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Bloomberg Surveillance

Bloomberg Surveillance

4,494 episodes — Page 70 of 90

Gasoline May Jump as Much as 40 Cents a Gallon, Gartman Says

Dennis Gartman, editor and publisher of the Gartman Letter, says there won't be any gasoline from the Colonial pipelines for the next several weeks. Prior to that, Nicholas Akins, CEO of American Electric Power, says it's critical to get electrical power back up at chemical facilities in Houston. Finally, Michael Brown, an economist at Wells Fargo, says he expects Democrats to support a clean debt-ceiling bill.See omnystudio.com/listener for privacy information.

Aug 31, 201732 min

Why Morgan Stanley Is Revising Its GDP Outlook

Ellen Zentner, Morgan Stanley's chief U.S. economist, tells Tom Keene and Francine Lacqua why Morgan Stanley is revising its GDP forecast and says the economy hasn't seen the worst yet for inflation this year. Jens Nordvig, Exante Data's CEO and founder, says there's too much concern about European political risk. Jacques Rousseau, an oil and gas analyst at Clearview Energy Partners, says things may get to the point where companies borrow oil. Finally, Daniel Alpert, Westwood Capital's managing partner, says the vicious cycle of borrowing to consume is re-emerging.See omnystudio.com/listener for privacy information.

Aug 30, 201734 min

Next Fed Chair Doesn't Have to be Seasoned Economist, Schlosstein Says

Ralph Schlosstein, president and CEO of Evercore Partners, says the next chair of the Federal Reserve doesn't have to be a seasoned economist. Prior to that, Harm Bandholz, Unicredit's chief U.S. economist, says the U.S. will be at two percent GDP by the end of next year. Pete Sessions, a Republican representative from Texas, says President Trump must figure out where his best talents are quickly. Finally, Bruce Klingner, a former CIA deputy division chief, says China would act on North Korea if the U.S. limited their financial access.See omnystudio.com/listener for privacy information.

Aug 29, 201740 min

Ex-FEMA Head Says Trump's Done Everything Right on Harvey So Far

Former FEMA Director James Lee Witt says Trump's done everything right so far on Hurricane Harvey. Prior to that, Representative Mark Walker, chairman of the Republican Study Committee, says he expects U.S. tax reform to pass before Thanksgiving. Noah Feldman, a Bloomberg View columnist, says it's clear Trump ignored all formal processes in pardoning Sheriff Joe Arpaio. Finally, former Fed Vice Chair Alice Rivlin says a government shutdown could still happen, even though she doesn't expect it.See omnystudio.com/listener for privacy information.

Aug 28, 201740 min

Fed Should Be Moving on Balance Sheet, Dallas Bank's Kaplan Says

Robert Kaplan, president of the Dallas Federal Reserve Bank, says the economy is closer to the neutral rate than some think, and the Fed should be moving on its balance sheet. Glenn Hubbard, dean of the Columbia Business School, sees 2 percent inflation in the not-too-distant future. Finally, Mohamed El-Erian, Allianz SE's chief economic adviser, says despite the back and forth in Washington, the government's debt ceiling will be resolved.See omnystudio.com/listener for privacy information.

Aug 25, 201737 min

Fed Can Start Shrinking Its Balance Sheet, Esther George Says

Esther George, president of the Kansas City Federal Reserve Bank, says the Fed can start shrinking its balance sheet and that there's still an opportunity to increase rates once more. Prior to that, Ron Temple, Lazard Asset Management's co-head of multi-asset investment, says leadership is not a tweet. Shannon O'Neil, a senior fellow at the Council on Foreign Relations, says Latin American countries have a reflex action about U.S. tough talk. Finally, Tim Pawlenty, the former governor of Minnesota and a former presidential candidate, says despite Democrat opposition, a tax bill could be forced through by Republicans if they wanted.See omnystudio.com/listener for privacy information.

