Bloomberg Surveillance

Wei Li, BlackRock Global Chief Investment Strategist, says there's a need for a repricing of risk assets to reflect the higher rate environment. Tom Tzitzouris, Strategas Head of Fixed Income Research, says that continued high interest rates will bite all corners of the economy. Kathy Bostjancic, Nationwide Mutual Insurance Chief Economist, expects wage growth to level off as the Fed works to lower inflation. Amrita Sen, Energy Aspects Director of Research, expects more consolidation in oil as Chevron buys Hess in a $53B deal. Ret. Gen. Frank McKenzie, Global & National Security Institute Executive Director and Fmr. US CENTCOM Commander, says the main objective in the Middle East is to ensure Iran is deterred from further involvement in the war. Get the Bloomberg Surveillance newsletter, delivered every weekday. Sign up now: https://www.bloomberg.com/account/newsletters/surveillance See omnystudio.com/listener for privacy information.

John Bolton, former National Security Advisor and former US Ambassador to the UN, says the US has failed to coherently monitor the situation in the Middle East for close to two decades. Meera Pandit, Global Market Strategist at JPMorgan Asset Management, expects to see continued challenges to the bond market. Greg Valliere, Chief US Policy Strategist at AGF Investments, says the case for US aid to Ukraine and Israel is self-evident. Alex Brazier, BlackRock Investment Institute Deputy Head, says that we've seen the end of the 'great moderation.' Deborah Cunningham, CIO at Federated Hermes Global Liquidity Markets, believes the Fed's message of higher-for-longer remains truthful.Get the Bloomberg Surveillance newsletter, delivered every weekday. Sign up now: https://www.bloomberg.com/account/newsletters/surveillance See omnystudio.com/listener for privacy information.

Speaking at the Economic Club of New York, Federal Reserve chair Jerome Powell suggested the Fed could hold interest rates steady again at its next meeting. But, he warned a future hike isn't out of the question. Powell sat down for an exclusive conversation with Bloomberg Wall Street Week host David Westin, following his remarks.See omnystudio.com/listener for privacy information.

Claudia Sahm, Founder of Sahm Consulting, expects the Fed to get inflation back to 2% in the near future. Mark Esper, former US Secretary of Defense, wants to see a stronger consensus among Western leaders connecting the attacks in Israel to Iran. Cameron Dawson, Chief Investment Officer at Newedge Wealth, says consumer spending is starting to soften. Seema Shah, Chief Global Strategist at Principal Asset Management expects to see an economic slowdown. Brian Wieser, Principal & Senior Media Analyst at Madison & Wall, breaks down the strong earnings report from Netflix.Get the Bloomberg Surveillance newsletter, delivered every weekday. Sign up now: https://www.bloomberg.com/account/newsletters/surveillance See omnystudio.com/listener for privacy information.

Jon Lieber, US Managing Director at Eurasia Group, says the US could potentially become involved in the Israel-Hamas war if strikes happen beyond Gaza. Will Kennedy of Bloomberg News doesn't see a major disruption to oil flow in the short-term. Gerard Cassidy, Large Cap Bank Analyst at RBC Capital Markets, reacts to Morgan Stanley's sluggish 3Q earnings. Binky Chadha, Chief Global Strategist & Head of Asset Allocation at Deutsche Bank, says the equity market's resilience indicates durability in consumer demand. Diana Amoa, CIO of Long Biased Strategists at Kirkoswald Asset Management, says sovereign debt issues remain a concern for the treasury market going forward. Get the Bloomberg Surveillance newsletter, delivered every weekday. Sign up now: https://www.bloomberg.com/account/newsletters/surveillance See omnystudio.com/listener for privacy information.

Bob Doll, Crossmark Global Investments Chief Investment Officer, says margins will come under pressure going forward. Greg Daco, EY Chief Economist, discusses September's strong retail sales report. Meghan Graper, Barclays Global Debt Capital Markets Co-Head, says that more discipline is being applied to investment decisions. Sri Natarajan, Bloomberg News, says recent banks earnings reflect a 'transitional quarter.' Henrietta Treyz says Congress is eager to begin the voting process on aid for Israel.Get the Bloomberg Surveillance newsletter, delivered every weekday. Sign up now: https://www.bloomberg.com/account/newsletters/surveillance See omnystudio.com/listener for privacy information.

