Bloomberg Surveillance
4,573 episodes — Page 76 of 92
Surveillance: Many Potential Buyers for Time Warner, BTIG Says
Richard Greenfield, an analyst of media and technology at BTIG, says HBO and Warner Bros. are the crown jewels of Time Warner and expects Viacom and CBS to merge. Brian Wieser, a senior research analyst at Pivotal Research Group, weighs in on the potential AT&T and Time Warner merger and the evolution of digital media. Nick Heymann, an analyst at William Blair, says project financing will be a big deal for GE. Sara Senatore, a research analyst at Sanford Bernstein, says McDonald's Corp. should be able to grow in this industry, but not very fast.See omnystudio.com/listener for privacy information.
Surveillance: U.S. Earnings to Rise 5% in 2017, Adams Says
Gina Martin Adams, an equity strategist at Wells Fargo says stock valuations for consumer staples are the most dangerous. Carsten Brzeski, the chief economist at ING, says the ECB will extend QE until the end of 2017. Ben Emons, the chief economist at Intellectus Partners, says the European economy is slowly recovering and discusses QE after the ECB rate decision. Jeromin Zettelmeyer, a senior fellow at the Peterson Institute for International Economics, says the ECB can continue with its QE program without technical or political constraints.See omnystudio.com/listener for privacy information.
Surveillance: Economic Decisions Pulling us Apart, Krueger Says
Alan Ruskin, co-head of FX research at Deutsche Bank, says the pound could go into free fall. Sebastian Mallaby, senior fellow for international economics at the Council on Foreign Relations, discusses his new book on Alan Greenspan and says Greenspan called the Fed a historic disaster. Alan Krueger, professor of economics at Princeton University and an economic adviser to Hillary Clinton, speaks about her economics plans and keeping the election focused on the economy.See omnystudio.com/listener for privacy information.
Surveillance: Apple's Future Should Be in Content, Ward Says
John Strickland, JLS director and analyst, says Ryanair is healthy despite pressure from the pound. Howard Ward, chief investment officer of growth equities at GAMCO Investors, says he would like to see Apple go after Time Warner. Ann Duignan, an analyst at JPMorgan, says Caterpillar has a strong board after the C-suite shakeup.See omnystudio.com/listener for privacy information.
Surveillance: Foreign Investors Willing to Take Duration Risk
Brad Hintz, professor of finance at New York University, said London will remain the financial center post-Brexit. Lindsey Piegza, chief economist at Stifel Nicolaus, said there is no sense of immediacy to raise rates at this point. Matthew Mish, credit strategist at UBS, said foreign clients are increasingly looking at the U.S. high-grade, longer-duration credit markets.See omnystudio.com/listener for privacy information.
Surveillance: Beginning to See Slowdown in Banking, Hintz Says
Brad Hintz, adjunct professor of finance at New York University, says this was a good summer for fixed income for the banks. Dan Yergin, vice chairman of IHS, says the U.S. needs higher economic growth and more entrepreneurial energy. James Stavridis, dean of The Fletcher School of Tufts University, says he expects positive growth numbers in Greece next year. Erik Oja, banking analyst at CFRA Research, says this quarter's bank earnings are similar to last quarter, with the four major banks all beating on top-line and bottom-line expectations.See omnystudio.com/listener for privacy information.
Surveillance: Slowing Innovation Hit Productivity, Phelps Says
Edmund Phelps, winner of the 2006 Nobel Memorial Prize in Economic Sciences, says innovation is making workers more effective, but what they are producing is less valuable and that's why wages are falling. Alessio de Longis, portfolio manager at OppenheimerFunds, says he expects a modest bounce in emerging market growth. Stan Collender, executive vice president of Qorvis MSLGROUP, says the uncertainty coming out of Washington means there will be more talk of a government shutdown.See omnystudio.com/listener for privacy information.
