Bloomberg Surveillance
2,078 episodes - English - Latest episode: almost 3 years ago - ★★★★ - 907 ratingsTom Keene, Jon Ferro, Lisa Abramowicz, and Paul Sweeney have the economy and the markets "under surveillance" as they cover the latest in finance, economics and investment, and talk with the leading voices shaping the conversation around world markets.
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Episodes
Trump Doesn't Have to Play Hero Role, Just a Less Destructive One, Gabriel Says
August 23, 2017 16:53 - 37 minutesChuck Gabriel, president of Capital Alpha Partners, says Trump doesn't have to play a heroic role, just a less destructive one. Gary Shilling, president of A. Gary Shilling & Co., says massive tax reform is due in the U.S. Finally, Jacques Rousseau, the managing director of global oil and gas at Clearview Energy Partners, says there's a disconnect in gas consumption data. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
Trump Is Over-Relying on Military Advice, Former U.S. Army Secretary Says
August 22, 2017 16:56 - 35 minutesFormer U.S. Army Secretary Eric Fanning says President Trump is over-relying on military advice and that his views on Afghanistan have evolved significantly. Prior to that, Conrad Dequadros, RDQ Economics' senior economist, says there's a low chance that U.S. fiscal policy will change. Finally, Lawrence Korb, the former assistant secretary of defense, says Trump's policy on Afghanistan risks inciting terrorists. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
Trump Should Apologize for Charlottesville Comments, Former GM CEO Says
August 21, 2017 17:25 - 44 minutesFormer GM CEO Dan Akerson says President Trump can win back peoples' good will with good deeds. Prior to that, Nathan Sheets, chief economist at PGIM Fixed Income, says Mario Draghi will probably focus on international economic issues at Jackson Hole. Brad Blakeman, a Republican strategist, says it's now up to Trump to unite the country. Finally, Grover Norquist, president of Americans for Tax Reform, says Steven Bannon's tax proposal was the "stupidest, dumbest and more destructive" idea he'...
Authorities Knew Barcelona Attack Site Was Vulnerable, Klausen Says
August 18, 2017 17:51 - 37 minutesJytte Klausen, a professor at Brandeis University, says terror attacks in Europe reflect failures by local officials. Jim Glassman, JPMorgan Chase's commercial banking head economist, says the Fed needs to hold high ground. John Hudak, a senior fellow at the Brookings Institution, says President Trump still has a lot of tacit support. Finally, Mitch Lowe, the CEO of MoviePass, says cinemas must ramp up their security. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
America Suffers From 'History Deficit Disorder,' Brinkley Says
August 17, 2017 16:36 - 52 minutesDouglas Brinkley, a historian and professor at Rice University, says there's a fierce hatred between Americans. Prior to that, Senator Benjamin Cardin, a Democrat from Maryland, says more people need to speak out against President Trump. David Herro, Harris Associates' CIO of international equity, says there are still opportunities in Italian banks. Republican Representative David Reichert says Trump's Charlottesville remarks were concerning. Finally, Chuck Robbins, the CEO of Cisco, says the...
Wal-Mart Is Killing Small-Town America More Than Amazon, DeLong Says
August 16, 2017 17:46 - 44 minutesBrad DeLong, an economics professor at Berkeley, says Wal-Mart, not Amazon, is killing small-town America. Prior to that, New Jersey Representative Bill Pascrell, a Democrat, says Republicans are afraid to stand up to Trump. Sebastien Galy, a macro strategist at Deutsche Bank, says wages will eventually rise. Finally, Michael Barone, the author of "The Almanac of American Politics," says Democrats and Trump are both behaving irrationally. Learn more about your ad-choices at https://www.ihear...
It's Been Difficult to Get Inflation to Move, Soss Says
August 15, 2017 15:22 - 39 minutesNeal Soss, Credit Suisse's vice chairman of global fixed income, says it's been difficult to get inflation to move and politics is a distraction to markets. Prior to that, Gideon Rose, the editor of Foreign Affairs magazine, says the U.S. isn't Venezuela and President Trump won't bring this country down. Then, Admiral James Stavridis, the dean of the Fletcher School at Tufts University, says he has enormous respect for John Kelly and communicates with him often. Learn more about your ad-choi...
