Bloomberg Surveillance

Jonathan Pingle, UBS Chief US Economist, says the guts of the US GDP report look weak. Frances Donald, Manulife Investment Management Global Chief Economist & Strategist, is more concerned about the next four quarters going further than today's GDP report. Walter Piecyk, LightShed Partners Technology, Media & Telecom Analyst and Partner, says he sees evidence of a weakening consumer. Jeanine Wai, Barclays Senior Oil & Gas Exploration & Production Analyst, discusses how investors are keeping Chevron in line. See omnystudio.com/listener for privacy information.

Ed Hyman, Evercore ISI Chairman & Founder & Head of Economic Research, says the economy is doing fine now, but it will slow with inflation. Alicia Levine, BNY Mellon Wealth Management Head of Equities & Capital Market Advisory, is seeing rolling bubbles in the economy as it continues to heal. Andrew Hollenhorst, Citi Chief US Economist, says another 75 basis point hike from the Fed wouldn't be surprising. Regina Mayor, KPMG Global Head of Energy, expects triple digit oil prices through the end of the calendar year and into 2023. See omnystudio.com/listener for privacy information.

Julian Emanuel, Evercore ISI Chief Equity & Quantitative Strategist, sees signs of inflation turning down. Saira Malik, Nuveen Chief Investment Officer, says we are likely already in a recession. Representative French Hill, Republican from Arkansas, says the Fed has to focus on price stability. David Rubenstein, Carlyle Group Co-Founder & Co-Chairman and Host of "Bloomberg Wealth," discusses his interview with Trian Group Founding Partner Nelson Peltz. See omnystudio.com/listener for privacy information.

Nouriel Roubini, Roubini Macro Associates CEO & TheBoomBust.com Co-CEO, says the idea of a short, shallow recession is a delusion. Bruce Kasman, JPMorgan Chief Economist and Head of Global Economic Research, thinks the Fed will begin pulling back on tightening sooner than next year. Lori Calvasina, RBC Capital Markets Head of US Equity Strategy, says financials will perform well, even through a mild, technical recession. Steven Englander, Standard Chartered Bank Global Head of G10 FX Research, expects 2023 to be a weak dollar year. See omnystudio.com/listener for privacy information.

Jeff Lacker, Former Richmond Fed President, says the Fed should be willing to tolerate a recession to get inflation down. Rich Greenfield, LightShed Partners Partner and Media and Technology Analyst, believes that Elon Musk will be forced to buy Twitter. Lauren Sauer, University of Nebraska Medical Center Associate Professor and Special Pathogens Research Network Director, says we must bring trust back into vaccines. Doug Kass, Seabreeze Partners President, expects only a mild and brief recession. See omnystudio.com/listener for privacy information.

Vassili Serebriakov, UBS FX & Macro Strategist, says the key question for the ECB going forward is going to be the growth-inflation mix. Gilles Moec, AXA Investment Managers Chief Economist Officer, says wage growth data is going to be key for the ECB going forward. Marc Chandler, Bannockburn Chief Market Strategist, thinks the odds of both a European and US recession are increasing. See omnystudio.com/listener for privacy information.

Andrew Slimmon, Morgan Stanley Investment Management Senior Portfolio Manager, says markets are in a standing mode right now. Blerina Uruci, T. Rowe Price US Economist, says the recession doom and gloom is exaggerated. Jim Bianco, Bianco Research President, says inflation is going to stay a problem. Elsa Lignos, RBC Global Head of FX Strategy, says the bulk of the euro-dollar move is behind us. 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 focuses on General Motors CFO Paul Jacobson, who discusses the company's transformation with David Westin. GM has committed to invest $35B into producing electric and autonomous vehicles, and intends to phase out the manufacture of gas-powered cars and trucks by 2035.See omnystudio.com/listener for privacy information.