Surveillance: Stephen Stanley on the Part Time-ization of US
Stephen Stanley, chief economist of Amherst Pierpont Securities, says 2016 inflation is very close to 2 percent. Craig Moffett, partner and senior research analyst at MoffettNathanson, says cable is best positioned for the next generation of wireless. Axel Merk, chief investment officer of Merk Investments, says the Fed wants to be behind the curve.See omnystudio.com/listener for privacy information.
Surveillance: Workplace Is Changing Dramatically, Nobelist Says
Dennis Gartman, editor of the Gartman Letter, says he's not yet confident of a gold rebound. Steve Rattner, chairman of Willet Advisors, says the equity markets are fully valued and that he's reducing exposure to U.S. equities. Scott Clemons, chief investment strategist at Brown Brothers Harriman, says rising interest rates will be a tailwind for the equity markets because the Fed is confident about economic stability. Bengt Holmstrom, the 2016 Nobel Prize winner in economics, says narrow financial incentives can be damaging.See omnystudio.com/listener for privacy information.
Surveillance: Fed Moving Closer to Normalization, Sinche Says
Robert Sinche, global strategist at Amherst Pierpont Securities, says the long-term yield downturn is a global phenomenon. Greg Valliere, chief global strategist at Horizon Investments, says Hillary Clinton's policies aren't pro-growth. James Steel, chief commodities analyst at HSBC Securities, says the biggest driver of gold is Fed policy. Takatoshi Ito, a professor at Columbia University's School of International and Public Affairs, discusses the BOJ's independence.See omnystudio.com/listener for privacy information.
Admati: Deutsche Bank Has Made Itself More Systemic
Anat Admati, professor of finance and economics at Stanford Graduate School of Business, says capital levels for European banks are meaningless with accounting tricks.See omnystudio.com/listener for privacy information.
Surveillance: Gross Says Job Report Won't Bar Fed Rate Increase
Alan Krueger, a professor of economics at Princeton University, says the U.S. economy is seeing encouraging signs of wage growth. Peter Fisher, a senior fellow at Dartmouth's Tuck School of Business, says the Fed has been targeting low-level volatility like it's a third mandate and that's a mistake. Bill Gross, a fund manager at Janus Capital Management, says he sees a stronger dollar in the longer term.See omnystudio.com/listener for privacy information.
Surveillance: Settlement on Deutsche Bank is Best, Lagarde Said
John Lipsky, a visiting scholar of the Paul H. Nitze School of Advanced International Studies and a former special adviser to the IMF, says the IMF is less concerned about China in the short term. Mohamed El-Erian, chief economic adviser of Allianz, says the market dodged a Lehman moment on Deutsche Bank. London School of Economics professor Nicholas Stern says Brexit is calling U.K. growth prospects into question. IMF Managing Director Christine Lagarde urges European banks to examine their business models.See omnystudio.com/listener for privacy information.
Surveillance: U.S. Economy Stagnating, Alan Greenspan Says
Jeff Currie, global head of commodities research at Goldman Sachs, says gold is trading in lock-step against real interest rates. UBS' Geoff Dennis discusses emerging market initiatives that may come out of the IMF meetings this week in Washington, D.C. Alan Greenspan, former chairman of the Federal Reserve, says global trade remains an overall net plus for markets.See omnystudio.com/listener for privacy information.
Surveillance: Major Sees Five More Years of Low Bond Yields
HSBC's Steven Major says we should expect lower yields to last longer. Eurasia Group's Callum Henderson says the weaker sterling is a positive bias for markets. David Herro, partner and chief investment officer at Harris Associates, says Credit Suisse shares are too cheap and expects a consolidation in banking as a result of regulation. Ian Shepherdson, chief economist at Pantheon Macroeconomics, says the sterling is set to drop substantially.See omnystudio.com/listener for privacy information.