White Supremacy Granted a Place at American Political Table, Ricks Says
August 14, 2017 17:16 - 41 minutesThomas Ricks, a Pulitzer-prize winning author, says U.S. political turmoil is reminiscent of the 1930s. Prior to that, Douglass Kass, founder and partner at Seabreeze Partners, says he expects Twitter to be part of a much larger company by next year. Fred Hochberg, the former chairman of Export-Import Bank of U.S., says the future of the Democratic party will be with the young and millennials. Finally, Michael Mullen, the former chairman of the Joint Chiefs of Staff, says Trump hasn't left hi...
'The Heat Is On' Goldman Sachs, Mayo Says
August 11, 2017 20:17 - 51 minutesMike Mayo, Wells Fargo's head of U.S. large-cap bank research, says the heat is on Goldman Sachs and that he expects to see a jump in Citigroup shares. Prior to that, Doug Bandow, a senior fellow at the Cato Institute, says bluff and bluster doesn't help the U.S. Then, Jeffrey Rosenberg, BlackRock's chief fixed-income strategist, says inflation reports matter to the Fed as it's looking for transitory weakness. Finally, Diane Swonk, founder of DS Economics, says inflation data from September a...
Fed Will Face Questions if Inflation Stays Low, Konstam Says
August 10, 2017 15:40 - 49 minutesDominic Konstam, Deutsche Bank Securities' global rates research head, says the Fed will face questions if inflation stays low and says that fiscal reform may raise potential U.S. growth. Frank Keating, the former governor of Oklahoma, says Trump must be a cheerleader for his agenda. Former Assistant Secretary of State Mark Kimmitt says the U.S. needs to meet Kim Jong-un capability-for-capability and word-for-word so that he's no longer a threat to the region. Finally, Austan Goolsbee, a prof...
Democratic Party Needs to Focus on Economic Growth, General Clark Says
August 09, 2017 16:29 - 34 minutesGeneral Wesley Clark, the former NATO Allied Supreme Commander, says the Democratic party needs to focus on economic growth. Prior to that, Ted Alden, a senior fellow at the Council on Foreign Relations, says China is North Korea's primary trade partner and sanctions will squeeze North Korea's economy to a degree we haven't seen in the past. Michael Nathanson, a senior research analyst at MoffettNathanson, says cable companies may shift the profit they made from TV to profit from broadband. F...
Ackman's ADP Fight Is Diverting the Business, Cooperman Says
August 08, 2017 15:46 - 44 minutesLeon Cooperman, chairman and CEO of Omega Advisors, talks about Bill Ackman's plans for Automatic Data Processing Inc. Prior to that, Martin Sorrell, CEO of WPP, says China is becoming a major technological force. Then, Jared Bernstein, a senior fellow at the Center on Budget Policy, says the U.S. tax codes are just too complex. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
No Risk of Inflation Taking Off, Posen Says
August 07, 2017 15:17 - 52 minutesAdam Posen, president of the Peterson Institute for International Economics, says the Fed is in a period of "normal" difficulties. Prior to that, Kevin Logan, HSBC's chief U.S. economist, says the Fed is on course to begin its disinvestment policy. Deborah Lehr, a senior fellow at the Paulson Institute, says there's concern about China's abilities to combat North Korea. Finally, Alexia Howard, a senior research analyst at Sanford Bernstein, says Mondelez is struggling in emerging markets. Le...
Gary Cohn Says to Expect More Deregulation
August 04, 2017 15:10 - 50 minutesWhite House economic adviser Gary Cohn says there's more deregulation to come. Prior to that, Jim Glassman, a senior economist at JPMorgan, says U.S. benchmarks we used to have are obsolete. Mohamed El-Erian, a Bloomberg View columnist, says Euro gloom has given way to Euro optimism. Alan Krueger, a professor at Princeton University, says technology isn't a job-killer. Finally, Bill Gross, a fund manager at Janus Henderson, says real interest rates are a problem. Learn more about your ad-cho...