Peter Tchir, Academy Securities Head of Macro Strategy, says his favorite hedge at the moment is calls on the treasury market. Steven Major, HSBC Global Head of Fixed Income Research, says there's evidence of capitulation in the markets. Julie Norman, UCL Centre on US Politics Co-Director, says the Israel-Hamas war will define what direction the region goes next. Erika Najarian, UBS Large-Cap Banks & Consumer Finance Equity Research Analyst, discusses bank earnings. Doug Kass, Seabreeze Partners President, explains how he factors geopolitical risk into his outlook as he attempts to anticipate markets.Get the Bloomberg Surveillance newsletter, delivered every weekday. Sign up now: https://www.bloomberg.com/account/newsletters/surveillance See omnystudio.com/listener for privacy information.

ECB President Christine Lagarde, IMF First Deputy Managing Director Gita Gopinath and WTO Director General Ngozi Okonjo-Iweala speak with Bloomberg's Tom Keene at the IMF Meeting in Marrakech, Morocco.See omnystudio.com/listener for privacy information.

Sonali Basak, Bloomberg News, discusses Citi, JPMorgan and Wells Fargo earnings. Ken Leon, CFRA Director of Equity Research, says banks can continue to enjoy net interest income growth if they "hold the line" in deposit costs and the Fed stays higher for longer. Greg Boutle, BNP Paribas Head of US Equity & Derivatives Strategy, believes the Fed has put in its last hike but there is a risk they go again. Greg Valliere, AGF Investments Chief US Policy Strategist, says the current state of Washington is a circus and a clown show. Rep. Mike Lawler, (R) New York, discusses the Israel-Hamas war, as well as Scalise ending his bid for House speaker. Get the Bloomberg Surveillance newsletter, delivered every weekday. Sign up now: https://www.bloomberg.com/account/newsletters/surveillance See omnystudio.com/listener for privacy information.

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 Martin Hoffmann, who holds two leadership positions at the Swiss athletic footwear and apparel company On -- serving as both CFO and Co-CEO. He tells Anna Edwards how On is poised to continue its growth with an increased focus on apparel, raising its profile in tennis, and expanding its portfolio of flagship stores.See omnystudio.com/listener for privacy information.

Jay Bryson, Wells Fargo Chief Economist, says the last mile to get us back to 2% inflation on a sustained basis is tough. David Kelly, JPMorgan Asset Management Chief Global Strategist, still sees inflation coming down. Elliot Ackerman, Former White House Fellow, US Marine Corps Veteran & Co-Author of 2034: A Novel of the Next World War, discusses the Israel-Hamas war. Michael Shaoul, Marketfield Asset Management CEO, sees some sort of yield curve control being brought into the US. Sheila Kahyaoglu, Jefferies Senior Equity Research Analyst, discusses Delta earnings. Get the Bloomberg Surveillance newsletter, delivered every weekday. Sign up now: https://www.bloomberg.com/account/newsletters/surveillance See omnystudio.com/listener for privacy information.

Daleep Singh, PGIM Fixed Income Chief Global Economist, says there's been a flight to quality as markets wade through the "fog of war." Julie Norman, UCL Centre On US Politics Co-director, says Israel faces a challenging path forward as they respond to the attacks by Hamas. Torsten Slok, Apollo Global Management Chief Economist, says the Fed is succeeding with their tightening and that the economy is moving towards a faster slowdown. Savita Subramanian, BofA Global Research Head of US Equity & Quantitative Strategy, says markets can rip from here and sees a 4,600 S&P by year-end. Alix Steel, Bloomberg News and Julian Lee, Bloomberg News, discuss Exxon to buy Pioneer for $60B.Get the Bloomberg Surveillance newsletter, delivered every weekday. Sign up now: https://www.bloomberg.com/account/newsletters/surveillance See omnystudio.com/listener for privacy information.