Surveillance: U.K.'s Idea of Brexit Sovereignty an Illusion
Marc Chandler, head of currencies at Brown Brothers Harriman, weighs in on the pound's drop and analyzes the Obama dollar rally. James Stavridis, dean of the Fletcher School of Law and Diplomacy at Tufts University and a retired U.S. Navy admiral, discusses the outlook for Germany on Unity Day. Michael Feroli, chief U.S. economist at JPMorgan, says there has been a huge wealth boom but the savings rate is unchanged during the past several years.See omnystudio.com/listener for privacy information.
Surveillance: Citi's Buiter Says Global Economy is Stagnating
Willem Buiter, chief economist at Citigroup, says a hard Brexit is the most likely outcome for the U.K. BlackRock's Jeffrey Rosenberg discusses how low bond yields can go. Dr. Allan Meltzer, professor at the Tepper School of Business, says the Fed is financing the government's deficit.See omnystudio.com/listener for privacy information.
Surveillance: Harker Wants a Hike ‘Sooner, Rather Than Later'
In a Bloomberg exclusive, Philadelphia Fed President Patrick Harker says the Fed should normalize sooner rather than later. Former IMF Chief Economist Olivier Blanchard says the U.S. central bank may have a communication problem. Oaktree Capital Group's Howard Marks warns that lower institutional returns are a big problem.See omnystudio.com/listener for privacy information.
Surveillance: Fed Lacks Strategy, Former Philly Fed Pres. Says
NYU professor of economics Michael Spence says sole reliance on monetary policy won't work. Former President of the Federal Reserve Bank of Philadelphia Charles Plosser says the Fed faces troubling credibility problems on interest rates. University of Chicago Booth School of Business professor of economics Chad Syverson weighs in on the productivity slowdown in the U.S. Ford Motor CEO Mark Fields says Ford is exploring more mobility services to compete with Uber and Tesla.See omnystudio.com/listener for privacy information.
Surveillance: David Rosenberg Says He's Bearish on Yen
Gluskin Sheff & Associates' David Rosenberg says the U.S. dollar will appreciate over the next several months. University of California Irvine professor of economics Peter Navarro says Trump's economic program is to cut corporate tax rates and create jobs in the supply chain in the Midwest. University of California Berkeley professor of economics Laura Tyson says Clinton was prepared for the debate and was articulate and factual.See omnystudio.com/listener for privacy information.
Surveillance: Gallo Says German Government Must Intervene in DB
Algebris Investments' Alberto Gallo says Deutsche Bank will take 10 years to fix. Gary Shilling, president of A. Gary Shilling & Co., says he's raised cash holdings to 50 percent, the highest ever. Selzer & Co. President Ann Selzer discusses the latest Bloomberg Politics poll showing Trump and Clinton deadlocked before tonight's debate. John "Jack" Bogle of Bogle Financial Markets and founder of Vanguard Group weighs in on mutual fund costs and calls them outrageous.See omnystudio.com/listener for privacy information.
Surveillance: Competitive Devaluation Is 'Intellectually Vapid'
Charles Calomiris, an economics professor at Columbia Business School, says central banks' negative rates policy is idiotic. Edward Conard, author of "The Upside of Inequality: How Good Intentions Undermine the Middle Class," on saving America's Middle Class. Louise Yamada Technical Research's Louise Yamada says the Fed is keeping equities propped up. Brian Kelly, founding CEO of The Points Guy, says the Starwood program won't go away anytime soon.See omnystudio.com/listener for privacy information.
Surveillance: A 'Rudderless' Fed
Citigroup's William Lee says we have a rudderless, event-driven Fed. Wells Fargo's John Manley says American consumers are starting to feel better. And Morgan Stanley's Hans Redeker says it's time to slowly turn the boat on Yen.See omnystudio.com/listener for privacy information.