Amazon/Whole Foods Deal Is a 'Net-Net Win,' Kantor Says
August 03, 2017 15:50 - 32 minutesNeuberger Berman's Charles Kantor discusses the Amazon/Whole Foods deal and also says GE's Jeff Immelt performed well for his company. Peter Westaway, Vanguard Asset Services' chief European economist, says the slightly dovish message from the BOE is appropriate. Finally, Michael Chertoff, former U.S. Secretary of Homeland Security, says the scale of cyberattacks will grow. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
Volcker Rule Is Cumbersome, Goldman Sachs CEO Blankfein Says
August 02, 2017 15:53 - 43 minutesLloyd Blankfein, Goldman Sachs' chairman and CEO, and Michael Bloomberg, founder and majority owner of Bloomberg LP, discuss banking regulation and the impact on business. Prior to that, Credit Suisse's Matthew Rothman and JPMorgan's Gabriela Santos share lessons learned 10 years after the financial crisis. Finally, James Stavridis, the dean of Fletcher School at Tufts University, says General John Kelly is all about duty. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
Intesa Sanpaolo Is a Solid and Undervalued Bank, Herro Says
August 01, 2017 15:37 - 50 minutesDavid Herro, Harris Associate's CIO of international equity, says the European economy is finally seeing a spark. Prior to that, Christopher Grisanti, founder of Grisanti Capital Management, says the Discovery-Scripps deal is desperation not to be left behind. Charles Gabriel, founder of Capital Alpha Partners, says the health-care bill is "mostly dead." Finally, PIMCO's Joachim Fels says Trump is winning the "cold currency war." Learn more about your ad-choices at https://www.iheartpodcastn...
GOP Has Been Compromised by Protectionism, Sen. Jeff Flake Says
July 31, 2017 15:28 - 1 hourArizona Senator Jeff Flake says many people are concerned about President Trump's chaotic White House atmosphere. Prior to that, Michael Shaoul, CEO of Marketfield Asset Management, says 2017 may be the best year for markets since 2009. Wendy Schiller, the chair of political science at Brown University, says established Republicans don't want to work for Trump. Russ Koesterich, a money manager at BlackRock, says OPEC isn't in control. Finally, Dennis Gartman, editor of the Gartman Letter, say...
Americans Deserve Thorough Consideration of Tax Reform, Doggett Says
July 28, 2017 15:54 - 56 minutesTim Adams, President and CEO of the Institute of International Finance, said we can still get a deal on tax reform in fourth quarter of 2017 or first quarter of 2018. George Bory, Wells Fargo Head of Credit Strategy, said he thinks bond yields will go up a bit and is looking to protect bond price returns. Steven Friedman, senior economist at BNP Paribas Asset Management, said consumers will continue to drive economic growth. Rep. Lloyd Doggett (D-TX) House Ways and Means Tax Policy Subcommitt...
Randy Quarles is Ideal Choice for Fed Job, Clarida Says
July 27, 2017 16:43 - 33 minutesBob Nardelli, Former Chrysler & Home Depot CEO & Chairman, said rolling back restrictions and lowering corporate tax rates will help companies stay in the U.S. and make money. Richard Clarida, PIMCO Strategic Advisor, said the U.S. inflation picture can turn on a dime. Robert Tipp, PGIM Fixed Income's Chief Investment Strategist, said volatility is low during rate hike cycles because the Fed has a lot of control. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
Republicans Campaigned to Repeal ACA and Need to Keep Promise, DeMint Says
July 26, 2017 15:48 - 27 minutesFormer Senator Jim DeMint says Republicans need to keep their promise to repeal the Affordable Care Act and that President Trump and Jeff Sessions need to restore their relationship. Prior to that, Michael Darda, MKM Holdings' chief economist, and Ian Bremmer, president of Eurasia Group, discuss European politics and international relations. Finally, Seth Carpenter, UBS' chief U.S. economist, says the current decade is the slowest in productivity growth since World War II. Learn more about y...
GDP Growth at 3 Percent Isn't Going to Happen, Mortimer-Lee Says
July 25, 2017 16:11 - 37 minutesPaul 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. Learn more about your ad-choices at https://www.iheartpodcastnetwork...