David Malpass, World Bank President, says the West needs to prioritize less carbon-intensive energy sources. Andrew Sheets, Morgan Stanley Chief Cross Asset Strategist, says the key message in this market is patience. Amrita Sen, Energy Aspects Director of Research, says the oil market is defined by under-investment. Russ Koesterich, BlackRock Global Allocation Fund Portfolio Manager, says valuations are at a much more reasonable place than they were a year ago. See omnystudio.com/listener for privacy information.

Ken Rogoff, Harvard Professor of Economics & Public Policy & Former IMF Chief Economist, discusses the impact of a stronger US dollar on the global economy and says central banks are "way behind the curve" on cryptocurrency regulation. Mondli Gungubele, South African Minister in the Presidency, discusses how the country is dealing with an economy that is weaker than before the pandemic. Lara Rhame, FS Investments Chief US Economist, says higher rents will put more pressure on inflation. Marko Papic, Clocktower Group Chief Strategist, would expect a fraying of the US-European alliance after end of the war in Ukraine. See omnystudio.com/listener for privacy information.

Chris Marangi, Gabelli Funds Co-Chief Investment Officer, sees signs of stress on Main Street. Claudia Sahm, Sahm Consulting Founder & Former Federal Reserve Economist, explains why a "job-full" recession may be ahead. Tom Michaud, KBW CEO, discusses the state of American banking as Wells Fargo reports second-quarter earnings. Vince Reinhart, Dreyfus & Mellon Chief Economist, says the US Treasury market is less liquid than it was in 1998, calling it part of the consequence of QE. See omnystudio.com/listener for privacy information.

Larry McDonald, The Bear Traps Report Founder, says credit risk is about to veto the Fed's policy path. Subadra Rajappa, Societe Generale Head of US Rates Strategy, says the market is pricing in a recession. Conrad Dequadros, Brean Capital Senior Economic Advisor, says the Fed still has some work to do to get policy tight and inflation down. Andy Blocker, Invesco Head of US Government Affairs, says inflation could have a real impact on the midterm elections. See omnystudio.com/listener for privacy information.

Lindsey Piegza, Stifel Chief Economist, says the Fed is solely focused on inflation and will keep hiking as far as needed. Michael O'Rourke, JonesTrading Chief Market Strategist, expects a rough second half of the year. David Kotok, Cumberland Advisors Chairman & Chief Investment Officer, says this is not a normal inflation shock. Liana Fix, Korber Foundation Program Director, says there is a lot of fear and uncertainty among the German population over rising energy prices. See omnystudio.com/listener for privacy information.

Jordan Rochester, Nomura G-10 Currency Strategist, says the euro may tumble to 90 cents in the coming months. Kathy Jones, Charles Schwab Chief Fixed Income Strategist, says the move to duration has come. Anna Han, Wells Fargo Securities Equity Strategist, expects volatility to persist until the Fed eases. Ellen Wald, The Atlantic Council Senior Fellow, says Russia is holding the cards for oil. See omnystudio.com/listener for privacy information.

Leon Cooperman, Omega Family Office Chairman & CEO, doesn't expect a bull market anytime soon. George Saravelos, Deutsche Bank Global Head of FX Research, says we've had a very big regime shift in currency markets this year. Sonal Desai, Franklin Templeton Fixed Income CIO, says there may still be further hawkish surprises in store. Michael Shaoul, Marketfield Asset Management CEO, says we are heading for a financial accident in the next few months.See omnystudio.com/listener for privacy information.

Marty Walsh, US Secretary of Labor, says jobs report shows US still moving forward on jobs. Former Fed Governor Randy Kroszner and BlackRock Portfolio Manager Jeff Rosenberg react to the June US jobs report. Tobias Harris, Center for American Progress Senior Fellow for Asia, discusses the assassination of Former Prime Minister Shinzo Abe, Japan’s longest-serving premier. Helane Becker, Cowen Senior Research Analyst, discusses outlook for airline industry. See omnystudio.com/listener for privacy information.