John Kirby, National Security Council Coordinator for Strategic Communications, says there's no policy decision on re-freezing Iranian money. Tzipi Hotovely, Ambassador of Israel to the United Kingdom, says "Israelis are united now... I'm sure that a unity government will happen and it will be the reality." Stuart Kaiser, Citi Head of US Equity Trading Strategy, says banks have been a particularly tricky sector. Steven Cook, Council on Foreign Relations Senior Fellow for the Middle East and Africa studies, says "Iran is playing the role of the agent of chaos in the region." Rep. French Hill (R) Arkansas, sees the speaker chaos in Washington potentially threatening future aid and support to Israel.Get the Bloomberg Surveillance newsletter, delivered every weekday. Sign up now: https://www.bloomberg.com/account/newsletters/surveillance See omnystudio.com/listener for privacy information.

Ron Dermer, Israel Minister of Strategic Affairs, says Israel has a clear goal to cripple the capabilities of Hamas. Ellen Wald, Atlantic Council Senior Fellow & Author of "Saudi Inc.", discusses oil surging after Hamas' attack on Israel. Steve Chiavarone, Federated Hermes Head of Multi-Asset Solutions, says if you start to see any terrorist activity in non-Middle Eastern countries, that is something that could shake confidence in the world. Norman Roule, Center for Strategic & International Studies Senior Adviser for the Transnational Threats Project, says Iran was unlikely to have played a "robust, active role in planning attacks" on Israel but they do enable proxiesGet the Bloomberg Surveillance newsletter, delivered every weekday. Sign up now: https://www.bloomberg.com/account/newsletters/surveillance See omnystudio.com/listener for privacy information.

Julie Su, United States Acting Secretary of Labor, discusses US payrolls growth blowing past estimates. Randy Kroszner, University of Chicago Booth School Professor of Economics & Former Fed Governor, says it's possible that we could have a Goldilocks scenario with a strong labor market and not-too-high wage growth. Jeff Rosenberg, BlackRock Portfolio Manager of the Systematic Multi-Strategy Fund, says this is a much stronger labor market. Amrita Sen, Energy Aspects Co-Founder and Head of Research, maintains her call of $100 oil by Halloween despite the recent price slump in oil. Get the Bloomberg Surveillance newsletter, delivered every weekday. Sign up now: https://www.bloomberg.com/account/newsletters/surveillance See omnystudio.com/listener for privacy information.

Kelsey Berro, JPMorgan Asset Management Fixed Income Portfolio Manager, says the economy is not going to be able to handle these rates, but the Fed will be the last to admit that. Sarah Hunt, Alpine Saxon Woods Chief Market Strategist, says there's room for fixed income in portfolios. Peter Tchir, Academy Securities Head of Macro Strategy, sees concern as people question the trajectory of treasuries. Kevin Tynan, Bloomberg Intelligence, discusses the latest in the EV market, as well as UAW strikes. Rep. Bill Huizenga, (R) Michigan, expects "real trouble" if bond rates continue to go up, as the US govt faces a potential shutdown on November 17th. Get the Bloomberg Surveillance newsletter, delivered every weekday. Sign up now: https://www.bloomberg.com/account/newsletters/surveillance See omnystudio.com/listener for privacy information.

Rep. French Hill, (R) Arkansas, says GOP principals remain intact but the party has lost their way tactically as Kevin McCarthy was ousted as House Speaker. Gene Tannuzzo, Columbia Threadneedle Global Head of Fixed Income, says we have seen a steepening that should give investors pause. Andrew Hollenhorst, Citi Chief US Economist, says the fact that 10-year yields are higher is probably consistent with what the Fed is trying to achieve. Chris Marinac, Janney Montgomery Scott Director of Research, doesn't expect any big bank failures to happen this year. Jennifer Flitton, Invesco Head of US Government Affairs, says a US government shutdown on November 17th is possible. Get the Bloomberg Surveillance newsletter, delivered every weekday. Sign up now: https://www.bloomberg.com/account/newsletters/surveillance See omnystudio.com/listener for privacy information.

