Bloomberg Surveillance

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.

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 longe...

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 prospe...

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...

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,...

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...

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.

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.

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...

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 d...

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 foun...

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, s...

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.

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(Correc...

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 omnystu...

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 priva...

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.

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.

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.

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 omnystu...

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.

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.

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.

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 ultimat...

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.