Bloomberg Surveillance

Jason Furman, Harvard University Aetna Professor of Economic Policy, says some states should start rethinking unemployment insurance. Alicia Levine, BNY Mellon Chief Investment Strategist, says a little bit of inflation is positive for Main Steet. Thierry Wizman, Macquarie Capital Director of Global Currencies & Interest Rate Strategist, is not positive on iron. Steve Ricchiuto, Mizuho Securit...

William Dudley, Bloomberg Opinion Columnist & Former New York Federal Reserve President, says rates will climb much higher than expected once the Fed does begin to hike. Jared Bernstein, Council of Economic Advisers Member, says having childcare in the infrastructure package is a high priority. Francisco Blanch, BofA Securities Head of Global Commodities & Derivatives Research, says copper...

Amrita Sen, Energy Aspects Director of Research & Founder, says the warfare surrounding cyber attacks on companies has completely changed. Ian Bremmer, Eurasia Group President, says the gap between rich and poor countries is being felt very differently since the pandemic hit. Jared Woodard, BofA Securities Head of Research Investment Committee, says 6-9 months from now things will probably be...

Neel Kashkari, Federal Reserve Bank of Minneapolis President, says Friday's jobs number miss validates the Fed's outcome-based policy approach. Marty Walsh, U.S. Labor Secretary, says the U.S. economy still has a steep hill to climb. Jeff Rosenberg, BlackRock Portfolio Manager of the Systematic Multi-Strategy Fund, says the longer-run trajectory for the U.S. economy is still in place despite the j...

Joseph Stiglitz, Nobel Prize Winning Economist & Columbia University Professor, says pandemic has exposed economic inequality in the U.S. David Blanchflower, Dartmouth Professor & Former Bank of England Monetary Policy Committee Member, says there is plenty of labor out there. Ash Alankar Janus Global Head of Asset Allocation & Risk Management details his proprietary research into a ba...

Leon Cooperman, Omega Family Office Chairman & CEO, says inflation is going to surprise the Federal Reserve and they will be forced to raise rates in 2022. Mary Barra, General Motors CEO, says the company is working on ensuring a secure supply chain amid the global chip shortage. Doug Kass, Seabreeze Partners Founder & President, talks about "derisking" and the sign posts he looks for as h...

Andrew Slimmon, Morgan Stanley Investment Management Senior Portfolio Manager, says Wall Street is not being optimistic enough. Seema Shah, Principal Global Investments Chief Strategist, says the market is divided on the path of inflation. Ethan Harris, BofA Securities Head of Global Economic Research, doesn't expect the U.S. employment to fully return to normal before the end of the year. Dr. Ame...

Jonathan Golub, Credit Suisse Securities Chief U.S. Equity Strategist & Head of Quantitative Research, explains why his firm raised their target for the S&P 500 to 4,600. Bruce Kasman, JPMorgan Chief Economist & Head of Global Economic Research, says the U.S. economy is in the midst of a boom and Europe is about to join it. Dana Peterson, Conference Board Chief Economist says most infl...

Glenn Hubbard, Columbia Professor of Economics & Former Chairman of the Council of Economic Advisers, says Biden's tax plan leans against investment. David Kelly, JPMorgan Asset Management Chief Global Strategist, says there is clearly inflation right now. Henrietta Treyz, Veda Partners Director of Economic Policy, expects Biden's tax bill to be slashed by half. Pierre Ferragu, New Street Rese...

David Bailin, Citi Global Wealth Chief Investment Officer & Global Head of Investments, discusses which types of companies will be able to keep up this boost of revenue post-pandemic. Torsten Slok, Apollo Global Management Chief Economist, says the economy is doing well and inflation is under control. Isaac Boltansky, Compass Point Research & Trading Director of Policy Research, says Biden...

Peter Hooper, Deutsche Bank Global Head of Economic Research and Chief Economist, says there's no way the U.S. will see less than 6 or 7% growth this year. James Bevan, CCLA Chief Investment Officer, expects the 10-year U.S. treasury yield at 2% by the end of 2021. Jonathan Lieber, Eurasia Group U.S. Managing Director, says Democrats likely have the votes for most of the things in Biden's infrastr...

Daniel Ahn, BNP Paribas Chief U.S. Economist & Head of Markets 360 North America, says recent GDP forecasts are catching up. Richard Haass, Council on Foreign Relations President & Author of The World: A Brief Introduction, says current international arrangements are coming up short. Gigi Kwik Gronvall, Johns Hopkins Center for Health Security Senior Scholar, says the virus situation in In...

Liz Ann Sonders, Charles Schwab Chief Investment Strategist, says the capital gains tax proposal expected from President Biden could cause choppiness in the markets. Sarah House, Wells Fargo Corporate Investment Bank Senior Economist, says the Biden tax plan could help stabilize the deficit. Priya Misra, TD Securities Global Head of Rates Strategy, says markets have finally heard the Fed. Dr. Davi...