Aug 24, 201742 min

Trump Doesn't Have to Play Hero Role, Just a Less Destructive One, Gabriel Says

Chuck Gabriel, president of Capital Alpha Partners, says Trump doesn't have to play a heroic role, just a less destructive one. Gary Shilling, president of A. Gary Shilling & Co., says massive tax reform is due in the U.S. Finally, Jacques Rousseau, the managing director of global oil and gas at Clearview Energy Partners, says there's a disconnect in gas consumption data.See omnystudio.com/listener for privacy information.

Aug 23, 201735 min

Trump Is Over-Relying on Military Advice, Former U.S. Army Secretary Says

Former U.S. Army Secretary Eric Fanning says President Trump is over-relying on military advice and that his views on Afghanistan have evolved significantly. Prior to that, Conrad Dequadros, RDQ Economics' senior economist, says there's a low chance that U.S. fiscal policy will change. Finally, Lawrence Korb, the former assistant secretary of defense, says Trump's policy on Afghanistan risks inciting terrorists.See omnystudio.com/listener for privacy information.

Aug 22, 201733 min

Trump Should Apologize for Charlottesville Comments, Former GM CEO Says

Former GM CEO Dan Akerson says President Trump can win back peoples' good will with good deeds. Prior to that, Nathan Sheets, chief economist at PGIM Fixed Income, says Mario Draghi will probably focus on international economic issues at Jackson Hole. Brad Blakeman, a Republican strategist, says it's now up to Trump to unite the country. Finally, Grover Norquist, president of Americans for Tax Reform, says Steven Bannon's tax proposal was the "stupidest, dumbest and more destructive" idea he's heard.See omnystudio.com/listener for privacy information.

Aug 21, 201743 min

Authorities Knew Barcelona Attack Site Was Vulnerable, Klausen Says

Jytte Klausen, a professor at Brandeis University, says terror attacks in Europe reflect failures by local officials. Jim Glassman, JPMorgan Chase's commercial banking head economist, says the Fed needs to hold high ground. John Hudak, a senior fellow at the Brookings Institution, says President Trump still has a lot of tacit support. Finally, Mitch Lowe, the CEO of MoviePass, says cinemas must ramp up their security.See omnystudio.com/listener for privacy information.

Aug 18, 201735 min

America Suffers From 'History Deficit Disorder,' Brinkley Says

Douglas Brinkley, a historian and professor at Rice University, says there's a fierce hatred between Americans. Prior to that, Senator Benjamin Cardin, a Democrat from Maryland, says more people need to speak out against President Trump. David Herro, Harris Associates' CIO of international equity, says there are still opportunities in Italian banks. Republican Representative David Reichert says Trump's Charlottesville remarks were concerning. Finally, Chuck Robbins, the CEO of Cisco, says the company's transition to software is speeding up.See omnystudio.com/listener for privacy information.

Aug 17, 201750 min

Wal-Mart Is Killing Small-Town America More Than Amazon, DeLong Says

Brad DeLong, an economics professor at Berkeley, says Wal-Mart, not Amazon, is killing small-town America. Prior to that, New Jersey Representative Bill Pascrell, a Democrat, says Republicans are afraid to stand up to Trump. Sebastien Galy, a macro strategist at Deutsche Bank, says wages will eventually rise. Finally, Michael Barone, the author of "The Almanac of American Politics," says Democrats and Trump are both behaving irrationally.See omnystudio.com/listener for privacy information.

Aug 16, 201742 min

It's Been Difficult to Get Inflation to Move, Soss Says

Neal Soss, Credit Suisse's vice chairman of global fixed income, says it's been difficult to get inflation to move and politics is a distraction to markets. Prior to that, Gideon Rose, the editor of Foreign Affairs magazine, says the U.S. isn't Venezuela and President Trump won't bring this country down. Then, Admiral James Stavridis, the dean of the Fletcher School at Tufts University, says he has enormous respect for John Kelly and communicates with him often.See omnystudio.com/listener for privacy information.

