Bloomberg Surveillance

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.

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.

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.

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.

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...

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 Po...

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/l...

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.

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....

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.

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 informati...

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 w...

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.

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.

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 in...

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 the new issue of Foreign Affairs Magazine with Gideon Rose; productivity with Morgan Stanley's Ted Wieseman; retail sales with Telsey Advisory Group's Dana Telsey and Robert Burke & Associates' Robert Burke; and oil w...

Tom Keene and Barry Ritholtz, filling in for Michael McKee, bring you the best in economics, finance, investment and international relations. Today in Surveillance, they discuss helicopter money with Berenberg's Holger Schmieding and UBS Limited's Themos Fiotakis; investing with Seabreeze Partners' Doug Kass; mathematics and retail with Bloomberg View's Barry Ritholtz; and buy & hold investing...

Tom Keene and Barry Ritholtz, filling in for Michael McKee, bring you the best in economics, finance, investment and international relations. Today in Surveillance, they discuss equities and the Fed with Wells Fargo's Gina Martin Adams; Disney with BTIG's Richard Greenfield; economics with the Center on Budget & Policy's Jared Bernstein; and Japanese Emperor Akihito with the Council on Foreign...

Tom Keene and Barry Ritholtz, filling in for Michael McKee, bring you the best in economics, finance, investment and international relations. Today in Surveillance, they discuss equities with Morgan Stanley's Adam Parker; investing with Bloomberg's Barry Ritholtz; and equities with Gartman Letter's Dennis Gartman. See omnystudio.com/listener for privacy information.

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 fiscal policy with Bank of America Merrill Lynch's David Woo; Italian banks with University of Chicago Booth School of Business' Luigi Zingales; and the Fed with Amherst Pierpont's Robert Sinche. See omnystudio.com/listen...

Tom Keene and Michael McKee bring you the best in economics, finance, investment and international relations. Today in Surveillance, they discuss jobs and the economy with Princeton University's Alan Krueger, Goldman Sachs' Abby Joseph Cohen, JPMorgan's Jim Glassman and Janus Capital's Bill Gross. See omnystudio.com/listener for privacy information.

Tom Keene and Michael McKee bring you the best in economics, finance, investment and international relations. Today in Surveillance, they discuss the Bank of England with Fitch Ratings' Brian Coulton. See omnystudio.com/listener for privacy information.

Tom Keene, Michael McKee and David Gura bring you the best in economics, finance, investment and international relations. Today in Surveillance, they discuss jobs with Cumberland's Robert Eisenbeis; the Bank of England decision with the Peterson Institute's Adam Posen; and the UK's economic outlook with Manulife Asset Management's Megan Greene. See omnystudio.com/listener for privacy information.

Tom Keene and Michael McKee bring you the best in economics, finance, investment and international relations. Today in Surveillance, they discuss banking and investment with Ellevest CEO, Sallie Krawcheck; equities with Weeden & Co.'s Michael Purves; oil with Schork Group's Stephen Schork; and fiscal policy with Qorvis MSL Group's Stan Collender. See omnystudio.com/listener for privacy informa...

Tom Keene and Michael McKee bring you the best in economics, finance, investment and international relations. Today in Surveillance, they discuss the race for the White House and global events with the Council of Foreign Relations' Richard Haass; the latest economic data with Diane Swonk & Associates' Diane Swonk; and equities with Deutsche Bank's Rocky Fishman. See omnystudio.com/listener for...