinberg of High Frequency Economics says it's not clear what the Bank of Japan is up to. Wendy Schiller of Brown University says it looks like Donald Trump owns the Republican Party. Doug Kass, Seabreeze Partners President says he's bearish for the remainder of 2023.Zak Brown, CEO of McLaren Racing says it's awesome to see how big Formula 1 has gotten in the United States. Get the Bloomberg Surveillance newsletter, deliv...
Jul 31, 2023•39 min
Geoff Yu, BNY Mellon Sr. Market Strategist, says "everything is on the table" for the BOJ after they announced a surprise loosening of yield curve controls. Jonathan Pingle, UBS Chief US Economist, says the US is still a long way from price stability. Jane Foley, Rabobank Head of FX Strategy, says the BOJ's surprise yield curve actions were to "take themselves away from being pushed into a corner by market conditions." Steve Chiavarone, Federated Hermes Head of Multi-Asset Solutions, sees core C...
Jul 28, 2023•36 min
Richard Clarida, Fmr. Federal Reserve Vice Chair, PIMCO Global Economic Advisor & Columbia University Professor, says one more Fed hike is in play in the fall. James Athey, Abrdn Investment Director, reacts to the ECB hiking rates by 25 basis points. Vincent Reinhart, Dreyfus and Mellon Chief Economist and Macro Strategist, says Fed Chair Jerome Powell is "pretty confusing."Mandeep Singh, Bloomberg Intelligence, discusses Meta revenue, forecast beating estimates. Get the Bloomberg Surveillan...
Jul 27, 2023•36 min
Bloomberg's Tom Keene, Jon Ferro and Lisa Surveillance discuss remarks from Fed Chair Jay Powell following the Federal Reserve's latest policy decision. See omnystudio.com/listener for privacy information.
Jul 26, 2023•26 min
Bloomberg's Tom Keene, Jon Ferro and Lisa Abramowicz break down the Federal Reserve's latest policy decision on a special edition of Bloomberg Surveillance. See omnystudio.com/listener for privacy information.
Jul 26, 2023•30 min
Ethan Harris, BofA Securities Head of Global Economics, sees a mild recession early next year. Frances Donald, Manulife Investment Management Global Chief Economist & Strategist says market is pricing in four Fed rate cuts next year. Kathy Jones, Charles Schwab Chief Fixed Income Strategist says there's a lot of disinflation in the pipeline. Dan Ives, Wedbush Sr. Research Analyst says AI is going to bigger than the street anticipates. Sean O'Brien, Brotherhood of Teamsters General President ...
Jul 26, 2023•39 min
Drew Matus, Chief Market Strategist at MetLife Investment Management sees longer term potential growth at 3% GDP. Marilyn Watson, BlackRock Head of Global Fundamental Fixed Income says the US remains on solid economic footing and doesn't expect a recession. Paul Jacobson, General Motors CFO says the company has the vehicles customers demand. Michael Zezas, Morgan Stanley Head of Fixed Income Research says the Fed will hike this month, but not in September. David Rubenstein, Carlyle Group Co-Foun...
Jul 25, 2023•38 min
Gargi Chaudhuri, BlackRock Head of iShares Investment Strategy Americas, says its too early to call victory on inflation. Kathy Bostjancic, Nationwide Mutual Insurance Chief Economist, expects to see the last Fed hike of this cycle at Wednesday's meeting. Matt Brill, Invesco Head of North America Investment Grade Credit, says we are set up for 6 months of good total returns. Kona Haque, ED&F Man Head of Research, says Russia is strategically blocking grains. Get the Bloomberg Surveillance ne...
Jul 24, 2023•31 min
Mohamed El-Erian of Queens' College Cambridge expects a dovish Fed and a hawkish BOE. Win Thin of Brown Brothers Harriman could see a higher dollar ahead. Elina Ribakova of the Peterson Institute for International Economics says the situation in the Black Sea is devastating. David Rosenberg of Rosenberg Research says that the development of AI will mean the fiscal system will need revamping. Vinai Venkatesham of Arsenal FC says the US has become their top international market ahead of their frie...
Jul 21, 2023•39 min
Peter Tchir, Academy Securities Head of Macro Strategy, says the Fed will hike in July and that will be it.Geetha Ranganathan, Bloomberg Intelligence, discusses Netflix earnings. Ian Lyngen, BMO Capital Markets Head of US Rates Strategy, expects a dovish hike from the Fed next week. Steve Trent, Citi Americas Airline Analyst & Managing Director, discusses airline earnings, including United and American Airlines. Daniel Ricciardo, AlphaTauri F1 Driver, says he hopes to race for Red Bull again...
Jul 20, 2023•35 min
Neil Dutta, Renaissance Macro Research Head of US Economic Research, believes the probability of a Fed hike after July is higher than what markets are pricing in. Anna Han, Wells Fargo Securities Equity Strategist, says you want to be "chasing" big tech momentum but "when the train has left, look for growth opportunities in other areas." Amanda Lynam, BlackRock Head of Macro Credit Research, says more weakness is coming to markets as defaults "flow through" but doesn't necessarily see a recessio...
Jul 19, 2023•28 min
Jay Bryson, Wells Fargo Chief Economist, says we're heading back to 2% inflation. Amy Wu Silverman, RBC Capital Markets Head of Derivatives Strategy, says the market rally could broaden out. Ed Morse, Citigroup Global Head of Commodity Research, sees a $90 ceiling for oil. Gregory Peters, PGIM Fixed Income Co-CIO, says markets are gaining excitement as they see policy rates peaking. Christopher Marinac, Janney Montgomery Scott Director of Research, discusses Bank of America and Morgan Stanley ea...