Aug 15, 201738 min

White Supremacy Granted a Place at American Political Table, Ricks Says

Thomas Ricks, a Pulitzer-prize winning author, says U.S. political turmoil is reminiscent of the 1930s. Prior to that, Douglass Kass, founder and partner at Seabreeze Partners, says he expects Twitter to be part of a much larger company by next year. Fred Hochberg, the former chairman of Export-Import Bank of U.S., says the future of the Democratic party will be with the young and millennials. Finally, Michael Mullen, the former chairman of the Joint Chiefs of Staff, says Trump hasn't left himself room to maneuver with China.See omnystudio.com/listener for privacy information.

Aug 14, 201740 min

'The Heat Is On' Goldman Sachs, Mayo Says

Mike Mayo, Wells Fargo's head of U.S. large-cap bank research, says the heat is on Goldman Sachs and that he expects to see a jump in Citigroup shares. Prior to that, Doug Bandow, a senior fellow at the Cato Institute, says bluff and bluster doesn't help the U.S. Then, Jeffrey Rosenberg, BlackRock's chief fixed-income strategist, says inflation reports matter to the Fed as it's looking for transitory weakness. Finally, Diane Swonk, founder of DS Economics, says inflation data from September and October will be more important for the Fed.See omnystudio.com/listener for privacy information.

Aug 11, 201749 min

Fed Will Face Questions if Inflation Stays Low, Konstam Says

Dominic Konstam, Deutsche Bank Securities' global rates research head, says the Fed will face questions if inflation stays low and says that fiscal reform may raise potential U.S. growth. Frank Keating, the former governor of Oklahoma, says Trump must be a cheerleader for his agenda. Former Assistant Secretary of State Mark Kimmitt says the U.S. needs to meet Kim Jong-un capability-for-capability and word-for-word so that he's no longer a threat to the region. Finally, Austan Goolsbee, a professor at the University of Chicago's Booth School of Business, says the U.S. isn't doing a great job about measuring part-time jobs in the labor economy.See omnystudio.com/listener for privacy information.

Aug 10, 201748 min

Democratic Party Needs to Focus on Economic Growth, General Clark Says

General Wesley Clark, the former NATO Allied Supreme Commander, says the Democratic party needs to focus on economic growth. Prior to that, Ted Alden, a senior fellow at the Council on Foreign Relations, says China is North Korea's primary trade partner and sanctions will squeeze North Korea's economy to a degree we haven't seen in the past. Michael Nathanson, a senior research analyst at MoffettNathanson, says cable companies may shift the profit they made from TV to profit from broadband. Finally, Oklahoma Representative Tom Cole says the U.S. doesn't want to be provocative but does need North Korea to know it's serious.See omnystudio.com/listener for privacy information.

Aug 9, 201732 min

Ackman's ADP Fight Is Diverting the Business, Cooperman Says

Leon Cooperman, chairman and CEO of Omega Advisors, talks about Bill Ackman's plans for Automatic Data Processing Inc. Prior to that, Martin Sorrell, CEO of WPP, says China is becoming a major technological force. Then, Jared Bernstein, a senior fellow at the Center on Budget Policy, says the U.S. tax codes are just too complex.See omnystudio.com/listener for privacy information.

Aug 8, 201742 min

No Risk of Inflation Taking Off, Posen Says

Adam Posen, president of the Peterson Institute for International Economics, says the Fed is in a period of "normal" difficulties. Prior to that, Kevin Logan, HSBC's chief U.S. economist, says the Fed is on course to begin its disinvestment policy. Deborah Lehr, a senior fellow at the Paulson Institute, says there's concern about China's abilities to combat North Korea. Finally, Alexia Howard, a senior research analyst at Sanford Bernstein, says Mondelez is struggling in emerging markets.See omnystudio.com/listener for privacy information.