Chris Harvey, Wells Fargo Securities Head of Equity Strategy, discusses Wells Fargo's call for 4420 on the S&P 500 year-end. Robert Tipp, PGIM Fixed Income Chief Investment Strategist, says 5% or 6% on the 10-year could be possible. Sheila Kahyaoglu, Jefferies Senior Equity Research Analyst, says United airlines could save $80M a year if the average passenger weight falls by 10 pounds. Dana Peterson, The Conference Board Chief Economist, says the consumer will face a number of hurdles. Gov. Ned Lamont, (D) Connecticut, says Connecticut is not currently facing a migrant crisis but he's watching the situation carefully.Get the Bloomberg Surveillance newsletter, delivered every weekday. Sign up now: https://www.bloomberg.com/account/newsletters/surveillance See omnystudio.com/listener for privacy information.

Lori Calvasina, RBC Capital Markets Head of US Equity Strategy, says she saw concern, not fear, in markets as the US faced a potential government shutdown. Jordan Rochester, Nomura G-10 FX Strategist, says EUR-USD towards parity is possible. Mike Darda, Roth MKM Chief Economist & Macro Strategist, says yield trades can be unwound over the course of the year if we see softer data. Rep. French Hill (R) Arkansas, discusses congress averting a US government shutdown. Get the Bloomberg Surveillance newsletter, delivered every weekday. Sign up now: https://www.bloomberg.com/account/newsletters/surveillance See omnystudio.com/listener for privacy information.

Julian Emanuel, Evercore ISI Chief Equity & Quantitative Strategist, says it's time to buy equities. Veronica Clark, Citi Economist, discusses US economic data including Personal Income and Spending. Alan Ruskin, Deutsche Bank Chief International Strategist, says the BOJ is trying to straddle a fine line. Patrick Anderson, Anderson Economic Group Founder & CEO, discusses the UAW strikes and says says there's no base case for success in the terms of the electric vehicle transition. Get the Bloomberg Surveillance newsletter, delivered every weekday. Sign up now: https://www.bloomberg.com/account/newsletters/surveillance See omnystudio.com/listener for privacy information.

Matthew Luzzetti, Deutsche Bank Chief US Economist, sees the Fed cutting rates materially next year. Dan Ives, Wedbush Senior Equity Analyst, says bears got it wrong on Apple. Amanda Lynam, BlackRock Head of Macro Credit Research, says we're bracing for a higher-for-longer environment. Rep. Bryan Steil (R) Wisconsin, says the DC system in which they are working on spending may be broken.Get the Bloomberg Surveillance newsletter, delivered every weekday. Sign up now: https://www.bloomberg.com/account/newsletters/surveillance See omnystudio.com/listener for privacy information.

Bob Michele, JP Morgan Asset Management Global Head of Fixed Income says the Fed won't go to 5.75% - 6% rates. Nadia Lovell, UBS Global Wealth Management Senior US Equity Strategist says the earnings recession is over. Ed Mills, Raymond James Washington Policy Analyst weighs in on a looming government shutdown. Amrita Sen, Energy Aspects Co-Founder and Head of Research shares her outlook for oil prices.Get the Bloomberg Surveillance newsletter, delivered every weekday. Sign up now: https://www.bloomberg.com/account/newsletters/surveillance See omnystudio.com/listener for privacy information.

Mike Wilson, Morgan Stanley Chief US Equity Strategist & Chief Investment Officer, says we are seeing a breakdown again in a lot of the stock market. Queens' College Cambridge President Mohamed El-Erian, Former UK Prime Minister Gordon Brown & Nobel Prize-winning economist Michael Spence sit down with Bloomberg's Jonathan Ferro to talk about their new book "Permacrisis: A Plan to Fix a Fractured World", as well as the future of AI. Kathy Jones, Charles Schwab Chief Fixed Income Strategist, says there is evidence higher rates are biting the economy. Elaine Kamarck, Former Clinton Administration Official & Brookings Senior Fellow, discusses Biden set to join the UAW picket line and the 2024 presidential race. Sheila Johnson, BET Co-Founder, discusses her new book "Walk Through Fire: A Memoir of Love, Loss and Triumph." Get the Bloomberg Surveillance newsletter, delivered every weekday. Sign up now: https://www.bloomberg.com/account/newsletters/surveillance See omnystudio.com/listener for privacy information.

