Bloomberg Surveillance

Chris Harvey, Wells Fargo Securities Head of Equity Strategy, says the recent rout in markets is a good opportunity to buy stocks. Glenn Hubbard, Columbia Professor of Economics, says Jerome Powell deserves a second term as Fed chair. Claudia Sahm, Jain Family Institute Senior Fellow, Former Federal Reserve Economist & Bloomberg Opinion Columnist, says we are not in a stagflationary environment. Winnie Cisar, Creditsights Global Head of Credit Strategy, says high-yield debt has become "much more attractive" after Monday's spike in market volatility. Alex Brideau, Eurasia Group, Eurasia Practice Head, says Ukraine's turn to the West is concerning for Putin.See omnystudio.com/listener for privacy information.

Thierry Wizman, Macquarie Capital Currency and Interest-Rate Strategist, says dollar weakness won't come at least until the second quarter. Philippe Etienne, the French ambassador to the U.S., says European nations and the U.S. are aligned in a strategy to deter Putin from taking any additional aggressive action. Victoria Fernandez, Crossmark Chief Market Strategist, says credit spreads are showing there is still support for equities. Neil Dutta, Renaissance Macro Research Head of U.S. Economic Research, says his optimism in the U.S. markets has not weakened.See omnystudio.com/listener for privacy information.

George Saravelos, Deutsche Bank Global Head of FX Research, says the U.S. inflation picture is very different from anything we've seen before. Sarah House, Wells Fargo Senior Economist, says the pace of Fed hiking will be a key theme at the next meeting. Nadia Lovell, UBS Senior U.S. Equity Strategist, says the recent equity market selloff "might be behind us" and that investors should take advantage of the pullback. Tina Fordham, Avonhurst Head of Global Political Strategy, says the conflict between Russia and Ukraaine is entering serious territory.See omnystudio.com/listener for privacy information.

Brian Deese, White House National Economic Council Director, says the Biden administration has a plan to deal with inflation. Peter Tchir, Academy Securities Macro Strategy Head, we may soon discover the economy isn't as good as we thought. Nela Richardson, ADP Chief Economist, says small businesses are holding their own in the pandemic recovery. Dan Tannebaum, Oliver Wyman Head of Americas Anti-Financial Crime, says nothing in Biden's press conference is likely to change Putin's behavior toward Ukraine. Craig Moffett, MoffettNathanson Senior Research Analyst, says the FAA is at fault for not promptly addressing 5G airline concerns, not the FCC.See omnystudio.com/listener for privacy information.

Matthew Luzzetti, Deutsche Bank Chief U.S. Economist, says the Fed needs to tighten to rein in demand. Andrew Sheets, Morgan Stanley Chief Cross Asset Strategist, explains why he expects the U.S. to under-perform this year. Leslie Falconio, UBS Financial Services Head of U.S. Fixed-Income Asset Allocation, says the Fed's tightening cycle will last longer than the market is expecting. David Rubenstein, Carlyle Group Co-Founder and Co-Chairamn and Host of "The David Rubenstein Show: Peer-to-Peer Conversations," discusses his interview with Ford Foundation President Darren Walker.See omnystudio.com/listener for privacy information.

Bill Winters, Standard Chartered CEO, says Hong Kong is still a gateway to China and that he doesn't expect that to change. David Malpass, World Bank President, expects U.S. rate hikes to be challenging for emerging market countries. Savita Subramanian, Bank of America Securities U.S. Equity & Quantitative Strategy Head, says investors are being too optimistic about margins. Kathy Jones, Charles Schwab Senior Vice President and Chief Fixed Income Strategist, says the Fed can't live up to the market's rate hike expectations.See omnystudio.com/listener for privacy information.

Alison Williams, Bloomberg Intelligence Senior Global Banks & Asset Managers Analyst on Bank Earnings, discusses the key takeaways from JPMorgan, Citi and Wells Fargo earnings. Scott Clemons, Brown Brothers Harriman Chief Investment Strategist, says to expect more market volatility in 2022. Dana Peterson, The Conference Board Chief Economist, expects economic activity to pick up again in the second quarter as we move past omicron. Ash Alankar, Janus Global Head of Asset Allocation & Risk Management, says the fed has a bad track record when it comes to striking the balance between tackling inflation and keep the markets on track. Andrew Pekosz, Johns Hopkins Bloomberg School of Public Health Professor & Virologist, says to expect more variants to come after omicron.See omnystudio.com/listener for privacy information.