Surveillance: Goncalves Says It’s BOJ’s Turn to Move (Correct)
George Goncalves, head of U.S. rates strategy at Nomura Securities, discusses the changes to the Bank of Japan’s monetary stimulus program. Goldman Sachs’ Abby Joseph Cohen says U.S. stocks are not in a bubble. Atlas Merchant’s Bob Diamond says he’s looking to invest in European banks. The OECD’s Catherine Mann says there is no sign of a major collapse in confidence post Brexit.\u0010\u0010(Corrects spelling of guest in headline)See omnystudio.com/listener for privacy information.
Surveillance: Harvard's Porter Says Economy Peaked 20 Years Ago
Council of Foreign Relations' Richard Haass says TPP passage is a no-brainer for an open economy. Harvard Business School's Michael Porter says our political system is structured to divide us. CLSA's Mike Mayo says the Wells Fargo scandal will blow over with some pain. Peterson Institute Senior Fellow David Stockton says Yellen is more in the "patient" camp than the "ready to go" camp.See omnystudio.com/listener for privacy information.
Surveillance: Capital Alpha Partners' Gabriel on the Election
Luigi Zingales, professor at The University of Chicago Booth School of Business, says the German election shows a risk of the EU moving backward. UBS Securities' Brennan Hawken weighs in on Wells Fargo's recent lawsuit by customers. Capital Alpha Partners' Charles Gabriel says the sense of helplessness about homegrown terrorism could work to Trump's advantage.See omnystudio.com/listener for privacy information.
Surveillance: Achuthan Says Growth Cycle is Agonizing for Fed
Lakshman Achuthan, ECRI co-founder, explains his cautious view on economic growth. Also, Kennan Institute's William Pomeranz on Trump's admiration for Putin. And \u0010NYU's Rick Pildes on what happens if a political candidate pulls out.See omnystudio.com/listener for privacy information.
Surveillance: Sri-Kumar Says Give Monetary Policy A Rest
U.S. Council of Economic Advisers Chairman Jason Furman says U.S. productivity growth is too slow. Grisanti Capital Management CEO Christopher Grisanti recommends holding cash and being selective on stocks. Sri-Kumar Global Strategies founder Komal Sri-Kumar criticizes Bank of England Governor Mark Carney for moving too quickly in August.See omnystudio.com/listener for privacy information.
Surveillance: Fed on the Edge of Effectiveness
Carl Tannenbaum, Northern Trust Company's chief economist, on the dangerous path of Japanese demographics. PK Verleger President Phil Verleger defends his outlier call on oil. And UBS' Drew Matus on four key inflation charts.See omnystudio.com/listener for privacy information.
Surveillance: Rogoff On the Curse of Cash
Harvard University Professor Kenneth Rogoff makes the case for eliminating most paper money. Evercore Partners founder Roger Altman dismisses concern over Hillary Clinton's health. Martin Feldstein, president emeritus of the National Bureau of Economic Research, says the Fed has a risky strategy, while Yale University Professor Robert Shiller says the central bank is out of ammunition.See omnystudio.com/listener for privacy information.
Surveillance: Desai Says the Days of Globalization Are Over
The London School of Economics' Lord Meghnad Desai says we need helicopter money. Also, American Action Forum President Douglas Holtz-Eakin says the Fed is unpopular right now. OECD's William White says negative rates risk backfiring. And finally, Goldman Sachs' Jeff Currie says commodity markets are near equilibrium.See omnystudio.com/listener for privacy information.
Surveillance: Stern Says Fed Committed to Data-Dependency
Morgan Stanley's Ellen Zentner says the Fed is itching to move rates. Also, PIMCO Executive Vice President, Libby Cantrill, believes the same party that wins the White House will win the Senate. And finally, former Minneapolis Fed President Gary Stern: "I would vote for a Fed rate hike."See omnystudio.com/listener for privacy information.
Surveillance: Draghi Will Run Out of Assets to Buy
Piper Jaffray's Gene Munster says Apple's AirPods aren't likely to backfire. Also, Manulife's Megan Greene says ECB is following in BOJ's footsteps. And finally, PWC's Mitch Roschelle says that London still holds huge appeal post-Brexit.See omnystudio.com/listener for privacy information.