Adam Posen, Peterson Institute President & Former BOE Policy Committee Member, says Boris Johnson has caused untold damage. Brian Deese, White House National Economic Council Director, says the White House has tools other that tariffs they can use to counter China. Alifia Doriwala, RockCreek Group Managing Director, says the slowing global economy, monetary tightening and the impact from the war in Ukraine will hit portfolios for years to come. Heather Boushey, Council of Economic Advisers Member, says President Biden is making clear that price fairness is his main goal. Stephanie Aaronson, Brookings Institution Head of Economic Studies, says the Fed needs to slow the economy.See omnystudio.com/listener for privacy information.

Ed Morse, Citigroup Global Markets Global Head of Commodities Research, expects oil to go down to $85 a barrel. Kelsey Berro, JPMorgan Asset Management Fixed Income Portfolio Manager, expects a 75 basis point Fed hike in July. Dean Maki, Point 72 Chief Economist, says we are not currently in a recession. Henrietta Treyz, Veda Partners Director of Economic Policy, says Senate Democrats have a very shaky majority.See omnystudio.com/listener for privacy information.

Ben Laidler, eToro Global Markets Strategist, says a "recession freight train" is picking up speed. Amrita Sen, Energy Aspects Chief Oil Analyst, says a mild global recession is already priced into energy markets. Still, she says prices are unlikely to slip below $80-$90 a barrel. Jordan Rochester, Nomura G10 FX Strategist, says the euro's slide against the US dollar will continue due to rising natural gas prices and the risk of a global recession. John Ryding, Brean Capital Chief Economic Advisor, says recession is inevitable, but not imminent.See omnystudio.com/listener for privacy information.

Savanthi Syth, Raymond James Airlines Managing Director, says there is still too much demand for airlines' supply. Jordan Rochester, Nomura International G-10 FX Strategist, expects emerging markets to underperform. Michael O'Rourke, JonesTrading Chief Market Strategist, expects to see decelerating inflation growth the rest of this year. Terry Haines, Pangaea Policy Founder, says congress has become more performative than legislative. See omnystudio.com/listener for privacy information.

Stephen Stanley, Amherst Pierpont Chief Economist, says markets are starting to smell a slowdown. Mike Schumacher, Wells Fargo Global Head of Macro Strategy, says it's inevitable that the Fed and other central banks will feel political pressure. Jane Foley, Rabobank Head of FX Strategy, says we could see euro-dollar parity. Seema Shah, Principal Global Investors Chief Strategist, says we could see a technical rally over the next couple of months, but it won't be sustained. See omnystudio.com/listener for privacy information.

Steve Chiavarone, Federated Hermes Head of Multi-Asset Solutions, says the Fed has a lot of work to do to get inflation down. Kathy Jones, Charles Schwab Chief Fixed Income Strategist, says corporate bond issuance is waiting for yields to fall. Jens Nordvig, Exante Data Founder & CEO, says it will be hard for the Fed to switch back to cutting mode after they're done hiking. Greg Valliere, AGF Investments Chief US Policy Strategist, says it's possible Hillary Clinton may run for president again. See omnystudio.com/listener for privacy information.

Greg Peters, says financial conditions have to worsen. Alicia Levine, BNY Mellon Wealth Management Head of Equities & Capital Market Advisory, says there is a 50% chance of a recession. James Stavridis, Carlyle Group Vice Chairman of Global Affairs, Former Supreme Allied Commander at NATO and Author of 'To Risk It All: Nine Conflicts & The Crucible of Decision,' says says we will see Finland and Sweden in NATO. David Rubenstein, Carlyle Group Co-Founder & Co-Chairman and Host of 'Bloomberg Wealth,' discusses his interview with Rockefeller University CIO Paula Volent. See omnystudio.com/listener for privacy information.