Abby Joseph Cohen, Columbia University Professor & Former Goldman Sachs Senior Investment Strategist, says the Fed is doing a great job with its signaling. Lisa Shalett, Morgan Stanley Wealth Management CIO, still sees a 10%-15% correction ahead for mega cap tech names. Tony Crescenzi, PIMCO Market Strategist, Portfolio Manager and Member of the Firm's Investment Committee, says there's a battle brewing over rate hike expectations between the market and the Fed. Robert Hormats, Tiedemann Advisors Managing Director, explains why Russia is trying to prevent instability in Kazakhstan.See omnystudio.com/listener for privacy information.

Michael Gapen, Barclays Chief U.S. Economist, says the Fed is basically there in terms of their dual inflation and labor market mandate. Stephen Roach, Yale University's Jackson Institute for Global Affairs Senior Fellow, says there is no longer any functional difference between operating business in Hong Kong and cities in mainland China. Jim McDonald, Northern Trust Chief Investment Strategist, doesn't expect inflation to really cause problems for earnings or interest rates. Dr. Bhakti Hansoti, Johns Hopkins Associate Professor of Emergency Medicine, expects the omicron wave to be done by July. David Rubenstein, Carlyle Group Co-Founder Co-Chairman and Host of "The David Rubenstein Show: Peer to Peer Conversations," discusses his interview with Mellody Hobson, Ariel Investments Co-CEO and Starbucks Chair.See omnystudio.com/listener for privacy information.

Loretta Mester, Federal Reserve Bank of Cleveland President, says the economy is on a really good track and that inflation looks more persistent going forward. David Herro, Harris Associates Chief Investment Officer for International Equities, expects European investments to do well as the economy opens up. Brent Schutte, Northwestern Mutual Chief Investment Strategist, thinks the market has legs to go higher in the near term. Amrita Sen, Energy Aspects Chief Oil Analyst, expects summer oil demand to be strong after omicron subsides.See omnystudio.com/listener for privacy information.

Bill Dudley, Bloomberg Opinion Columnist, Bloomberg Economics Senior Advisor and Former New York Fed President, says the Federal Reserve needs to get a lot more hawkish. Lori Calvasina, RBC Capital Markets Head of U.S. Equity Strategy, says the painful repricing we're seeing in markets still has a ways to go. Albert Bourla, Pfizer CEO, says investment in MRNA technology is a top priority. Francisco Blanch, Bank of America Commodities Research Head, expects to see triple digit oil in the second quarter. Dan Kurtz-Phelan, Foreign Affairs Editor, discusses the challenges China's President Xi is facing.See omnystudio.com/listener for privacy information.

Jeff Rosenberg, BlackRock Portfolio Manager of the Systematic Multi-Strategy Fund, reacts to the U.S. jobs numbers. Tara Sinclair, George Washington University Professor of Economics, says the job market has reached its “temporary” maximum. Tiffany Wilding, PIMCO Chief U.S. Economist, says the jobs report solidifies the March Fed rate hike that the market was already pricing in. Andrew Pekosz, Johns Hopkins Bloomberg School of Public Health Professor & Virologist, says the omicron surge may be at its tipping point.See omnystudio.com/listener for privacy information.

Tom Porcelli, RBC Capital Markets Chief U.S. Economist, expects 2022 to be a slower growth year. Seema Shah, Principal Global Investors Chief Strategist, says we should anticipate some volatility in the year ahead. Gregory Staples, DWS Investment Management Fixed Income Co-Head, says the ECB will be under some considerable pressure in 2022 to lift the PEPP. Dr. Chris Beyrer, Johns Hopkins Bloomberg School of Public Health Professor and Epidemiologist, says hospitals are still jammed, but ICUs are become less crowded. Leland Miller, China Beige Book CEO, discusses the way China is managing their Covid policy in light of the upcoming olympics.See omnystudio.com/listener for privacy information.