Aug 7, 201750 min

Gary Cohn Says to Expect More Deregulation

White House economic adviser Gary Cohn says there's more deregulation to come. Prior to that, Jim Glassman, a senior economist at JPMorgan, says U.S. benchmarks we used to have are obsolete. Mohamed El-Erian, a Bloomberg View columnist, says Euro gloom has given way to Euro optimism. Alan Krueger, a professor at Princeton University, says technology isn't a job-killer. Finally, Bill Gross, a fund manager at Janus Henderson, says real interest rates are a problem.See omnystudio.com/listener for privacy information.

Aug 4, 201749 min

Amazon/Whole Foods Deal Is a 'Net-Net Win,' Kantor Says

Neuberger Berman's Charles Kantor discusses the Amazon/Whole Foods deal and also says GE's Jeff Immelt performed well for his company. Peter Westaway, Vanguard Asset Services' chief European economist, says the slightly dovish message from the BOE is appropriate. Finally, Michael Chertoff, former U.S. Secretary of Homeland Security, says the scale of cyberattacks will grow.See omnystudio.com/listener for privacy information.

Aug 3, 201730 min

Volcker Rule Is Cumbersome, Goldman Sachs CEO Blankfein Says

Lloyd Blankfein, Goldman Sachs' chairman and CEO, and Michael Bloomberg, founder and majority owner of Bloomberg LP, discuss banking regulation and the impact on business. Prior to that, Credit Suisse's Matthew Rothman and JPMorgan's Gabriela Santos share lessons learned 10 years after the financial crisis. Finally, James Stavridis, the dean of Fletcher School at Tufts University, says General John Kelly is all about duty.See omnystudio.com/listener for privacy information.

Aug 2, 201741 min

Intesa Sanpaolo Is a Solid and Undervalued Bank, Herro Says

David Herro, Harris Associate's CIO of international equity, says the European economy is finally seeing a spark. Prior to that, Christopher Grisanti, founder of Grisanti Capital Management, says the Discovery-Scripps deal is desperation not to be left behind. Charles Gabriel, founder of Capital Alpha Partners, says the health-care bill is "mostly dead." Finally, PIMCO's Joachim Fels says Trump is winning the "cold currency war."See omnystudio.com/listener for privacy information.

Aug 1, 201748 min

GOP Has Been Compromised by Protectionism, Sen. Jeff Flake Says

Arizona Senator Jeff Flake says many people are concerned about President Trump's chaotic White House atmosphere. Prior to that, Michael Shaoul, CEO of Marketfield Asset Management, says 2017 may be the best year for markets since 2009. Wendy Schiller, the chair of political science at Brown University, says established Republicans don't want to work for Trump. Russ Koesterich, a money manager at BlackRock, says OPEC isn't in control. Finally, Dennis Gartman, editor of the Gartman Letter, says the dollar is quietly and laboriously moving lower.See omnystudio.com/listener for privacy information.

Jul 31, 201759 min

Americans Deserve Thorough Consideration of Tax Reform, Doggett Says

Tim Adams, President and CEO of the Institute of International Finance, said we can still get a deal on tax reform in fourth quarter of 2017 or first quarter of 2018. George Bory, Wells Fargo Head of Credit Strategy, said he thinks bond yields will go up a bit and is looking to protect bond price returns. Steven Friedman, senior economist at BNP Paribas Asset Management, said consumers will continue to drive economic growth. Rep. Lloyd Doggett (D-TX) House Ways and Means Tax Policy Subcommittee Ranking Member, said President Trump voters are mixed on whether they have wavered in their support of him. David Rubenstein, host of "The David Rubenstein Show: Peer-to-Peer Conversations" discusses his conversation with Elliott Management's Paul Singer.See omnystudio.com/listener for privacy information.