This is a special episode of the Bloomberg Surveillance podcast. Jonathan Ferro sits down with global economist Mohamad El-Erian, former UK Prime Minister Gordon Brown and renowned scholar Michael Spence to discuss their new book, 'Permacrisis.'See omnystudio.com/listener for privacy information.

Katy Kaminski of Alpha Simplex sees equity markets disjointed from fixed income. Earl Davis of BMO Asset Management sees 2024 as a cyclical bull market. Holger Schmieding of Berenberg expects upside for Europe next year. Former FDIC Chair Sheila Bair says more banks are going to fail. Get the Bloomberg Surveillance newsletter, delivered every weekday. Sign up now: https://www.bloomberg.com/account/newsletters/surveillance See omnystudio.com/listener for privacy information.

Christyan Malek, JP Morgan Securities Global Head of Energy Strategy, sees oil normalizing towards $100. Jordan Rochester, Nomura G-10 FX Strategist, says the dollar strength is already near levels where it is becoming disruptive. Saira Malik, Nuveen CIO, says the soft landing narrative is being challenged. Janet Henry, HSBC Global Chief Economist, says this is an unusual cycle. Get the Bloomberg Surveillance newsletter, delivered every weekday. Sign up now: https://www.bloomberg.com/account/newsletters/surveillance See omnystudio.com/listener for privacy information.

A special edition of Bloomberg Surveillance, live from the Bloomberg Global Credit Forum in London. Tom Keene, Jon Ferro and Lisa Abramowicz speak with James Zelter, co-president of Apollo Global Management. Get the Bloomberg Surveillance newsletter, delivered every weekday. Sign up now: https://www.bloomberg.com/account/newsletters/surveillance See omnystudio.com/listener for privacy information.

Former St. Louis Fed President Jim Bullard says the prospects for soft landing look good. Sree Kochugovindan, Abrdn Senior Research Economist reacts to the BOE rate decision. Edward Morse, Citigroup Global Head of Commodity Research says there is no longer an oversupply of oil. Kit Juckes, Societe Generale Chief FX Strategist discusses the FX market amid a busy week of central bank decisions. Daniel Levy, Tottenham Hotspur Chairman talks about the recent sale of star striker Harry Kane to Bayern Munich.Get the Bloomberg Surveillance newsletter, delivered every weekday. Sign up now: https://www.bloomberg.com/account/newsletters/surveillance See omnystudio.com/listener for privacy information.

Bloomberg's Carol Massar and Tim Stenovec discuss remarks from Fed Chair Jay Powell following the Federal Reserve's latest policy decision. See omnystudio.com/listener for privacy information.

Bloomberg's Tom Keene and Jonathan Ferro break down the Federal Reserve's latest policy decision on a special edition of Bloomberg Surveillance.See omnystudio.com/listener for privacy information.

Cathie Wood, ARK Invest CEO & CIO, discusses Ark acquiring Rize ETF. Patrick Armstrong, Plurimi Wealth Chief Investment Officer, doesn't see inflation falling to the Fed's 2% mandate. Elsa Lignos, RBC Global Head of FX Strategy, says we can get to EUR-USD parity. Bruce Kasman, JPMorgan Chief Economist & Head of Global Economic Research, says China is exporting deflation and goods prices to the rest of the world.Get the Bloomberg Surveillance newsletter, delivered every weekday. Sign up now: https://www.bloomberg.com/account/newsletters/surveillance See omnystudio.com/listener for privacy information.