Michael O'Rourke, Jones Trading Chief Market Strategist, says active management is necessary for the "treacherous" 2022 ahead. Christian Mueller-Glissman, Goldman Sachs International Strategy & Asset Allocation Portfolio Managing Director, expects more volatility to come as the Fed starts its tightening cycle. Dr. Bhakti Hansoti, Johns Hopkins Associate Professor of Emergency Medicine, discusses confusion over Covid messaging, issues around access to testing, and the differences between rapid and PCR tests. Alex Brideau, Eurasia Group, Eurasia Practice Head, says Putin doesn't want chaos on the streets of Kazakhstan.See omnystudio.com/listener for privacy information.

Mona Mahajan, Edward Jones, Senior Investment Strategist, expects to see an era of moderation in 2022. Megan Greene, Harvard Kennedy School Senior Fellow & Kroll Institute Global Chief Economist, expects to see weaker growth in the U.S. this year. Amesh Adalja, Johns Hopkins Center for Health Security Senior Scholar, expects to see omicron peaking in weeks, no months. Henry Rome, Eurasia Group Global Macro Director & Deputy Head of Research, says Iranian leadership today is rational in the way it pursues its policies. Kumar Galhotra, Ford Americas & International Markets Group President, says demand is there for electric vehicles.See omnystudio.com/listener for privacy information.

Ian Bremmer, Eurasia Group & GZERO Media President, Elizabeth Economy, Hoover Institute Senior Fellow & The World According to China Author, and Jane Harman, Wilson Center President Emerita & Former Member of Congress, discuss Eurasia Group's top risks of 2022. Ben Laidler, EToro Global Markets Strategist, says the biggest risk is not being in equities. Joshua Sharfstein, Johns Hopkins Bloomberg School of Public Health Vice Dean, says schools taking the right precautions are a safe environment for children. Doug Kass, Seabreeze Partners President, talks about his annual, and always highly anticipated, top surprises for the year ahead.See omnystudio.com/listener for privacy information.

Michael Purves, Tallbacken Capital Advisors Founder &CEO, discusses the factors behind his bullish call for U.S. equity markets. Kristina Hooper, Invesco Global Market Strategist, says 2022 could be a great year for emerging markets. Dan Tannebaum, Oliver Wyman Partner & Americas Financial Crimes Head, discusses how new sanctions might target Russia. Mercedes Carnethon, Northwestern University Feinberg School of Medicine Department of Preventive Medicine Vice Chair, discusses the global surge in Covid cases as countries prepare for New Year celebrations.See omnystudio.com/listener for privacy information.

Steven Wieting, Citi Global Wealth Chief Investment Strategist & Chief Economist, says decreased inflation would help sustain economic expansion. Deborah Fuller, University of Washington School of Medicine Professor of Microbiology, helps clarify the updated CDC guidance on self-isolation. Amy Wu Silverman, RBC Equity Derivatives Strategist, says the volatility market has already gotten used to the new normal. Tina Fordham, Avonhurst Partner & Head of Global Political Strategy, says inflation, supply chain issues, and fuel prices are the main risk drivers for both the markets and the government.See omnystudio.com/listener for privacy information.

David Kotok, Cumberland Advisors Co-Founder & CIO, looks at how previous pandemics in history can guide the Fed through the turbulence of COVID-19. Jim Paulsen, Leuthold Weeden Capital Management Chief Investment Officer, sees the S&P 500 reaching above 5,000 in first half of the year. Sarah House, Wells Fargo Senior Economistm says Covid's impact to the economy is diminishing. Dr. Bhakti Hansoti, Johns Hopkins Associate Professor of Emergency Medicine, says we're still not ready to treat covid like a normal, seasonal virus. Dan Ives, Wedbush Securities Analyst, explains why he thinks Tesla is the clear front-runner in the EV market.See omnystudio.com/listener for privacy information.

Patrick Armstrong, Plurimi Wealth Chief Investment Officer, says massive liquidity, negative real yields and earnings growth support the bull case for stocks. Dr. Amesh Adalja, Johns Hopkins Center for Health Security Senior Scholar, says home Covid tests need to be cheaper. John Ryding, Brean Capital Chief Economic Advisor, says the Fed is trying to pull off the impossible. Wendy Schiller, Brown University Taubman Center for American Politics and Policy Director, says President Biden is right back where he started when he first was inaugurated.See omnystudio.com/listener for privacy information.