Kristen Bitterly, Citi Global Wealth Management Head of North America Investments, explains she is advocating against market timing. Lisa Hornby, Schroders Head of US Multi-Sector Fixed Income, recommends a decent amount of liquidity in your portfolio. Mohamed Younis, Gallup Editor In Chief, says the US is the most politically divided its been since the start of Gallup's measurements. Lori Calvasina, RBC Capital Markets Head of US Equity Strategy, says investors are looking more optimistically into 2023. See omnystudio.com/listener for privacy information.

Jan Hatzius, Goldman Sachs Chief Economist, says a US recession is likely to be shallow if it happens. Ian Lyngen, BMO Capital Markets Head of US Rates Strategy, says all inflation is the same for the Fed at the moment. Tina Fordham, Fordham Global Foresight Geopolitical Strategist & Founder, discusses the tensions governments are facing over inflation and wages. Shahab Jalinoos, Credit Suisse Global Head of FX Strategy, says we're seeing the end of central banks using balance sheets to manipulate FX rates. See omnystudio.com/listener for privacy information.

Amos Hochstein, Presidential Coordinator for Energy Security, says the US may be able to bring back old refineries to relieve pressure at the pump. Lithuanian President Gitanas Nauseda says Russia is acting disproportionately over the situation in Kaliningrad. Amrita Sen, Energy Aspects Chief Oil Analyst, says there is quite a lot of upside to oil demand. Andrew Hollenhorst, Citi Chief US Economist, discusses concerns about the labor market. See omnystudio.com/listener for privacy information.

Bill Dudley, Bloomberg Opinion, Bloomberg Economics Senior Adviser & Former New York Fed President, expects not deep recession in the US. Abby Joseph Cohen, Columbia Business School Professor & Retired Goldman Sachs Partner, says market valuations matter again. Lisa Shalett, Morgan Stanley Wealth Management Chief Investment Officer, says sell-side analysts have stopped doing work since the era of Reg FD. Tim Gould, IEA Chief Energy Economist, says we haven't been putting enough capital into the energy sector in recent years. Doug Kass, Seabreeze Partners President, says stocks are no longer priced to perfection and speculation and froth have been rooted out of the market. See omnystudio.com/listener for privacy information.

Tesla CEO Elon Musk speaks to Bloomberg Editor-in-Chief John Micklethwait about Twitter, Tesla, the economy and politics. Pooja Sriram, Barclays US Economist, says they are seeing signs of a consumer pullback. Ed Yardeni, Yardeni Research President, says a US recession would be short and shallow if it happens at all. Kevin Book, Clearview Energy Partners, says $6 a gallon of gas is not unreasonable. See omnystudio.com/listener for privacy information.

Sir Howard Davies, NatWest Group Chairman and Author of 'The Chancellors,' says the Bank of England needs a higher rate to give credibility to medium-term inflation outlook. Jonathan Golub, Credit Suisse Securities Chief US Equity Strategist, says markets are oversold. Heather Boushey, Council of Economic Advisers Member, says all energy options are currently on the table. Stephen Schork, The Schork Group Co-Founder and Principal, says there is more pain at the pump to come.See omnystudio.com/listener for privacy information.

 Kelsey Berro, JPMorgan Asset Management Fixed Income Portfolio Manager, says the risk of a recession is rising. Andrew Sheets, Morgan Stanley Chief Cross Asset Strategist, expects the Bank of Japan to stay patient for longer. Andrew Slimmon, Morgan Stanley Investment Management Senior Portfolio Manager, says it is too early to get aggressive in markets. Rep. French Hill, (R) Arkansas, says inflation is the top concern among constituents. See omnystudio.com/listener for privacy information.

Lara Rhame, FS Investments Chief US Economist, says central banks need to reclaim some credibility and calm the markets. Binky Chadha, Deutsche Bank Chief Global Strategist & Asset Allocation Head, explains why they expect a recession at the end of next year. Peter Tchir, Academy Securities Head of Macro Strategy, says we may see Bitcoin reach $10,000. Dom Konstam, Mizuho Americas Head of Macro Strategy, expects a very hawkish Fed. See omnystudio.com/listener for privacy information.