Surveillance: El-Erian Says Fed Rate Hike Likely in 2016
CLSA's Mike Mayo calls JPMorgan the LeBron James of banking; Allianz's Mohamed El-Erian says central banks are becoming less effective; Willett Advisors' Steve Rattner says U.S. trade deals didn't address lower wages; Amherst Pierpont's Stephen Stanley says the Fed can't be patient and gradual. And finally, NHL Commissioner, Gary Bettman: "There's nothing better than live sports, we're the ultimate reality show."See omnystudio.com/listener for privacy information.
Surveillance: Putin is an Unreformed NATO Hater
Kissinger Associates' Bob Hormats says the U.S. political environment is almost fact-free. Also, the Fletcher School's James Stavridis says that NATO underestimated the Russian response to NATO's expansion. And finally, the Gartman Letter's Dennis Gartman says ethanol is a terrible fuel.See omnystudio.com/listener for privacy information.
Surveillance: Gross: September Rate Hike is On
JPMorgan International Chairman Jacob Frenkel says negative rates are not healthy for the financial system; Harvard Kennedy School's Nicholas Burns says Vladimir Putin respects a show of force; Janus Capital's Bill Gross: September rate hike odds are close to 100%; and PIMCO's Scott Mather says Fed's "forward misguidance" campaign continues.See omnystudio.com/listener for privacy information.
Surveillance: Warther: VIX Needs a Catalyst
Stewart Warther, BNP Paribas Equity Strategist, and David Kotok, Cumberland Advisors Chairman, on what will drive volatility higher; Admiral James Stavridis, Dean of Tufts University Fletcher School, on G20 meeting and Russia-Turkey relations; and Stephen Schork, Schork Group President, says the cruel summer has been phenomenal for energy.See omnystudio.com/listener for privacy information.
Surveillance: Once Again, Doubt About the Fed
Atlantic Equities Bank Analyst Chris Wheeler says he doesn't expect a merger of big banks in Germany. Also, Ed Morse, head of commodities research at Citigroup, sees $65 oil by the end of 2017 and thinks "OPEC is dead." And finally, Chicago Booth Professor and Clinton Advisor Austan Goolsbee says 25% chance of recession by late 2017.See omnystudio.com/listener for privacy information.
Surveillance: Fed's Fischer Says Negative Rates Seem to Work
Federal Reserve Vice Chairman Stanley Fischer says negative interest rates seem to be working in other countries, while reinforcing that they aren’t on the table in the U.S. Adam Posen, president of the Peterson Institute for International Economics, reacts to Fischer's interview.See omnystudio.com/listener for privacy information.
Surveillance: Taylor Rule Author: Fed Should Already Have Moved
Did the Fed blow it? Stanford University economist John Taylor says Federal Reserve policymakers erred by failing raise interest rates so far this year and the policy is “confusing people.” Also, Peter Hooper, chief economist at Deutsche Bank, says a stronger dollar will slow the pace of Fed hikes. And finally, Ira Jersey, a senior client portfolio manager at OppenheimerFunds, says a flatter yield curve this time around isn't a recession indicator.See omnystudio.com/listener for privacy information.
Surveillance: The Fed Presidents Speak at Jackson Hole
St. Louis Fed President James Bullard says the central bank is close to its goals; Dallas Fed President Robert Kaplan says the path of Fed rate hikes going forward will be flatter; Atlanta Fed President Dennis Lockhart says he can see two rate hikes this year; NYU's Brad Hintz says negative rates are crushing bank balance sheets; Columbia Business School Dean Glenn Hubbard and Barclays' Michael Pond discuss the Fed's policy toolbox.See omnystudio.com/listener for privacy information.