Victoria Fernandez, Crossmark Global Investments Chief Market Strategist, says equity markets should continue to rally despite the Fed's projected policy tightening. Mohamed Younis, Gallup Editor in Chief, says both sides of the political aisle are struggling with approval ratings. Lauren Sauer, University of Nebraska Medical Center Associate Professor, says we are not out of this pandemic yet. Jose Rasco, HSBC Private Banking & Wealth Mgmt. CIO Americas, says 2022 will be a year of normalization.See omnystudio.com/listener for privacy information.

Michael Holland, Holland & Company President, says to beware the bond market. Matthew Luzzetti, Deutsche Bank Chief U.S. Economist, doesn't expect Biden's Build Back Better plan to have a material impact on the Fed's path. Jane Foley, Rabobank FX Strategy Head, says the move up in the dollar may not last. Jodie Guest, Emory University Rollins School of Public Health Department of Epidemiology Vice Chair, stresses the importance of improving Covid testing.See omnystudio.com/listener for privacy information.

Chris Harvey, Wells Fargo Securities Head of Equity Strategy, recommend investors move up in quality to protect against a possible U.S. Correction. Republican Congressman Bryan Steil of Wisconsin says Biden's economic plan will likely exacerbate inflation. Dr. Bhakti Hansoti, Johns Hopkins Associate Professor of Emergency Medicine, discusses reducing quarantine time for Covid positive individuals, travel risks during the holiday season, and symptoms associated with the omicron variant. Brian Kelly, The Points Guy Founder & CEO, discusses holiday travel as the world braces for another Covid Christmas.See omnystudio.com/listener for privacy information.

Andrew Slimmon, Morgan Stanley Investment Management Senior Portfolio Manager, says it is way too early to get bearish. Dr. Amesh Adalja, Johns Hopkins Center for Health Security Senior Scholar, says getting only a mild illness from Covid-19 is a victory for vaccines. Sarah Hunt, Alpine Woods Capital Investors Portfolio Manager, says growth is going to continue to be important for equity markets. Neil Dutta, Renaissance Macro Research U.S. Economic Research Head, says the Fed could hike four times next year without being hawkish.See omnystudio.com/listener for privacy information.

Richard Bernstein, Richard Bernstein Advisors CEO & CIO, says markets are caught between a rock and a hard place right now. Henrietta Treyz, Veda Partners Economic Policy Director, says Senator Joe Manchin's opposition to President Biden's tax-and-spending package was a huge blow to the White House. Lara Rhame, FS Investments Chief U.S. Economist, says the Fed needs to get tapering out of the way. Peter Hotez, National School of Tropical Medicine at Baylor College of Medicine Dean, says the U.S. has no appetite for more Covid-related shutdowns.See omnystudio.com/listener for privacy information.

Claudia Sahm, Jain Family Institute Senior Fellow & Former Federal Reserve Economist, says we have a new Federal Reserve framework that is being tested as we speak. Anna Han, Wells Fargo Equity Strategist, says the market is still digesting the Fed's change in velocity. Andrew Pekosz, Johns Hopkins Bloomberg School of Public Health Professor & Virologist, says Covid-19 is looking more and more like a seasonal influenza. Helane Becker, Cowen Senior Research Analyst, expects to see airline travel pick up in mid-February.See omnystudio.com/listener for privacy information.

George Bory, Allspring Global Investment Holdings Fixed Income Specialist, says central banks are trying to re-establish their credibility as inflation fighters. Seth Carpenter, Chief Global Economist Morgan Stanley, says we're going to continue talking about inflation for a long time. Beata Kirr, Co-Head of Investment Strategies at Bernstein Private Wealth Management, says the Federal Reserve’s intent to tackle inflation has provided a boost to market certainty and outlook. Steven Englander, Standard Chartered Head of G-10 FX Research, sees dollar weakness ahead. Shahab Jalinoos, Credit Suisse Chief FX & Rates Strategist, says to try to stay long the dollar where possible.See omnystudio.com/listener for privacy information.

Ken Rogoff, Harvard University Economics Professor, says now is the time to act on inflation. David Kostin, Goldman Sachs Chief U.S. Strategist, explains the factors behind the firm’s call for the S&P 500 index to hit 5,100 by the end of 2022. Dana Peterson, Conference Board Economist, expects services activity to return to pre-pandemic levels next year. Alan Ruskin, Deutsche Bank Chief International Strategist, says now there is even more reason to have a much higher terminal rate. Dr. Bhakti Hansoti, Johns Hopkins Associate Professor of Emergency Medicine, says vaccine uptake is improving as omicron spreads.See omnystudio.com/listener for privacy information.