Max Kettner of HSBS says tech still has room to run over the next few weeks. Ed Yardeni, Yardeni Research President sees a higher chance of a US recession than he did before. Jane Foley, Rabobank Head of FX Strategy, says the euro will feel the impact of global crises more than the US dollar. Simon French, Panmure Gordon Chief Economist and Head of Research looks ahead to Thursday's BOE rate decision. Get the Bloomberg Surveillance newsletter, delivered every weekday. Sign up now: https://www.bloomberg.com/account/newsletters/surveillance See omnystudio.com/listener for privacy information.

Andrew Balls, PIMCO Global Head of Fixed Income says the U.S. 10-year looks attractive right now. Gilles Moec, AXA Group Chief Economist compares the European economy to the US. Geoff Yu, BNY Mellon, Senior Market Strategist says there's a risk of a wage-price spiral. Greg Valliere, AGF Investments, Chief US Policy Strategist says, there is no logical successor in the Democratic party for President Biden. Amrita Sen, Energy Aspects Director of Research says oil will hit $100 a barrel by Halloween. Get the Bloomberg Surveillance newsletter, delivered every weekday. Sign up now: https://www.bloomberg.com/account/newsletters/surveillance See omnystudio.com/listener for privacy information.

Sarah Hunt, Alpine Saxon Woods, Chief Market Strategist weighs in on what the UAW strike could mean for the share price of the big 3 automakers. Henrietta Treyz, Veda Partners Economic Policy Research Director weighs in on the UAW strike and says she does not think there will be another auto industry bailout. RJ Gallo, Federated Hermes Sr. Portfolio Manager says fixed income investors should extend duration over the next 12-24 months. Geetha Ranganathan, Bloomberg Intelligence US Media Analyst discusses the outlook for Disney after the company announced that it expects to fall tens of millions of subscribers short of its 2024 target for Disney+. Javier Blas, Bloomberg Opinion Columnist discusses rising oil prices around the world. Get the Bloomberg Surveillance newsletter, delivered every weekday. Sign up now: https://www.bloomberg.com/account/newsletters/surveillance See omnystudio.com/listener for privacy information.

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 JetBlue CFO Ursula Hurley, who's helped lead the airline through the turbulence of a global pandemic that's still presenting operational challenges and inflationary headwinds.See omnystudio.com/listener for privacy information.

Tom Porcelli, PGIM Fixed Income Chief US Economist, reacts to the US August CPI report. Tom Forte, DA Davidson Sr. Research Analyst, says Apple stock is being held up by the iPhone and share buybacks. Regina Mayor, KPMG Global Head of Clients & Markets Rep, says demand destruction in oil would kick in if gas prices go substantially over $4. French Hill (R) Arkansas, discusses House Speaker McCarthy launching an impeachment probe into President Biden. Doug Kass, Seabreeze Partners President talks about Apple, and why he thinks the stock is facing serious challenges.Get the Bloomberg Surveillance newsletter, delivered every weekday. Sign up now: https://www.bloomberg.com/account/newsletters/surveillance See omnystudio.com/listener for privacy information.

Bob Michele, JPMorgan Asset Management CIO & Global Head of Fixed Income, Currency & Commodities says the Fed may have to tip the economy into recession before cutting rates. Bill Dudley, Former New York Fed President & Bloomberg Opinion Columnist criticizes the Fed's proposal to increase capital requirements for the biggest banks. Greg Boutle, BNP Paribas, US Head Of Equity And Derivative Strategy explains why he ditched his call for an 11% drop in the S&P this year. Francisco Blanch, BofA Global Research Head of Global Commodities & Derivatives Research says he sees Brent Crude at $90 next year. Bhakti Hansoti, Johns Hopkins University Associate Professor of Emergency says Covid is similar to the flu.Get the Bloomberg Surveillance newsletter, delivered every weekday. Sign up now: https://www.bloomberg.com/account/newsletters/surveillance See omnystudio.com/listener for privacy information.

Bloomberg News Now is a comprehensive audio report on today's top stories. Listen for the latest news, whenever you want it, covering global business stories around the world. Listen and Subscribe on: Apple: apple.co/3Eyz9EX Spotify: spoti.fi/45IG5LR Anywhere: bit.ly/460OMka See omnystudio.com/listener for privacy information.