 Carl Weinberg, High Frequency Economics Chief Economist, says Jerome Powell needs to continue convincing people that the Fed will do whatever it takes to fight inflation. Kathryn Kaminski, AlphaSimplex Chief Research Strategist, says Bitcoin needs to recover more before considering it to be in a new trend. Linda Duessel, Federated Hermes Senior Equity Strategist, says now is not the time to buy. Mark McCormick, TD Securities Global Head of FX Strategy, says Bank of Japan policy itself is broken. David Rubenstein, Carlyle Group Co-Founder & Co-Chairman and Host of "Bloomberg Wealth," discusses his interview with Khosla Ventures Founder Vinod Khosla. See omnystudio.com/listener for privacy information.

Lori Calvasina, RBC CApital Markets US Equity Strategy Head, says we are back at a crossroads for markets. Frances Donald, Manulife Investment Management Global Chief Economist & Strategist, says the US consumer is losing purchasing power. Steven Wieting, Citigroup Private Bank Chief Economist & Chief Investment Strategist, expects 2023 to be a year of decline for EPS. Julian Emanuel, Evercore ISI Chief Equity & Quantitative Strategist, says his base case is still for no US recession. Darwei Kung, DWS Portfolio Manager and Head of Commodities, anticipates oil demand will come down. See omnystudio.com/listener for privacy information.

 Michael Darda, MKM Holdings Chief Economist & Market Strategist, says it is wrong to assume that inflation problems would go away with with lower crude prices. David Herro, Harris Associates Chief Investment Officer for International Equities & Portfolio Manager, says Credit Suisse should be given a chance to turn things around. Jonathan Golub, Credit Suisse Securities Chief US Equity Strategist, says the level of concern in the market is much higher than the underlying backdrop. Ellen Wald, Atlantic Council Senior Fellow, says we've got a recipe for oil prices to keep rising. See omnystudio.com/listener for privacy information.

Julian Emanuel, Evercore ISI Chief Equity and Quantitative Strategist, outlines the conditions necessary for his bear case of the S&P 500 falling to 2,900. Nick Bennenbroek, Wells Fargo International Economist, reacts to the ECB decision. Patrick Armstrong, Plurimi Wealth Chief Investment Officer, says to invest in growth in regions outside of Europe. Seema Shah, Principal Global Investors Chief Strategist, thinks we could see a bear market rally. See omnystudio.com/listener for privacy information.

Laurence Boone, OECD Chief Economist, discusses the cut to their global growth forecast. Danny Blanchflower, Dartmouth College Economics Professor, says the OECD's forecast is too optimistic. Anastasia Amoroso, iCapital Chief Investment Strategist, says there is more and more evidence that we may have reached peak inflation. Ed Morse, Citigroup Global Head of Commodities Research, says "booming" US exports of petroleum products are driving the price of crude higher. See omnystudio.com/listener for privacy information.

 Vincent Reinhart, Dreyfus and Mellon Chief Economist, says a low savings rate shows that households aren't too worried about a recession. Oliver Chen, Cowen Senior Equity Research Analyst, expects Target and other retails to have a better second half of the year. Liz Ann Sonders, Charles Schwab Chief Investment Strategist, a lot of what the market has been facing is priced in to stocks. Mark Cabana, Bank of America Head of US Rates Strategy, says we're in the later innings of the economic cycle. See omnystudio.com/listener for privacy information.

Lori Calvasina, RBC Capital Markets Head of US Equity Strategy, expects a material slowdown in economic growth while skirting a recession. Bruce Kasman, JPMorgan Chief Economist and Head of Global Economic Research, says US growth is slowing, but there is no recession coming in the near-term. Helane Becker, Cowen Senior Research Analyst, says any airline besides American, Delta or United, is going to continue struggling to attract and retain pilots. Vishy Tirupattur, Morgan Stanley Global Director of Fixed Income Research, says credit has a valuation problem. See omnystudio.com/listener for privacy information.