John Stoltzfus, Oppenheimer Chief Investment Strategist, explains the reasoning behind his street-high S&P target of 5,330. Daniel Skelly, Morgan Stanley Wealth Management Head of Market Research & Strategy, discusses the factors behind the firm's 4,400 S&P call. Michael Gapen, Barclays Chief Economist, reacts to the jump in U.S. PPI. Kathy Jones, Charles Schwab Chief Fixed Income Strategist, says credit is "all good, except the yield." Dr. Amesh Adalja, Johns Hopkins Center for Health Security Senior Scholar, discusses the Covid-19 omicron variant and the importance of first and second vaccine doses for the unvaccinated over booster shots.See omnystudio.com/listener for privacy information.

Lori Calvasina, RBC Capital Markets Head of U.S. Equity Strategy, says stocks are still the best game in town for 2022. Michael Collins, PGIM Fixed Income Senior Portfolio Manager, says a totally flat yield curve is already priced in. Wei Li, BlackRock Investment Institute Global Chief Investment Officer, says support must continue to ramp up in China because of the deteriorating growth. Joshua Sharfstein, Johns Hopkins Bloomberg School of Public Health Vice Dean, discusses the omicron variant and company vaccine mandates.See omnystudio.com/listener for privacy information.

Kathy Bostjancic, Oxford Economics Chief U.S. Financial Economist, expects inflation to get worse from here. Stephen Dover, Franklin Templeton Chief Market Strategist & Head of Franklin Templeton Investment Institute, discusses how the inflation surge reflects our shifting economy. Andrew Pekosz, Johns Hopkins Bloomberg School of Public Health Professor & Virologist, says the delta variant is nearing its peak in the U.S. just as we're seeing omicron begin to emerge. Andy Blocker, Invesco Head of U.S. Government Affairs, says there is a 75% chance that Build Back Better gets done.See omnystudio.com/listener for privacy information.

Gargi Chaudhuri, BlackRock Head of iShares Investment Strategy Americas, expects CPI data to be stronger than what is priced in to markets. Mark Cabana, Bank of America Head of Rates Strategy, says the Fed is not too happy about the shape of the yield curve. Glenn Hubbard, Columbia Professor of Economics & Former Chairman of the Council of Economic Advisers, says the labor market is in great shape and it's time for the Fed to adjust. Dr. Chris Beyrer, Johns Hopkins Bloomberg School of Public Health Professor and Epidemiologist, discusses real world data on Covid vaccines, natural immunity, and public policy response.See omnystudio.com/listener for privacy information.

Bill Dudley, Bloomberg Opinion Columnist and Former New York Fed President, expects a few more surprises from the next Fed meeting. Steve Major, HSBC Global Head of Fixed Income Research, says it's really difficult to believe that rates are going to get anywhere near the levels reached in the last cycle. Dean Curnutt, Macro Risk Advisors Founder & CEO, is seeing signs of chaos in the risk-free asset class. Gigi Gronvall, Johns Hopkins Center for Health Security Senior Scholar, says a third Covid vaccine dose is looking increasingly more important. David Rubenstein, Carlyle Group Co-Founder Co-Chairman and Host of "The David Rubenstein Show: Peer to Peer Conversations," discusses his interview with Hilton President & CEO Chris Nassetta.See omnystudio.com/listener for privacy information.

Tony Crescenzi, PIMCO Market Strategist, says the Fed won't give up it's hard-won credibility. Liz Ann Sonders, Charles Schwab Chief Investment Strategist, says markets have wrung out complacency, Ed Yardeni, Yardeni Research President, says productivity is making a huge comeback. Dr. Amesh Adalja, Johns Hopkins Center for Health Security Senior Scholar, discusses the Covid-19 omicron variant and vaccine mandates.See omnystudio.com/listener for privacy information.

