Bloomberg Surveillance

Gargi Chaudhuri, BlackRock Head of iShares Investment Strategy Americas, expects CPI data to be stronger than what is priced in to markets. Mark Cabana, Bank of America Head of Rates Strategy, says the Fed is not too happy about the shape of the yield curve. Glenn Hubbard, Columbia Professor of Economics & Former Chairman of the Council of Economic Advisers, says the labor market is in great s...

Bill Dudley, Bloomberg Opinion Columnist and Former New York Fed President, expects a few more surprises from the next Fed meeting. Steve Major, HSBC Global Head of Fixed Income Research, says it's really difficult to believe that rates are going to get anywhere near the levels reached in the last cycle. Dean Curnutt, Macro Risk Advisors Founder & CEO, is seeing signs of chaos in the risk-free...

Tony Crescenzi, PIMCO Market Strategist, says the Fed won't give up it's hard-won credibility. Liz Ann Sonders, Charles Schwab Chief Investment Strategist, says markets have wrung out complacency, Ed Yardeni, Yardeni Research President, says productivity is making a huge comeback. Dr. Amesh Adalja, Johns Hopkins Center for Health Security Senior Scholar, discusses the Covid-19 omicron variant and...

Robert Tipp, PGIM Fixed Income Chief Investment Strategist, says the Fed has already shot all of its bullets. Sara House, Wells Fargo Corporate & Investment Banking Senior Economist, expects to see 7% CPI in the first quarter. Bill Lee, Milken Chief Economist, says President Xi has only gotten more powerful in China. Amrita Sen, Energy Aspects Founder & Research Director, says she wouldn't...

Marty Walsh, U.S. Secretary of Labor, says he feels good about where the U.S. economy is headed. Jeff Rosenberg, BlackRock Systematic Multi-Strategy Fund Portfolio Manager, discusses how the November jobs report could impact Fed policy. Tiffany Wilding, PIMCO Chief U.S. Economist, says the post-pandemic labor market could look very different from the pre-pandemic one. Andrew Pekosz, Johns Hopkins...

Christyan Malek, JPMorgan EMEA Oil & Gas Research Head, says shale is in a straitjacket right now. Russ Koesterich, BlackRock Global Allocation Fund Portfolio Manager, says sectors are going to matter in the new year. Helane Becker, Cowen Senior Research Analyst, warns that there may be some airlines that won't be able to survive if the U.S. implements travel curbs similar to Europe. Mike Dard...

This episode of Chief Future Officer focuses on Marriott International CFO Leeny Oberg. Shery Ahn explores how she's helping the world's largest hotel chain through a challenging period for the hospitality industry, facing labor shortages, changing customer expectations, and a sharp falloff in business travel due to the Covid-19 pandemic. See omnystudio.com/listener for privacy information.

Marilyn Watson, BlackRock Head of the Global Fundamental Fixed Income Strategy, sees a potential buying opportunity in the credit market. Bob Michele, JPMorgan Asset Management CIO & Head of Global Fixed Income, Currency & Commodities, advises selling government bonds and buying credit. Laurence Boone, OECD Chief Economist, says there is no doubt that the omicron variant is adding to globa...

Howard Ward, Gabelli Funds CIO of Growth Equities, says it is too early to say whether the omicron variant is a market gamechanger. Victoria Fernandez, Crossmark Global Investments Chief Market Strategist, expects inflation to fall to 3% despite the risk from the omicron variant. Lauren Sauer, Nebraska Medical Center Associate Professor and Special Pathogens Research Network Director, says we coul...

Peter Hotez, Baylor College Baylor College Dean of the National School Of Tropical Medicine, says travel bans from southern Africa is a policy failure. Elsa Lignos, RBC Global Head of FX Strategy, says currency market is in “wait-and-see mode” on the omicron variant. Andrew Slimmon, Morgan Stanley Investment Management Senior Portfolio Manager, says 2022 is going to be a tougher year to make money...

Dr. Andy Pekosz, Johns Hopkins University Bloomberg School of Public Health Professor and Virologist, says now is the time to be proactive to prevent again the new Covid variant and other virus risks. Amrita Sen, Energy Aspects Founder and Director of Research, says the oil market has had a huge overreaction to the new Covid variant. David Riley, BlueBay Asset Management Chief Investment Strategis...

Marvin Loh, State Street Global Markets Global Macro Strategist, says today's data confirms that the U.S. Economy is moving in the right direction. Mike Wilson, Morgan Stanley Chief U.S. Equity Strategist, there is a possibility that demand could curtain as supply picks up next year. Amy Wu Silverman, RBC Capital Markets Equity Derivatives Strategist, says the options market has finally woken up....

Anastasia Amoroso, iCapital Network Chief Investment Strategist, says the damage to the Turkish Lira has been self-inflicted. Mark McCormick, TD Securities Global Head of FX Strategy, says the market has completely lost confidence in Turkey. Michael Feroli, JPMorgan Chief U.S. Economist says the U.S. labor market looks pretty healthy and is getting back to normal. Wendy Schiller, Brown University...