Jul 18, 2023•30 min
Janet Yellen, US Treasury Secretary, discusses tariffs on China and the state of the US economy. David Bailin, Citi Global Wealth CIO, says 2-2.5% inflation is possible in 2024. Kelsey Berro, JPMorgan Asset Management Fixed Income Portfolio Manager, says if the Fed is at the end of the cycle, bonds are going to outperform. Tom Michaud, KBW CEO, expects to see more consolidation among the smaller US banks. Get the Bloomberg Surveillance newsletter, delivered every weekday. Sign up now: https://ww...
Jul 17, 2023•40 min
Ken Leon, CFRA Director of Equity Research, discusses US bank earnings kicking off. Meghan Swiber, BofA Director of US Rates Strategy, expects stickier inflation in the near-term. Anastasia Amoroso, iCapital Chief Investment Strategist, says the US is on track for a soft landing. Pooja Sriram, Barclays US Economist, sees a mild, shallow recession. Get the Bloomberg Surveillance newsletter, delivered every weekday. Sign up now: https://www.bloomberg.com/account/newsletters/surveillance See omnyst...
Jul 14, 2023•25 min
Torsten Slok, Apollo Global Management Chief Economist, says we are nowhere near the 2% inflation target.Ed Yardeni, Yardeni Research President, is sticking with his 4,600 S&P price target but says it could be raised to 4,800. Alan Ruskin, Deutsche Bank Chief International Strategist, expects GDP growth in the US to be the slowest among the major economies. Erika Najarian, UBS Equity Research Analyst, Large-Cap Banks and Consumer Finance, previews US bank earnings kicking off Friday. Get the...
Jul 13, 2023•33 min
Chief Financial Officers now play a critical role in shaping corporate strategy and positioning organizations to meet future challenges. Bloomberg's monthly program, Chief Future Officer, profiles these leaders and explores the impact they're making on their companies and industries. This episode profiles Fenway Sports Group CFO Julie Swinehart, who plays a central role in the company's plans to expand its portfolio of professional sports teams and continue investing in venues and real estate de...
Jul 13, 2023•22 min
Bill Dudley, Fmr. NY Fed President & Bloomberg Opinion Columnist, says the latest US CPI data won't change the Fed's trajectory in the July meeting. Michael Gapen, BofA Securities Head of US Economics, sees nominal GDP growth remaining healthy until 2025. Megan Horneman, Verdence Capital Advisors Chief Investment Officer, says the Fed can't take their foot off the pedal yet. Michael Darda, MKM Partners Chief Economist & Market Strategist, discusses the US June CPI print. Get the Bloomber...
Jul 12, 2023•24 min
Lara Rhame, FS Investments Chief US Economist, still expects a recession but says it doesn't have to be severe. Phil Camporeale, JPMorgan Asset Management Multi-Asset Portfolio Manager, says his recession probability has dropped to 25% from 40% in March. Claudia Sahm, Former Federal Reserve Economist, Sahm Consulting Founder & Bloomberg Opinion Columnist, says everything is puzzling with the Fed. Brent Schutte, Northwestern Mutual Wealth Management Chief investment Officer, expects a short a...
Jul 11, 2023•35 min
Lori Calvasina, RBC Capital Markets Head of US Equity Strategy, says if we do have a recession, the market will be able to focus on the bigger picture and it may not be as damaging as some assume. Bruce Kasman, JPMorgan Chief Economist & Head of Global Economic Research, says we'll need a recession in order to get inflation to 3% or below. Alifia Doriwala, RockCreek Group Managing Director, says diversification is key, "especially in this type of uncertain environment." Gennadiy Goldberg, TD...
Jul 10, 2023•27 min
Julie Su, Acting US Secretary of Labor, discusses the US June payrolls report coming in below estimates. Randall Kroszner, University of Chicago Booth School Professor of Economics & Fmr. Fed Governor, says "wage growth is still stronger than the Fed will feel comfortable with." Lindsey Piegza, Stifel Chief Economist, says the jobs report "keeps the Fed on the path for an addition rate increase later this month." Christian Horner, Red Bull Racing Team Principal, says Max Verstappen "continue...
Jul 07, 2023•28 min
Andrew Hollenhorst, Citi Chief US Economist, reacts to the ADP report and US jobless claims. Dominic Konstam, Mizuho Americas Head of Macro Strategy, says a hard landing is still on the radar. Emily Roland, John Hancock Investment Management Co-Chief Investment Strategist, says we're in a "tricky late-cycle environment." George Goncalves, MUFG Head of US Macro Strategy, says it would take a lot to derail a hike at the next Fed meeting. As Instagram unveils the Threads app, Dan Ives, Wedbush Seni...
Jul 06, 2023•45 min
Ed Hyman, Evercore ISI Chairman & Head of Macro Economic Research, sees the Fed hiking one more time then they will be done. Thomas Tzitzouris, Strategas Head of Fixed Income Research, believes inflation expectations are bottoming for this cycle. David Lebovitz, JPMorgan Asset Management Global Market Strategist, warns against chasing the rally. Ellen Wald, Atlantic Council Senior Fellow, isn't surprised by Saudi Arabia's search for "global prestige" in the sports world, as they are "not rea...
Jul 05, 2023•47 min
Ellen Zentner, Morgan Stanley Chief US Economist says it would take a payroll print of less than 100,000 and a downside surprise in CPI for the Fed to not hike in July. Tony Crescenzi, PIMCO Market Strategist says the US is in a growth recession today. Anna Han, Wells Fargo Securities says it's time to take some profits on your winners. Jim Bianco, Bianco Research President says rates are going to continue to drift higher. Isaac Boltansky, BTIG Director of Policy Research says the bar is low for...
Jul 03, 2023•46 min