Robert Tipp, PGIM Fixed Income Chief Investment Strategist, says the Fed has already shot all of its bullets. Sara House, Wells Fargo Corporate & Investment Banking Senior Economist, expects to see 7% CPI in the first quarter. Bill Lee, Milken Chief Economist, says President Xi has only gotten more powerful in China. Amrita Sen, Energy Aspects Founder & Research Director, says she wouldn't rule out a pause or a cut from OPEC.See omnystudio.com/listener for privacy information.

Marty Walsh, U.S. Secretary of Labor, says he feels good about where the U.S. economy is headed. Jeff Rosenberg, BlackRock Systematic Multi-Strategy Fund Portfolio Manager, discusses how the November jobs report could impact Fed policy. Tiffany Wilding, PIMCO Chief U.S. Economist, says the post-pandemic labor market could look very different from the pre-pandemic one. Andrew Pekosz, Johns Hopkins Bloomberg School of Public Health Professor & Virologist, says we expect more data about the omicron variant's transmissibility next week.See omnystudio.com/listener for privacy information.

Christyan Malek, JPMorgan EMEA Oil & Gas Research Head, says shale is in a straitjacket right now. Russ Koesterich, BlackRock Global Allocation Fund Portfolio Manager, says sectors are going to matter in the new year. Helane Becker, Cowen Senior Research Analyst, warns that there may be some airlines that won't be able to survive if the U.S. implements travel curbs similar to Europe. Mike Darda, MKM Chief Economist and Market Strategist, says the U.S. labor market is tightening at a rapid pace.See omnystudio.com/listener for privacy information.

This episode of Chief Future Officer focuses on Marriott International CFO Leeny Oberg. Shery Ahn explores how she's helping the world's largest hotel chain through a challenging period for the hospitality industry, facing labor shortages, changing customer expectations, and a sharp falloff in business travel due to the Covid-19 pandemic.See omnystudio.com/listener for privacy information.

Marilyn Watson, BlackRock Head of the Global Fundamental Fixed Income Strategy, sees a potential buying opportunity in the credit market. Bob Michele, JPMorgan Asset Management CIO & Head of Global Fixed Income, Currency & Commodities, advises selling government bonds and buying credit. Laurence Boone, OECD Chief Economist, says there is no doubt that the omicron variant is adding to global economic uncertainty. Shai Weiss, Virgin Atlantic CEO, says stopping travel is not the way to stop a pandemic.See omnystudio.com/listener for privacy information.

Howard Ward, Gabelli Funds CIO of Growth Equities, says it is too early to say whether the omicron variant is a market gamechanger. Victoria Fernandez, Crossmark Global Investments Chief Market Strategist, expects inflation to fall to 3% despite the risk from the omicron variant. Lauren Sauer, Nebraska Medical Center Associate Professor and Special Pathogens Research Network Director, says we could see omicron updates to covid vaccines within 2-4 months if necessary. Ian Shepherdson, Pantheon Macroeconomics Chief Economist, makes the case for Fed patience.See omnystudio.com/listener for privacy information.

Peter Hotez, Baylor College Baylor College Dean of the National School Of Tropical Medicine, says travel bans from southern Africa is a policy failure. Elsa Lignos, RBC Global Head of FX Strategy, says currency market is in “wait-and-see mode” on the omicron variant. Andrew Slimmon, Morgan Stanley Investment Management Senior Portfolio Manager, says 2022 is going to be a tougher year to make money. Jennifer Lee, BMO Capital Markets Senior Economist, expects the ISM surveys to be far more interesting than payrolls this week.See omnystudio.com/listener for privacy information.

Dr. Andy Pekosz, Johns Hopkins University Bloomberg School of Public Health Professor and Virologist, says now is the time to be proactive to prevent again the new Covid variant and other virus risks. Amrita Sen, Energy Aspects Founder and Director of Research, says the oil market has had a huge overreaction to the new Covid variant. David Riley, BlueBay Asset Management Chief Investment Strategist, says the new Covid variant challenges market assumptions about the virus. Joe Feldman, Telsey Senior Research Analyst & Assistant Director of Research, says people are doing their holiday shopping earlier because of supply concerns.See omnystudio.com/listener for privacy information.