President Joe Biden selects Jerome Powell for a second four-year term as U.S. Federal Reserve chair and elevates Governor Lael Brainard to vice chair. A special edition of Bloomberg Surveillance gets the reaction from Kathy Jones, Charles Schwab Chief Fixed Income Strategist; Alan Blinder, Former Federal Reserve Vice Chair; Bob Michele, JPMorgan Investment Management CIO; Priya Misra, TD Securitie...

Nadia Lovell, UBS Global Wealth Management Senior US Equity Strategist, predicts the S&P 500 Index will reach 5,000 by June of 2022. Jim O'Sullivan, TD Securities Chief US Macro Strategist, expects growth momentum to be down over the next year. Andrew Pekosz, Johns Hopkins Bloomberg School of Public Health Professor & Virologist, discusses the FDA's authorization of Pfizer and Moderna boos...

Subadra Rajappa, Societe Generale Head of U.S. Rates Strategy, still expects a strong growth trajectory over the next several years. Megan Greene, Harvard Kennedy School Senior Fellow, says Turkey is the canary in the EM coalmine. Seth Carpenter, Morgan Stanley Chief Global Economist, expects inflation to peak at start of 2022. Stephen Stanley, Amherst Pierpont Chief Economist, says it's going to...

David Rubenstein, The Carlyle Group Co-Founder & Co-Executive Chairman, discusses how he expects SEC Chair Gary Gensler to deal with crypto regulation. Jordan Rochester, Nomura G10 FX Strategist, don't see any reason why the dollar should weaken from here. Ben Laidler, eToro Global Markets Strategist, says the Santa rally came early this year. Sarah House, Wells Fargo Senior Economist, doesn't...

James Bullard, Federal Reserve Bank of St. Louis Fed President, says the central bank should speed up its reduction of monetary stimulus in response to a surge in U.S. inflation. Priya Misra, TD Securities Head of Global Rates Strategy, says the FOMC is just as split as the market. Andrew Sheets, Morgan Stanley Chief Cross Asset Strategist, explains why they remains cautious on the year ahead. Dan...

Bill Dudley, Former New York Federal Reserve Bank President and Bloomberg Opinion Columnist, and Jeffrey Lacker, Former Richmond Federal Reserve President, both could see the Fed raising its target for the federal funds rate to 3% or above. Lori Calvasina, RBC Capital Markets Head of U.S. Equity Strategy, says stocks are the only game in town right now. Mona Mahajan, Edward Jones Senior Investment...

Christian Mueller-Glissmann, Goldman Sachs Managing Director of Portfolio Strategy & Asset Allocation, says cash looks better than bonds in upcoming cycle. Jean Boivin, BlackRock Investment Institute Head, says a muted market response to inflation will keep real rates “very low for a sustained amount of time.” Seema Shah, Principal Global Investors Senior Global Investment Strategist, says eme...

Leon Cooperman, Omega Family Office Chairman & CEO, says we should focus on tax loopholes rather than new forms of taxation. Mandy Xu, Credit Suisse Equity Derivatives Strategy, says skew is askew right now. Chris Marangi, Gabelli Funds Co-Chief Investment Officer, says there's no way to make things inflation-proof. Julia Coronado, Macropolicy Perspectives President & Founder, says we're s...

Neil Dutta, Renaissance Macro Research Head of Economics, reacts to the acceleration in consumer prices. Jean-Yves Fillion, BNP Paribas USA CEO, plans to have 60% of staff back in the company's midtown Manhattan office early next year. Scott Kirby, United Airlines CEO, feels confident about adequate staffing during the holidays. David Rubenstein, Carlyle Group Co-Chairman and Co-Founder and Host o...

Hertz Interim CEO Mark Fields, Certares Founder Greg O’Hara, Knighthead Co-Founder Tom Wagner & Superbowl Champion Tom Brady, discuss Hertz's upsized listing on the Nasdaq. Marriott International CEO Anthony Capuano, says they are optimistic about the future of tourism and travel. Claudia Sahm, Bloomberg Opinion Columnist, Jain Family Institute Senior Fellow and Former Federal Reserve Economis...

Willliam Lee, Milken Institute Chief Economist, says China is being hit by a confluence of domestic and global factors. George Saravelos, Deutsche Bank Global Head of FX Research, says crypto is a symptom of extra savings. John Stoltzfus, Oppenheimer Asset Management Chief Investment Strategist, says the direction of markets looks up from here. Wendy Schiller, Brown University Taubman Center for A...

Marty Walsh, U.S. Labor Secretary, reacts to the U.S. jobs numbers. Jennifer Granholm, U.S. Energy Secretary, says President Biden is looking at a potential release from the Strategic Petroleum Reserve after OPEC+ rejected a request for a larger output increase. Andrew Pekosz, Johns Hopkins Bloomberg School of Public Health Professor & Virologist, discusses Pfizer's Covid-19 pill that reduced...