GOP Has 'Keys to the Car' But Not Control, Haines Says
July 24, 2017 15:28 - 37 minutesTerry 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. Learn more about your ad-choice...
We Will Get a Different Fed During Next Seven Years, El-Erian Says
July 21, 2017 16:11 - 32 minutesMohamed 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 peo...
Central Bankers Should've Been More Aggressive, Rogoff Says
July 20, 2017 16:07 - 42 minutesKenneth 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 sam...
International Community Isn't Confident in U.S. Policy, Sinche Says
July 19, 2017 16:34 - 40 minutesRobert 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 labo...
Obamacare Marketplace Is Failing, Eurasia's Lieber Says
July 18, 2017 16:29 - 59 minutesJon 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. pol...
Health-Care Bill Must Be Defeated, Penn's Emanuel Says
July 17, 2017 14:45 - 36 minutesEzekiel 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. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
Businesses Have Less Pricing Power Right Now, Dallas Fed President Says
July 14, 2017 16:49 - 49 minutesDallas 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...
There's 'Desired Chaos' in the White House, Rattner Says
July 13, 2017 16:42 - 35 minutesSteve 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, Mar...
Fed Must Raise Rates and Shrink Balance Sheet Thoughtfully, Hill Says
July 12, 2017 16:37 - 48 minutesArkansas 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. Learn more about your ad-choices at http...
Central Banks Around the World Have Overreached, Plosser Says
July 11, 2017 17:52 - 48 minutesCharles 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. Final...
Trump 'Wounds' Are Self-Inflicted, Valliere Says
July 10, 2017 16:35 - 58 minutesGreg 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...
We're Not In a Bond Rout Yet, Gross Says
July 07, 2017 16:50 - 54 minutesBill 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 fore...
Russians Are Interfering in Western European Politics, Hormats Says
July 06, 2017 16:21 - 44 minutesRobert 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, sa...
The Great Posen/Ryding Debate
July 05, 2017 16:23 - 35 minutesAdam 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 corne...
Abe Has a Chance to Get His Party Back on Track, Feldman Says
July 03, 2017 15:25 - 47 minutesRobert 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. Learn more about y...
Three Percent Unemployment: The Optimism of Unicredit
June 30, 2017 15:47 - 40 minutesHarm 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. Learn more about your ad-choices at https://www.iheartpodcastne...
Banks Are Facing a 'Toxic Cocktail,' Kass Says
June 29, 2017 16:50 - 59 minutesDoug 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 ...
McConnell Will Get His Health Care Votes, Former HHS Secretary Says
June 28, 2017 16:24 - 1 hourFormer 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 stu...
Google Denied Europeans the Benefits of Competition, Vestager Says
June 27, 2017 16:36 - 48 minutesMargrethe 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 se...
Trump Needs to Be President and Stop Tweeting, Mayor Walsh Says
June 26, 2017 15:01 - 47 minutesBoston 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. ...
US Jobless Rate Will Drop to 3.5% Next Year, Hyman Says
June 23, 2017 15:09 - 43 minutesEvercore 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. Learn more about y...
Rising Home Prices Aren't 'Bubble Mentality,' Shiller Says
June 22, 2017 16:11 - 34 minutesRobert 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. Learn more about your ad-...
Senate's 'Secret' Health-Care Bill Is a Worry, Magaziner Says
June 21, 2017 15:58 - 44 minutesSeth 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....
Dollar’s Strength Shows Trust in Trump, Mnuchin Says (Correct)
June 21, 2017 13:40 - 36 minutesU.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...
Amazon Got Whole Foods for Free, Kantor Says
June 19, 2017 15:35 - 44 minutesNeuberger 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. Learn more about your ad-choices at...
Amazon-Whole Foods Deal Could Be Tech or Grocery, Profusek Says
June 16, 2017 15:53 - 51 minutesRobert 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 in...
Clarida Sums Up Yellen's News Conference: 'Trust Me'
June 15, 2017 16:34 - 42 minutesRichard 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 budg...
Leaks and Backstabbing Pushed Loyalty to Forefront, Carson Says
June 13, 2017 17:31 - 52 minutesBen 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 i...