Marvin Loh, State Street Global Markets Global Macro Strategist, says today's data confirms that the U.S. Economy is moving in the right direction. Mike Wilson, Morgan Stanley Chief U.S. Equity Strategist, there is a possibility that demand could curtain as supply picks up next year. Amy Wu Silverman, RBC Capital Markets Equity Derivatives Strategist, says the options market has finally woken up. Dr. Bhakti Hansoti, Johns Hopkins Associate Professor of Emergency Medicine, says Covid-19 is absolutely not endemic. Brian Kelly, The Points Guy CEO & Founder, says airlines need to reinvest in their service post-Covid.See omnystudio.com/listener for privacy information.

Anastasia Amoroso, iCapital Network Chief Investment Strategist, says the damage to the Turkish Lira has been self-inflicted. Mark McCormick, TD Securities Global Head of FX Strategy, says the market has completely lost confidence in Turkey. Michael Feroli, JPMorgan Chief U.S. Economist says the U.S. labor market looks pretty healthy and is getting back to normal. Wendy Schiller, Brown University Taubman Center for American Politics & Policy Director, says Democrats need to show they can still govern otherwise they'll lose suburban voters.See omnystudio.com/listener for privacy information.

President Joe Biden selects Jerome Powell for a second four-year term as U.S. Federal Reserve chair and elevates Governor Lael Brainard to vice chair. A special edition of Bloomberg Surveillance gets the reaction from Kathy Jones, Charles Schwab Chief Fixed Income Strategist; Alan Blinder, Former Federal Reserve Vice Chair; Bob Michele, JPMorgan Investment Management CIO; Priya Misra, TD Securities Global Head of Rates Strategy; Eric Freedman, U.S. Bank Asset Management Chief Investment Officer; Danny Blanchflower, Dartmouth College Professor and more.See omnystudio.com/listener for privacy information.

Nadia Lovell, UBS Global Wealth Management Senior US Equity Strategist, predicts the S&P 500 Index will reach 5,000 by June of 2022. Jim O'Sullivan, TD Securities Chief US Macro Strategist, expects growth momentum to be down over the next year. Andrew Pekosz, Johns Hopkins Bloomberg School of Public Health Professor & Virologist, discusses the FDA's authorization of Pfizer and Moderna booster shots for adults in the U.S. Hugo Rogers, Deltec Bank & Trust Chief Investment Officer, says markets are facing a trifecta of tailwinds.See omnystudio.com/listener for privacy information.

Subadra Rajappa, Societe Generale Head of U.S. Rates Strategy, still expects a strong growth trajectory over the next several years. Megan Greene, Harvard Kennedy School Senior Fellow, says Turkey is the canary in the EM coalmine. Seth Carpenter, Morgan Stanley Chief Global Economist, expects inflation to peak at start of 2022. Stephen Stanley, Amherst Pierpont Chief Economist, says it's going to take a while for the Fed to catch up.See omnystudio.com/listener for privacy information.

David Rubenstein, The Carlyle Group Co-Founder & Co-Executive Chairman, discusses how he expects SEC Chair Gary Gensler to deal with crypto regulation. Jordan Rochester, Nomura G10 FX Strategist, don't see any reason why the dollar should weaken from here. Ben Laidler, eToro Global Markets Strategist, says the Santa rally came early this year. Sarah House, Wells Fargo Senior Economist, doesn't expect the Fed to be too aggressive in this environment.See omnystudio.com/listener for privacy information.

James Bullard, Federal Reserve Bank of St. Louis Fed President, says the central bank should speed up its reduction of monetary stimulus in response to a surge in U.S. inflation. Priya Misra, TD Securities Head of Global Rates Strategy, says the FOMC is just as split as the market. Andrew Sheets, Morgan Stanley Chief Cross Asset Strategist, explains why they remains cautious on the year ahead. Dana Peterson, Conference Board Chief Economist, says the U.S. economy is getting back on track.See omnystudio.com/listener for privacy information.

Bill Dudley, Former New York Federal Reserve Bank President and Bloomberg Opinion Columnist, and Jeffrey Lacker, Former Richmond Federal Reserve President, both could see the Fed raising its target for the federal funds rate to 3% or above. Lori Calvasina, RBC Capital Markets Head of U.S. Equity Strategy, says stocks are the only game in town right now. Mona Mahajan, Edward Jones Senior Investment Strategist, says this bull market still has legs. Stephen Sadove, Former Saks CEO & MasterCard Senior Advisor, is expecting to see strong Black Friday sales.See omnystudio.com/listener for privacy information.