Jul 28, 201754 min

Randy Quarles is Ideal Choice for Fed Job, Clarida Says

Bob Nardelli, Former Chrysler & Home Depot CEO & Chairman, said rolling back restrictions and lowering corporate tax rates will help companies stay in the U.S. and make money. Richard Clarida, PIMCO Strategic Advisor, said the U.S. inflation picture can turn on a dime. Robert Tipp, PGIM Fixed Income's Chief Investment Strategist, said volatility is low during rate hike cycles because the Fed has a lot of control.See omnystudio.com/listener for privacy information.

Jul 27, 201731 min

Republicans Campaigned to Repeal ACA and Need to Keep Promise, DeMint Says

Former Senator Jim DeMint says Republicans need to keep their promise to repeal the Affordable Care Act and that President Trump and Jeff Sessions need to restore their relationship. Prior to that, Michael Darda, MKM Holdings' chief economist, and Ian Bremmer, president of Eurasia Group, discuss European politics and international relations. Finally, Seth Carpenter, UBS' chief U.S. economist, says the current decade is the slowest in productivity growth since World War II.See omnystudio.com/listener for privacy information.

Jul 26, 201726 min

GDP Growth at 3 Percent Isn't Going to Happen, Mortimer-Lee Says

Paul Mortimer-Lee, BNP Paribas' chief market economist, says 3 percent GDP growth isn't going to happen. Prior to that, Tony Dwyer, Canaccord Genuity's chief market strategist, says there's a synchronized global economic recovery. Texas Representative William Hurd says the Trump administration has done a good job in dealing with ISIS. Finally, Ohio Representative Timothy Ryan says there's no real seriousness within the GOP.See omnystudio.com/listener for privacy information.

Jul 25, 201736 min

GOP Has 'Keys to the Car' But Not Control, Haines Says

Terry Haines, Evercore ISI's senior political strategist, says the GOP has the "keys to the car" but not complete control and that White House investigations are distractions in D.C. Then, Michael Cohen, the head of energy commodities research at Barclays, says there's a lack of clarity from Libya and Nigeria on oil levels. Finally, Peter Hayes, BlackRock's head of municipal bonds, says new high yield deals that are coming to the markets are structurally weak.See omnystudio.com/listener for privacy information.

Jul 24, 201737 min

We Will Get a Different Fed During Next Seven Years, El-Erian Says

Mohamed El-Erian, chief economic adviser at Allianz and a columnist at Bloomberg View, talks about the future of the Federal Reserve. Prior to that, Chris Verrone, who heads technical analysis at Strategas Research Partners, says market trends can influence seasonality. Jeff Sprague, founder of Vertical Research Partners, says GE's cash flow was better for the second quarter, but the company has a big hill to climb to get to the full-year target. Finally, Bloomberg View's Tim O'Brien says people need to care about issues related to Russian sanctions.See omnystudio.com/listener for privacy information.

Jul 21, 201731 min

Central Bankers Should've Been More Aggressive, Rogoff Says

Kenneth Rogoff, a professor at Harvard University, says central bankers should've been more aggressive during the financial crisis and that India's demonetization was done too quickly. Prior to that, Kathy Matsui, chief Japan equity strategist at Goldman Sachs Japan, says Japanese companies are strong. Robert Shiller, a professor at Yale University, says New York City housing is more affordable than people think. Finally, New Orleans Mayor Mitch Landrieu says Washington's stuck making the same mistakes in health care.See omnystudio.com/listener for privacy information.

Jul 20, 201741 min

International Community Isn't Confident in U.S. Policy, Sinche Says

Robert Sinche, a global strategist at Amherst Peirpont, says there's a lot of political and monetary uncertainty in the U.S. Then, Donald Straszheim, the head of Evercore ISI's China research team, says Washington won't be able to get what it wants out of China. Douglas Duncan, Fannie Mae's chief economist, expects strong U.S. housing price appreciation to continue. Finally, Jared Bernstein, a senior fellow at the Center on Budget and Policy, says the best thing the Fed can do is let the labor market run hot to create more wage pressure.See omnystudio.com/listener for privacy information.