Marty Walsh, US Secretary of Labor, reacts to the US jobs report. Randy Kroszner, University of Chicago Booth School Professor of Economics & Former Fed Governor, says the May employment report will spur the Fed to raise rates by 50 basis points at least through September. Jeff Rosenberg, BlackRock Portfolio Manager of the Systematic Multi-Strategy Fund, says the labor market is "too strong." Jerome Schneider, PIMCO Head of Short-Term Portfolio Management, explains the reasons for investors to remain defensive. See omnystudio.com/listener for privacy information.

 Francisco Blanch, Bank of America Global Research Head of Global Commodities and Derivatives Research, says demand-rationing measures may be needed around world to tame record fuel prices. David Kirkpatrick, Techonomy Founder & Author of The Facebook Effect, discusses Meta after Sheryl Sandberg. Kathy Jones, Charles Schwab Chief Fixed Income Strategist, says the Fed's forecasts are aspirational. Megan Greene, Harvard Kennedy School Senior Fellow & Kroll Institute Global Chief Economist, doesn't expect a recession in the next 12 months. See omnystudio.com/listener for privacy information.

Howard Marks, Oaktree Capital Group Co-Founder & Co-Chairman, says market attitudes are more balanced now and sees a better investment environment for bargain hunters. Bill Dudley, Bloomberg Opinion Columnist & Federal Reserve Bank of New York Former President, says the US job market is the tightest it has ever been and suggests the Fed loosen up its approach. Stephen Schork, Schork Group Founder & President, says inflation has not peaked yet when it comes to food and energy. Deborah Cunningham, Federated Hermes Global Liquidity Markets CIO, says cash is now a valuable investment. See omnystudio.com/listener for privacy information.

 Mohamed El-Erian, Bloomberg Opinion & Queens' College Cambridge President, says The Fed has to decide between two policy mistakes. Christyan Malek, JP Morgan Securities Global Energy Strategist, says there is still a lot of upside to energy prices from here. Ben Laidler, eToro Global Markets Strategist, says we're in a valuation driven correction. Steven Major, HSBC Global Head of Fixed Income Research, says growth risks are growing. Jordan Rochester, Nomura G10 FX Strategist, says euro to parity with the dollar is still possible in the months ahead. Neil Shearing, Capital Economics Chief Economist, is not expecting a recession in the US. Alina Polyakova, Center for European Policy Analysis President & CEO, says there is no end in sight for the war in Ukraine. See omnystudio.com/listener for privacy information.

Brian Deese, US National Economic Council Director, says US economic strengths can help bring prices down. Peter Oppenheimer, Goldman Sachs Chief Global Equity Strategist, says margins are more of a problem than growth. James Stavridis, Former Supreme Allied Commander at NATO and Author, "To Risk It All: Nine Conflicts & The Crucible of Decision," says opening the seas to Ukraine will be the next big move in the war. Leland Miller, China Beige Book International CEO, says the economic conditions in China are the worst they've been in years. Ellen Wald, Atlantic Council Senior Fellow, says the US needs more consistency in its energy regulation. See omnystudio.com/listener for privacy information.

 Michael Feroli, JPMorgan Chief US Economist, says housing is coming back into balance. Geoffrey Yu, BNY Mellon Senior Strategist, says the euro will find a new, higher range but remain under-valued. Amrita Sen, Energy Aspects Chief Oil Analyst, says profit windfall taxes do not work. Jonathan Miller, Miller Samuel President & CEO, says rising mortgage are one of the best things that is happening to housing.  See omnystudio.com/listener for privacy information.

