Single Best Idea with Tom Keene: John Stoltzfus & Jay Bryson

Tom Keene breaks down the Single Best Idea from the latest edition of Bloomberg Surveillance Radio. In this episode, we feature a conversation with Professor Richard Portes. Watch Tom and Paul LIVE every day on YouTube: http://bit.ly/3vTiACFSee omnystudio.com/listener for privacy information.

8 Mai 4min

- Nouriel Roubini, Professor Emeritus of Economics at NYU- Esther George, former President of the Federal Reserve Bank of Kansas City- Kelsey Berro, Executive Director: Fixed Income at JPMorgan Investment Management- Claudia Sahm, Chief Economist at New Century AdvisorsNouriel Roubini, Professor Emeritus of Economics at NYU, reacts to yesterday's Fed decision and explains why he believes the US economy could soon thrive. Esther George, former President of the Federal Reserve Bank of Kansas City, on Wednesday's Fed decision and whether there will be rate cuts in 2025. Kelsey Berro, Executive Director: Fixed Income at JPMorgan Investment Management, talks about the risk signals from the bond market about the US economy. Claudia Sahm, Chief Economist at New Century Advisors, reacts to yesterday's Fed decision and discusses the risks to the US labor market.See omnystudio.com/listener for privacy information.

8 Mai 25min

Watch Tom and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.Bloomberg Surveillance hosted by Tom Keene & Paul SweeneyMay 8th, 2025Featuring:1) Nouriel Roubini, Professor Emeritus of Economics at NYU and chairman of Roubini Global Economics, joins to discuss the Fed decision and a recent op-ed on why he believes the US economy will survive the Trump shock and thrive. It comes as Fed Chair Jay Powell says he won't lower borrowing costs until there's more certainty on the direction of trade policy, which will have to come from the White House.2) Ken Shinoda, Portfolio Manager at DoubleLine Capital, talks growth and inflation, signals from the bond market, and pressures in MBS market. Bond investors continue to search for clarity after Chair Powell suggested the Fed will wait for conviction on whether the next move is a cut based on the economy moving towards a recession or whether it's a move towards more restrictive policy due to high inflation becoming entrenched into the economy.3) Richard Portes, professor at London Business School, joins in studio to talk tariffs and the dollar exchange rate, risks of a financial crisis, and a potential US-UK trade deal. The announcement is expected to boost the UK economy and markets, but investors will closely examine the extent to which Trump is willing to backtrack from his sweeping tariffs imposed on April 2.4) Michael Nathanson, founding partner and Senior Research Analyst at Moffettnathanson, discusses his note on The Beginning of the End for Search in reaction to Apple's VP of Services comments. Apple is considering revamping Safari to focus on AI-powered search engines, potentially ending its longtime partnership with Google. Eddy Cue, Apple's senior vice president of services, believes AI search providers will eventually replace standard search engines like Google and that Apple will bring those options to Safari in the future.5) Lisa Mateo joins with the latest headlines in newspapers across the US, including a WSJ story on REAL ID Day and a NYT story on Agatha Christie, who died in 1976, teaching a class in AI.See omnystudio.com/listener for privacy information.

8 Mai 37min

Bloomberg's Tom Keene, Jonathan Ferro and Lisa Abramowicz discuss remarks from Fed Chair Jay Powell following the Federal Reserve's latest policy decision on a special edition of Bloomberg Surveillance. Federal Reserve Chair Jerome Powell said officials are not in a hurry to adjust interest rates, adding tariffs could lead to higher inflation and unemployment. “If the large increases in tariffs that have been announced or sustained, they’re likely to generate a rise in inflation, a slowdown in economic growth and an increase in unemployment,” Powell said Wednesday at the conclusion of a two-day meeting in Washington. “The effects on inflation could be short lived, reflecting a one time shift in the price level,” he said. But it’s “also possible that the inflationary effects could instead be more persistent.” Officials voted unanimously to keep the benchmark federal funds rate in a range of 4.25% to 4.5%, where it has been since December. In a statement, policymakers said they see a growing risk of both higher inflation and rising unemployment. “Uncertainty about the economic outlook has increased further,” the Federal Open Market Committee said in a statement. They added, “the risks of higher unemployment and higher inflation have risen.” The S&P 500 index of US stocks and Treasury yields fell following the announcement, while the dollar pared gains.See omnystudio.com/listener for privacy information.