Jul 19, 201740 min

Obamacare Marketplace Is Failing, Eurasia's Lieber Says

Jon Lieber, Eurasia Group's director of U.S. practice, says the federal government will have to step in as the Obamacare marketplace fails. Prior to that, John Silvia, Wells Fargo's chief economist, says there's an imbalance in U.S. economic policies. Jonathan Miller, CEO of Miller Samuel, says credit hasn't normalized for mortgage lendings. Finally, Bloomberg Businessweek's Joshua Green discusses Steve Bannon's influence on power, the thinking behind Trump's actions and the state of U.S. political parties.See omnystudio.com/listener for privacy information.

Jul 18, 201758 min

Health-Care Bill Must Be Defeated, Penn's Emanuel Says

Ezekiel Emanuel, chairman of medical ethics and health policy at the University of Pennsylvania, says the health-care bill must be defeated. Prior to that, Tony Crescenzi, a market strategist at PIMCO, says he expects one more rate hike this year with two to three in 2018. Finally, Greg Valliere, Horizon Investments' chief global strategist, says Trump must widen his circle of advisers.See omnystudio.com/listener for privacy information.

Jul 17, 201735 min

Businesses Have Less Pricing Power Right Now, Dallas Fed President Says

Dallas Fed President Robert Kaplan says businesses have far less pricing power right now and to expect wage pressures to mount in the months ahead. Prior to that, Kate Moore, BlackRock's chief equity strategist, says we should feel confident about the sustainability of the market. Megan Murphy, editor of Bloomberg Businessweek, discusses Lloyd Blankfein's banking resiliency. Kenneth Leon, a bank analyst at CFRA, says Wells Fargo is a "super-regional bank" rather than a diversified global bank. Finally, Thomas Coburn, a former senator from Oklahoma, says health care won't get fixed in Washington.See omnystudio.com/listener for privacy information.

Jul 14, 201748 min

There's 'Desired Chaos' in the White House, Rattner Says

Steve Rattner, Willett Advisors' chairman, says Trump isn't interested in advice or suggestions in running his White House. Prior to that, Mario Gabelli, Gabelli Funds' CIO of value portfolios, says American companies will get tailwinds as opposed to headwinds. Douglas Elmendorf, the dean of Harvard's Kennedy School, says it's important for GOP leaders to stand up for the CBO and its work. Brian Wieser, a senior research analyst at Pivotal Research Group, says Fox is undervalued. Finally, Martin Sorrell, WPP's CEO, says businesses have yet to see the effects of U.K. uncertainty.See omnystudio.com/listener for privacy information.

Jul 13, 201734 min

Fed Must Raise Rates and Shrink Balance Sheet Thoughtfully, Hill Says

Arkansas Congressman French Hill says Fed governors need banking, business and a mixture of experience. Prior to that, Bruce Kasman, JPMorgan's chief economist, says the important thing to look for from the Fed is balance sheet timing. Libby Cantrill, Pimco's executive vice president, says expectations for passing legislation are unrealistic. Finally, Toby Cosgrove, CEO of the Cleveland Clinic, says he doesn't expect the health-care bill to be passed.See omnystudio.com/listener for privacy information.

Jul 12, 201747 min

Central Banks Around the World Have Overreached, Plosser Says

Charles Plosser, the former Philadelphia Fed president, says central banks around the world have overreached and Randal Quarles's nomination would be good for the Fed board. Prior to that, Howard Ward, Gabelli Funds' CIO of growth equities, says we're in a nominal 3 percent GDP world. David Shulkin, U.S. Secretary of Veterans Affairs, says the V.A. has invested heavily in cybersecurity. Doug Bandow, a senior fellow at the Cato Institute, says North Korea's regime is evil, but not crazy. Finally, Timothy O'Brien, Bloomberg View's executive editor, says Trump is his own first and last counsel.See omnystudio.com/listener for privacy information.

