Bloomberg Audio Studios, podcasts, radio news.
Single best idea, my single best idea, is to have I have a book of the year, an article of the year, an essay of the year, if you will. My essay of the year was Lawrence McDonald last year, who's got a new book out. We'll get to that as we stagger through the spring. One day is going to warm up in New York City? Did it snow to day? Eric? I think it's like, are you kidding me? When's this scent? Plus are playing baseball? The Mets have
played like one game right, I mean, it's terrible. Anyways, the book of the year last year was The Loom of Time, and it is spectacular. I just it's it's standard Robert D. Kaplan, and in this case he goes from Morocco chapter by chapter east over to the stands and chapter three wanders into Constantinople. And so we had the Airwan News. I said, of course, get Robert D. Kaplan because the Luma Time is spectacular and he's very,
very knowledgeable about the twenty two years of Ariijwuan. We did that, But then the bonus of our extended conversations, I think Paul Sweeny brought this up, was Israel and what we see in Gaza and what all of us are agonizing over in the Levant Here is Robert D. Kaplan on efter net Nyahu.
I think the morning after mister N'atagne who exits, you will see the same policy more or less applied in Gaza. You know, a determination to fit to kill off those or to defeat those last six or eight battalions of Hamas in southern Gaza, in the Rafach area, the desire to keep pressing militarily to kill off the Hamas leadership, the desire to again restore sovereignty through in northern Israel,
through if necessary, a war with Hesba Lah. I think that I think a lot of us have been, you know, are living in a dream world that the policy is going to suddenly shift forty five or ninety degrees in a direction because of the end of Nettan Yahoo. I think the fundamental you know, war policy will continue, though it will take on a much more diplomatic Guys.
Rabitt Kaplan of course iconic at the Atlantic years ago, a whole series of books, many of which I featured, and again The Loom of Time, my book of the year for two thousand twenty three. What an interesting show today into the jobs report. We'll do the jobs report on Friday. ADP coming in pretty well, great equity conversations as well, but really the news it slipped into the discussion this week has been commodities, and of course, led by Brent Krude back out to ninety dollars a barrel.
There were two giants who slipped away from the major houses at the end of twenty twenty three, and one Jeffrey Curry at Goldman Sachs and another Edward Morse. It's City Group. And I just said to myself, I can't fathom Edward Morris not waking up every day thinking the geopolitics, the macro picture of our global hydrocarbon supply and demand. And of course Edward Morris is teamed up with Hartree. It is an Amarada Hess original company thirty forty years ago.
Oak Tree is involved as well, and of course they're doing great think tank work, if you will, on hydrocarbons. Here is Edward Morse on our supply and demand at ninety dollars a barrel.
I don't think it's the demand side, Tom, I think it's really the supply side. I think it's a combination
of fact is on the supply side. That combination of factors is a restraint that a major producers are having and putting crude oil into the market, and the distory in the market that need to be worked out and they will be worked out, that come from the blockages of the Seuis Canal and leading sum D pipeline is the only way to really get sustainable flows into the Med and out of the Med from the Middle East
and through the Middle East. So we're going to have as we did with Russia Ukraine, working out of freight rates and working out of that distortion, weighing on prices eventually. And what we don't really know is what their response is going to be on the demand side with respect to buying oil from the Middle East and elsewhere, particularly in China.
Ed Morrise ending up there on China and they really want to review this right now. The heritage of Bloomberg surveillance is we're just as interested when our experts are wrong is when they're right, but we do like the trumpet when they're right. Edward Morris with absolutely the greatest
hydro carbon call coming out of the pandemic. Everyone was looking for bigger demand, many models of ninety dollars a barrel, one hundred dare I say modeling out a fan distribution up to one hundred and ten one hundred and twenty dollars a barrel, And Edward Morris very quietly said, no, supply will come on. And he was dead right. He was just he absolutely nailed oil. I'm going to say, is a broad sense twenty twenty out to two thousand and twenty two. That's the kind of guest that we
like to see. Of course, Bloomberg Surveillance on Apple car Play on Google as well. Download the Bloomberg Business app and you can get over to Apple car Play. It's just the new consumption. Eric's in the fancy cars. I don't have it in the nash, but you know it's in Like if you have a fancy car, you have Apple car Play. So they're going to build that out and I'll take one, two, three, four years. Is our cars age? Unlike us and the others. YouTube YouTube search,
Bloomberg podcasts. We are humbled, but I just got the month end results. Thank you so much internationally for the YouTube attention. And there's a live chat there is. Well, we're really thrilled with Single Best Idea. We're bringing it out. We're looking at artwork and you know, fancy other stuff as well. Hope you like it. At Apple is a place to get this podcast, Single Best Idea