Marvin Loh, State Street Senior Global Macro Strategist, says the risk of a recession in the US is still out there. Subadra Rajappa, Societe Generale Head of US Rates Strategy, says the data this week will guide the dots. Kristina Hooper, Invesco Chief Global Market Strategist, says the ongoing UAW disputes are a "rearview mirror" issue for the US economy. Paolo Gentiloni, European Commission Economy Commissioner, says Europe is near the peak of interest rates. Mandeep Singh, Bloomberg Intelligence, previews Apple's product event on Tuesday.Get the Bloomberg Surveillance newsletter, delivered every weekday. Sign up now: https://www.bloomberg.com/account/newsletters/surveillance See omnystudio.com/listener for privacy information.

Torsten Slok, Apollo Global Management Chief Economist, says the Fed is stepping harder on the brakes. Earl Davis, BMO Asset Management Head of Fixed Income & Money Markets, doesn't expect any Fed hikes next year. Pierre Ferragu, New Street Research Head of Global Technology Infrastructure, says China has to be very careful with what they do with Apple because China depends on Apple for many things. Steven Major, HSBC Global Head Of Fixed Income Research, says yields will probably go sideways. Anna Ashton, Eurasia Group Director China Corporate Affairs and US-China, says the China slowdown is systemic.Get the Bloomberg Surveillance newsletter, delivered every weekday. Sign up now: https://www.bloomberg.com/account/newsletters/surveillance See omnystudio.com/listener for privacy information.

Anastasia Amoroso, iCapital Chief Investment Strategist, suggests buying the AI dip. Stephanie Roth, J.P. Morgan Private Bank Senior Markets Economist, says it's been a pretty impressive cooling of the labor market over the course of this year. Michael Nathanson, SVB MoffettNathanson Senior Research Analyst, discusses the Disney, Charter Communications standoff. Kona Haque, ED&F Man Head of Research, says oil at $90 a barrel is "significant" as it pushes the whole commodity index higher. Daniel Tannebaum, Oliver Wyman Global Anti-Financial Crime Practice Leader, says the US is still calibrating how to respond to China.Get the Bloomberg Surveillance newsletter, delivered every weekday. Sign up now: https://www.bloomberg.com/account/newsletters/surveillance See omnystudio.com/listener for privacy information.

Lori Calvasina, RBC Capital Markets Head of US Equity Strategy, says the US is staring down the barrel of a sluggish economy. Nela Richardson, ADP Chief Economist, says the Fed's job is more complicated now. Kevin Book, Clearview Energy Partners Co-Founder, says there is still room to run for oil. Alan Ruskin, Deutsche Bank Chief International Strategist, says a Fed cut could cause a weaker dollar and potentially ease some China pressures. David Lebovitz, JPMorgan Asset Management Global Market Strategist, expects airlines to continue to raise prices to defend their margins. Get the Bloomberg Surveillance newsletter, delivered every weekday. Sign up now: https://www.bloomberg.com/account/newsletters/surveillance See omnystudio.com/listener for privacy information.

Neil Dutta, US Economic Research Head, Renaissance Macro Research says the Fed shouldn't signal rate cuts in 2024. Katy Kaminski, AlphaSimplex Chief Research Strategist sees higher yields for a little longer. Wendy Schiller, Taubman Center for American Politics & Policy Director at Brown University discusses the latest Wall Street Journal presidential poll.David Rubenstein, The Carlyle Group, Co-Founder & "Bloomberg Wealth with David Rubenstein" Host talks about his interview with legendary investor Jeremey Grantham for "Bloomberg Wealth".Get the Bloomberg Surveillance newsletter, delivered every weekday. Sign up now: https://www.bloomberg.com/account/newsletters/surveillance See omnystudio.com/listener for privacy information.