Andrew Sheets, Morgan Stanley Chief Cross Asset Strategist, says this cycle looks much shorter and faster than what we're used to. Tony Dwyer, Canaccord Genuity Equity Strategist, markets are so overbought, that they may be approaching stall speed. James Athey, Aberdeen Standard Investments Senior Investment Manager, says the ECB needs to fine-tune its messaging. Frances Donald, Manulife Investmen...

Mark Carney, Former Bank of England Governor & UN Special Envoy for Climate Action and Finance, says that 2021 is a "critical year for action" on climate issues. David Rubenstein, Carlyle Group Co-Founder & Host of "Peer to Peer Conversations," discusses his interview with Federal Reserve Chair Jerome Powell. Ebrahim Rahbari, Citi Global Head of FX Analysis, says the cyclical trade still h...

Daniel Kurtz-Phelan, Foreign Affairs Magazine Editor, says the future of global trade is about the control of data and technology. Jim Caron, Morgan Stanley Investment Management Fixed Income Portfolio Manager, says strong cash flow has been key for bond traders. Ben Laidler, eToro Global Markets Strategist, says the everything rally is sustainable. Lee Ferridge, State Street Global Markets Senior...

Michael Spence, General Atlantic Senior Advisor and GSB Stanford Dean Emeritus, says there is a very powerful economic recovery underway. Dr. Ofer Levy, Boston Children's Hospital Precision Vaccine Program Director and FDA Advisory Panel Member, says we can't assume that a vaccine that is safe and effective in one age group is safe and effective for another age group. Michael Kushma, Morgan Stanle...

Mark Cabana, Bank of America Securities Head of U.S. Rates Strategy, discusses the factors driving the surprise in treasury yields as solid economic data continue to push equities higher. Stephen Stanley, Amherst Pierpont Chief Economist, says there's no real need for borrowing at this point in time. Helane Becker, Cowen Senior Research Analyst, says domestic leaisure airline travel is 90-95% back...

Gerard Cassidy, RBC Head of U.S. Bank Equity Strategy, says Goldman Sachs came out on top for this quarter's bank earnings. Tom Michaud, KBW CEO, says trends in the banking industry have been accelerated by the pandemic and expects continued consolidations and focus on fintech. Michael J. Wolf, Activate Co-Founder & CEO, says Coinbase at its current market cap will allow small investors as wel...

Ken Leon, CFRA Global Director of Equity Research, says it may be a challenge for banks to maintain their first quarter strength. Geoffrey Yu, BNY Mellon Senior Strategist, says banks will only start to lend when they believe there is sustainable inflation driven by demand. Stephen Biggar, Argus Research Director of Financial Institutions Research, expects another quarter or two of strong numbers...

Jared Bernstein, White House Council of Economic Advisers Member, says the White House can’t yet determine what sort of impact the recommended pause in the use of Johnson & Johnson’s Covid-19 vaccine would have on it’s vaccination target and economy. Dr. Peter Hotez, Baylor College of Medicine National School of Tropical Medicine Dean, says the U.S. pause of the Johnson & Johnson vaccine c...

William Dudley, Former New York Federal Reserve President, says the Fed's slowness to tighten policy will create some risks to the economy. Jacob Frenkel, Group of Thirty Chairman of the Board of Trustees, says countries can't afford to be isolationist. Jing Ulrich, JPMorgan Chase Managing Director & Vice Chairman of Asia Pacific, says Chinese authorities are tightening liquidity because the e...

Richard Clarida, Federal Reserve Vice Chairman, policy makers are looking for “hard numbers” on whether they’re reaching their goals on price stability and employment before adjusting interest rates. Kenneth Rogoff, Harvard University Professor of Economics & Public Policy, says a rise in interest rates at this point in the global pandemic recovery would “turn the world upside down.” Angus Dea...

Vitor Gaspar, IMF Fiscal Affairs Department Director, says the investment in vaccinations has a tremendous return. William Lee, Milken Institute Chief Economist, says the global economy is not ready for a U.S. locomotive. Dennis Gartman, University of Akron Endowment Chairman, is seeing a real generation shift in stock selection. Michelle Meyer, Bank of America Head of U.S. Economics, says we are...

Jim Bianco, Bianco Research President and Macro Strategist, expects rates to move higher for the next several months. Robert Albertson, Piper Sandler Chief Financials Strategist, reacts to the annual letter from JPMorgan CEO Jamie Dimon. Kristen Bitterly, Citi Private Bank Regional Head of Investments for North Americas, says holding onto cash is guaranteed to lose value. Mercedes Carnethon, North...