Jul 11, 201747 min

Trump 'Wounds' Are Self-Inflicted, Valliere Says

Greg Valliere, Horizon Investments' chief global strategist, says Trump's "wounds" are self-inflicted by his sensitivity to criticism and inability to let the Russia story go. Prior to that, Carl Weinberg, High Frequency Economics' chief economist, says Europe inflation is under target. Jim Barry, BlackRock's head of real assets, says the U.S. has underinvested in infrastructure for 30 to 40 years. Finally, Robert Hormats, vice chairman of Kissinger Associates, says a well-functioning global economy would make America great again.See omnystudio.com/listener for privacy information.

Jul 10, 201758 min

We're Not In a Bond Rout Yet, Gross Says

Bill Gross, a fund manager at Janus Henderson, says the bond market isn't in a rout yet and to expect one more Fed rate increase this year, likely in December. Prior to that, Alan Krueger, a professor at Princeton University, says the U.S. is heading toward a labor shortage economy. James Glassman, a senior economist at JPMorgan, says the jobs data for June show people are recognizing the economy's in a better position today. Finally, Max Baucus, the former U.S. ambassador to China, says foreign leaders don't know what to expect from President Trump's inconsistency.See omnystudio.com/listener for privacy information.

Jul 7, 201754 min

Russians Are Interfering in Western European Politics, Hormats Says

Robert Hormats, Kissinger Associates' vice chairman, says Russia is clearly trying to undermine stability among European countries within the NATO alliance. Barry Eichengreen, a professor at the University of California at Berkley, says the U.S. will learn how hard it is to go alone in the world. Roberto Azevedo, the director general at the World Trade Organization, says the Trump administration is still trying to figure out its trade plans. Michael Feroli, JPMorgan's chief U.S. economist, says the Fed's still following the Phillips curve tradition. Gene Munster, co-founder of Loup Ventures, says Tesla's Model 3 is a paradigm shift in e-vehicles and autonomy.See omnystudio.com/listener for privacy information.

Jul 6, 201743 min

The Great Posen/Ryding Debate

Adam Posen, the president of the Peterson Institute for International Economics, and John Ryding, RDQ Economics' chief economist, agree to disagree on the past, present and future for Fed Chair Yellen and other bankers. Prior to that, David Folkerts-Landau, Deutsche Bank's chief economist, says the Fed will lead the way against market dangers through gradual rate increases and careful communication. Megan Greene, Manulife Asset Management's chief economist, says the Fed's painted into a corner in terms of shrinking its balance sheet. Finally, Louise Yamada, a market analyst at Louise Yamada Techresearch, says a near-term correction isn't in the horizon.See omnystudio.com/listener for privacy information.

Jul 5, 201734 min

Abe Has a Chance to Get His Party Back on Track, Feldman Says

Robert Feldman, a senior advisor at Morgan Stanley MUFG, says Shinzo Abe has an opportunity to get his party back on track and Japan wants to play a more active role against North Korea. Prior to that, Berenberg Capital Markets' Mickey Levy says global central banks are conducting policies that are inconsistent with market fundamentals. Finally, Don Katz, founder and CEO of Audible, discusses the evolution of the audio book, podcasts and Audible's relationship with Amazon.See omnystudio.com/listener for privacy information.

Jul 3, 201747 min

Three Percent Unemployment: The Optimism of Unicredit

Harm Bandholz, Unicredit's chief U.S. economist, talks about his optimistic view of the unemployment rate and says it would be positive for the U.S. if the Eurozone strengthens. Robert Profusek, a partner at Jones Day, says the pace of deal-making isn't slowing but it's taking longer to close. Finally, Dennis Gartman, editor and publisher of the Gartman Letter, says the recent gold drop may have been caused by Venezuela selling.See omnystudio.com/listener for privacy information.