Surveillance: Jackson Hole Host Says Raise Rates
Kansas City Fed President Esther George: "Time is right" for a near-term rate hike; Howard Ward, GAMCO chief investment officer, says we're running up against the law of diminishing returns when it comes to monetary policy; and Wendy Schiller, Brown University political science professor says Donald Trump is doing us a favor by exposing a lot of flaws in our nomination system.See omnystudio.com/listener for privacy information.
Surveillance: Trump Will Cut Taxes for Everyone
David Malpass, Donald Trump Economic Advisor, says Trump will cut taxes for everyone; Dominic Konstam, Deutsche Bank Global Head of Rates Research, "stunned" by poor productivity numbers; David Kotok, Cumberland Advisors Chairman, previews Jackson Hole; and Doug Duncan, Fannie Mae Chief Economist, discusses the housing market.See omnystudio.com/listener for privacy information.
Surveillance: America's Millions of Uncountable Unemployed
Jim Glassman, senior economist at JPMorgan Securities, says the U.S. unemployment rate may be 6.47 percent; Michael Pond, head of inflation market strategy at Barclays Global, speaks about the distinction between inflation expectations and inflation compensation; and Danny Blanchflower, a former BOE policymaker, says it could take up to six months to understand Brexit's impact on the U.K. economy.See omnystudio.com/listener for privacy information.
Surveillance: Davies, Herro, El-Erian
Tom Keene and Francine Lacqua, filling in for Michael McKee, bring you the best in economics, finance, investment and international relations. Today in Surveillance, they discuss monetary policy with RBS' Howard Davies; banks with Harris Associates' David Herro; and central banks with Allianz's Mohamed El-Erian.See omnystudio.com/listener for privacy information.
Surveillance: Levitt, Meyer, Newport, Darda
Tom Keene and Michael McKee bring you the best in economics, finance, investment and international relations. Today in Surveillance, they discuss profit margins with OppenheimerFunds' Brian Levitt; the Fed with Bank of America Merrill Lynch's Michelle Meyer; election polls with Gallup's Frank Newport; and fed rates with MKM Holding's Michael Darda.See omnystudio.com/listener for privacy information.
Surveillance: Stiglitz, Valliere, Zentner, Ross
Tom Keene and Michael McKee bring you the best in economics, finance, investment and international relations. Today in Surveillance, they discuss his book, "The Euro: How a Common Currency Threatens the Future of Europe," with Columbia University's Joe Stiglitz; Donald Trump with Horizon Investments' Greg Valliere; the Fed with Morgan Stanley's Ellen Zentner; and Brexit's effect on scotch whisky with Edrington CEO, Paul Ross.See omnystudio.com/listener for privacy information.
Surveillance: Trennert, Maher, Peters
Tom Keene and Michael McKee bring you the best in economics, finance, investment and international relations. Today in Surveillance, they discuss the anniversary of the financial crisis with Strategas Research Partners' Jason Trennert; the dollar with HSBC's Daragh Maher; and inflation with Prudential's Greg Peters.See omnystudio.com/listener for privacy information.
Surveillance: Curnutt, Foley, Duncan, Hegarty
Tom Keene and Michael McKee bring you the best in economics, finance, investment and international relations. Today in Surveillance, they discuss the state of the market with Macro Risk Advisors' Dean Curnutt; the Yen with Rabobank's Jane Foley; housing with Fannie Mae's Doug Duncan; and economic data with BlackRock's Martin Hegarty.See omnystudio.com/listener for privacy information.
Surveillance: Weinberg, Crescenzi, Dickerson
Tom Keene and Michael McKee bring you the best in economics, finance, investment and international relations. Today in Surveillance, they discuss gold with High Frequency Economics' Carl Weinberg; the Fed minutes with PIMCO's Tony Crescenzi; and his book, "Whistlestop: My Favorite Stories from Presidential Campaign History," with CBS News' John Dickerson.See omnystudio.com/listener for privacy information.