7 Mai 28min

Tom Keene breaks down the Single Best Idea from the latest edition of Bloomberg Surveillance Radio. In this episode, we feature conversations with Mike Green & Frances Donald. Watch Tom and Paul LIVE every day on YouTube: http://bit.ly/3vTiACFSee omnystudio.com/listener for privacy information.

7 Mai 4min

- Julian Emanuel, Chief Equity & Quantitative Strategist at Evercore ISI- Priya Misra, Portfolio Manager at JPMorgan Asset Management- Keith Lerner, Co-CIO at Truist- Tom Porcelli, Chief US Economist at PGIM Fixed IncomeJulian Emanuel, Chief Equity & Quantitative Strategist at Evercore ISI, joins for a look at equities and gives his S&P 500 target as investors continue to look for clarity on trade deals. Priya Misra, Portfolio Manager at JPMorgan Asset Management, discusses signals from the bond market on the outlook for inflation and slower growth. Keith Lerner, Co-CIO at Truist, offers his outlook on equities and markets. Tom Porcelli, Chief US Economist at PGIM Fixed Income, discusses inflation, the US economy, and today's Fed meeting.See omnystudio.com/listener for privacy information.

7 Mai 35min

Watch Tom and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.Bloomberg Surveillance hosted by Tom Keene & Paul SweeneyMay 7th, 2025Featuring:1) Mike Green, Chief Strategist at Simplify Asset Management, joins for an extended discussion on the outlook for equities, what's behind the jobs report figures, the "ETF-ification" of the market, and talks about why he believes the "obsession" with inflation is overblown. US stock futures rose and the dollar gained as China and the US prepared to hold their first confirmed trade talks since President Trump unleashed his global tariff war.2) Christel Rendu de Lint, co-CEO at Vontobel Asset Management, joins to discuss the global economic outlook amid the tariff environment and favorable asset classes post-tariff announcement. With China and the US preparing for trade talks, the meeting will focus on de-escalation rather than reaching a deal, and Treasury Secretary Scott Bessent said the current tariff rates aren’t sustainable.3) Frances Donald, Chief Economist at RBC Capital Markets, on slower growth and higher prices in the US economy. The Federal Reserve’s meeting on Wednesday is next up for investors, with traders looking for clues on how soon the central bank could embark on policy easing and how deep the rate-cutting cycle might be.4) Vishal Khanduja, Head of Broad Markets Fixed Income at Morgan Stanley Investment Management, on why today's Fed meeting won't be about a rate move, but decoding the Powell puzzle. US Treasuries slipped ahead of the Federal Reserve's interest-rate decision, with investors betting on a slower pace of monetary easing due to data suggesting economic resilience. The Fed's decision and comments from Chair Jay Powell to be closely scrutinized for insight into officials' interpretation of recent data.5) Lisa Mateo joins with the latest headlines in newspapers across the US, including a WSJ story on high-schoolers with $70,000-a-year job offers and the FT's story on sandals in the workplace.Eric MolloSee omnystudio.com/listener for privacy information.

7 Mai 40min

Tom Keene breaks down the Single Best Idea from the latest edition of Bloomberg Surveillance Radio. In this episode, we feature conversations with Torsten Slok & Jeffrey Rosenberg. Watch Tom and Paul LIVE every day on YouTube: http://bit.ly/3vTiACFSee omnystudio.com/listener for privacy information.

6 Mai 4min