Jun 30, 201739 min

Banks Are Facing a 'Toxic Cocktail,' Kass Says

Doug Kass, president of Seabreeze Partners, says headwinds in the banking industry could be a "toxic cocktail." Prior to that, Peter Hooper, Deutsche Bank's chief economist, says the ECB will be tapering further by the end of the year. Charles Peabody, an analyst at Compass Point Research, says Jamie Dimon's tech investments have put JPMorgan at an advantage. Dan Yergin, IHS' vice chairman, says big oil will go through soul-searching. Finally, Texas Representative Kevin Brady says the Senate will resolve their differences and pass health care.See omnystudio.com/listener for privacy information.

Jun 29, 201758 min

McConnell Will Get His Health Care Votes, Former HHS Secretary Says

Former Secretary of Health and Human Services Michael Leavitt says Mitch McConnell will ultimately get his 50 votes for health care but will need heavy negotiations. Prior to that, Stan Collender, Qorvis MSLGROUP's executive vice president says the CBO is stronger today than it was two months ago. Komal Sri-Kumar, founder and president of Sri-Kumar Global Strategies, says Christine Lagarde's too optimistic about the U.S. Then, Diane Swonk, CEO of Diane Swonk & Associates, says U.S. GDP is stuck at 2 percent. Finally, Brian Wieser, a senior research analyst at Pivotal Research Group, says Facebook's user growth isn't particularly meaningful.See omnystudio.com/listener for privacy information.

Jun 28, 201759 min

Google Denied Europeans the Benefits of Competition, Vestager Says

Margrethe Vestager, the European commissioner for competition, says Google demoted rivals in favor of Google Shopping. Prior to that, Neal Soss, Credit Suisse's vice chairman of global fixed income, says infrastructure is the way to get GDP higher than 2 percent. David Herro, CIO of international equity at Harris Associates, says Google is a strong, virtuous business but there's concern about privacy. Finally, David Kotok, CEO of Cumberland Advisors, says Amazon's Whole Foods purchase made sense and that more "unusual" consolidations are on the way.See omnystudio.com/listener for privacy information.

Jun 27, 201748 min

Trump Needs to Be President and Stop Tweeting, Mayor Walsh Says

Boston Mayor Martin Walsh says Trump needs to stop tweeting and focus on issues like infrastructure and the opioid epidemic. Prior to that, William Lee, Milken Institute's chief economist, says raising rates may cause consumers to start spending. Gerard Cassidy, RBC Capital Markets' managing director of equity research, says the real value is in the largest banks. Finally, Robert Sinche, a global strategist at Amherst Pierpont, says it's unhealthy for the Fed to own too much government debt.See omnystudio.com/listener for privacy information.

Jun 26, 201747 min

US Jobless Rate Will Drop to 3.5% Next Year, Hyman Says

Evercore ISI Chairman Ed Hyman explains why he's so optimistic about the U.S. jobless rate. Mark Haefele, UBS Wealth Management's global chief investment officer, says emerging markets mirror improving U.S. markets. Craig Moffett, MoffettNathanson's senior research analyst, says cable TV isn't done yet. Finally, Max Baucus, a former Senator from Montana, and Michael Cannon, CATO Institute's director of health policy studies, react to the Senate's proposed health-care bill.See omnystudio.com/listener for privacy information.

Jun 23, 201742 min

Rising Home Prices Aren't 'Bubble Mentality,' Shiller Says

Robert Shiller, a professor at Yale University, and Peter Wallison, a former Reagan White House counsel, discuss the state of the housing market and Dodd-Frank regulations. Pankaj Ghemawat, a professor at NYU's Stern School of Business, says companies expected a protectionist climate before Trump and Brexit. Finally, Michael Cannon, director of health policy studies at the Cato Institute, says Republicans are doing everything they accused Democrats of doing in 2009.See omnystudio.com/listener for privacy information.

Jun 22, 201734 min