Julie Su, US Acting Labor Secretary gives the Biden Administrations reaction to the August payrolls report. Following the jobs report, Randall Kroszner, Fmr. Fed Governor & University of Chicago Booth School Professor says we're seeing the kind of goldilocks scenario the Fed wants. Jeff Rosenberg, Blackrock Portfolio Manager of The Systematic Multi-Strategy Fund says the main message from the August jobs report is that the labor market is normalizing. Sarah Hunt, Alpine Saxon Woods Chief Market Strategist says the August jobs data was what the Fed was looking for.Get the Bloomberg Surveillance newsletter, delivered every weekday. Sign up now: https://www.bloomberg.com/account/newsletters/surveillance See omnystudio.com/listener for privacy information.

Andrew Hollenhorst, Citi Chief US Economist expects the Fed to pause in September. John Stoltzfus, Oppenheimer Asset Management Chief Investment Strategist is sticking with his bullish forecast, expecting the S&P to finish the year at 4,900. Cameron Dawson, Newedge Wealth Chief Investment Officer says there is no evidence that a recession is imminent. Bloomberg's Jan-Patrick Barnert discusses UBS's record breaking profit. Max Verstappen, Red Bull Racing F1 Driver looks ahead to the Monza Grand Prix this weekend.Get the Bloomberg Surveillance newsletter, delivered every weekday. Sign up now: https://www.bloomberg.com/account/newsletters/surveillance See omnystudio.com/listener for privacy information.

Ian Lyngen, BMO Capital Markets Head of US Rates Strategy, says the 10-year treasury is a 'screaming buy.' Seth Carpenter, Morgan Stanley Chief Global Economist, still sees the US avoiding recession. Peter Tchir, Academy Securities Head of Macro Strategy, says China is clearly experiencing trouble. Margie Patel, Allspring Global Investments Senior Portfolio Manager, says there's no recession in sight because everything in the US is pretty well balanced. Get the Bloomberg Surveillance newsletter, delivered every weekday. Sign up now: https://www.bloomberg.com/account/newsletters/surveillance See omnystudio.com/listener for privacy information.

University of California at Berkeley economist Barry Eichengreen presented a paper on ballooning government debt at this year’s Jackson Hole Economic Symposium. On this bonus content episode of the Odd Lots podcast, Joe and Tracy speak with Eichengreen about his research, why it's of importance to central bankers, and what history says about the prospects for fiscal consolidation.See omnystudio.com/listener for privacy information.

Chris Verrone, Strategas Partner & Head of Technical & Macro Strategy, says it's hard to embrace the short dollar call. Jay Bryson, Wells Fargo Chief Economist, says the bar for a September rate hike is high. John Lovallo, UBS US Homebuilders & Building Products Equity Research Analyst, says the supply chains for most US homebuilders have gotten better but the biggest headwind is labor. Andrew Slimmon, Morgan Stanley Investment Management Managing Director & Senior Portfolio Manager, expects a strong fourth quarter. Sheila Kahyaoglu, Jefferies Senior Equity Research Analyst, discusses the state of airline travel post-summer. Get the Bloomberg Surveillance newsletter, delivered every weekday. Sign up now: https://www.bloomberg.com/account/newsletters/surveillance See omnystudio.com/listener for privacy information.

In the global financial system, US Treasuries play a special role. So what can be done to improve the way Treasuries are bought and sold? In this episode of Odd Lots, Joe and Tracy speak with Stanford University finance professor Darrell Duffie, who just presented a paper about this very issue to central bankers at the annual Jackson Hole symposium.See omnystudio.com/listener for privacy information.

Dana Peterson, The Conference Board Chief Economist, says there's still quite a bit of fragmentation in the economy. Phil Orlando, Federated Hermes Chief Equity Market Strategist, expects one more quarter point hike from the Fed and than a potential pause that may "last a while." Mohamed Younis, Gallup Editor-in-Chief, says nobody in the current GOP lineup is close to giving Trump "any kind of challenge." Anna Ashton, Eurasia Group Director of China Corporate Affairs and US-China, says US Commerce Secretary Raimondo's trip to China is "the most important visit we've had so far from a member of the administration."Get the Bloomberg Surveillance newsletter, delivered every weekday. Sign up now: https://www.bloomberg.com/account/newsletters/surveillance See omnystudio.com/listener for privacy information.