Dan Yergin, S&P Global Vice Chairman, says we're back to a more fragmented and less globalized world. Ian Bremmer, Eurasia Group President, says China is the most important rising power. Scott Minerd, Guggenheim CIO, says no one has cracked the paradigm of crypto. Nela Richardson, ADP Chief Economist, says US fundamentals are strong. Karen Karniol-Tambour, Bridgewater Associates Co-CIO of Sustainable Investing, says there is no energy transition without commodities. Mikael Damberg, Swedish Finance Minister, discusses Sweden's historic decision to join NATO. Macky Tall, Carlyle Global Infrastructure Chairman, says the world is in dire need of more infrastructure investment. Kishore Mahbubani, National University of Singapore Senior Adviser & Public Policy Professor and Former UN Security Council President, says the world has to adjust to a new China.See omnystudio.com/listener for privacy information.

Tom Keene and Lisa Abramowicz are live from the World Economic Forum in Davos, Switzerland. Jason Furman, Former Council of Economic Advisers Chairman, says a Fed funds rate of 4% or higher is completely plausible. Rebecca Patterson, Bridgewater Chief Investment Strategist, warns of a "vulnerable" dollar. John Kerry, US Special Climate Envoy and Former US Secretary of State, discusses the economic opportunity of climate change. Joseph Stiglitz, Columbia University Professor & Nobel Prize-Winning Economist, says raising rates won't fix the inflation problem. David Rubenstein, Carlyle Group Co-Chairman and Co-Founder, sees some buying opportunities in the markets right now. Martin Escobari, General Atlantic Co-President, sees carnage in growth stocks. Senator Pat Toomey, (R) Pennsylvania & Senate Banking Committee Ranking Member, says the Biden administration is an extension of the Trump administration when is comes to trade. Christiano Amon, Qualcomm CEO, discusses the need for a reliable supply chain. See omnystudio.com/listener for privacy information.

 Jonathan Golub, Credit Suisse Chief Equity Strategist, says tech stocks will continue to struggle as long as we're in a high-inflation environment. Kwasi Kwarteng, UK Business & Energy Secretary, warns energy companies they may face a windfall tax if they don’t “step up” on new investments. Savita Subramanian, Bank of America Securities US Equity & Quantitative Strategy Head, says a lot of the bad news is priced in to the markets, but the worst is not yet behind us. John Ryding, Brean Capital Chief Economic Advisor, says the Fed doesn't know what it's going to take to get inflation back down to the 2% level. See omnystudio.com/listener for privacy information.

 Sen. Mike Rounds, (R) South Dakota, says we must lower energy costs in order to address inflation. Lori Heinel, State Street Global Advisors CIO, thinks the Fed could avoid a recession if they move in the summer and then pause. Patrick Palfrey, Credit Suisse Co-Head of Quantitative Research & Senior Equity Strategist, says everything on the fundamental front still seems intact. Robert Hormats, Tiedemann Advisors Managing Director, discusses the importance of President Biden's visit to Asia. See omnystudio.com/listener for privacy information.

Chicago Fed President Charles Evans, says he is extremely confident the Fed can bring down inflation. Anna Han, Wells Fargo Securities Equity Strategist, says it will be difficult for the Fed to achieve a soft landing but recession chances are still low. Joseph Feldman, Telsey Advisory Group Senior Managing Director, says Target's profit cut is "transitory." Kit Juckes, Societe General Chief FX Strategist, doesn't see how Europe avoids a recession. Doug Kass, Seabreeze Partners President, explains why he’s currently increasing his net long exposure and also his view on the NY Yankees. See omnystudio.com/listener for privacy information.

 Jan Hatzius, Goldman Sachs Chief Economist, discusses why his firm cut their US growth forecast. Dana Telsey, Telsey Advisory Group CEO and Chief Research Officer, says digital sales are moderating and consumers are shifting back to brick-and-mortar. Scott Clemons, Chief Investment Strategist, Brown Brothers Harriman, says the market is too pessimistic about the risk of inflation. Winnie Cisar, Creditsights Global Head of Credit Strategy, says we're moving into the credit risk phase of the selloff. See omnystudio.com/listener for privacy information.