Markets React to Tariffs and Labor Concerns

Markets React to Tariffs and Labor Concerns

Watch Tom and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.
Bloomberg Surveillance hosted by Tom Keene & Paul SweeneyAugust 7th, 2025
Featuring:
1) Kelsey Berro, Executive Director: Fixed Income at JP Morgan Investment Management, joins to discuss fixed income markets and portfolio positioning as she asses Fed rate cuts and eco fundamentals. Three Fed policymakers voiced concerns about the US labor market Wednesday with remarks that pointed to a potential interest-rate cut in September. Fed San Francisco President Mary Daly said policymakers will probably need to adjust interest rates in “coming months” to prevent a further deterioration in hiring.
2) John Stoltzfus, Chief Investment Strategist at Oppenheimer & Co., discusses his bullish S&P stance and whether it could change amid policy uncertainty. Stocks gained in early trading after the Kremlin confirmed Presidents Vladimir Putin and Donald Trump will meet for summit talks, raising hopes of a truce in Russia’s war with Ukraine.
3) Mark Dowding, CIO at RBC BlueBay Asset Management, talks about how tariff rates could weigh on the global economy, risk appetite, and the US labor market. Market sentiment got a boost earlier after President Trump announced that companies producing goods in the US, such as Apple Inc., would be eligible for exemptions from his proposed 100% tariff on chip imports. Increasing speculation on a Federal Reserve interest-rate cut are also supporting optimism in stocks as sweeping new tariffs to reshape global trade officially took hold Thursday.
4) Joe Carson, former Chief Economist at AlllianceBernstein and publisher of The Carson Report, talks about the dismissal of the BLS chief and what it means for broader US economic policy and outlook.
5) Lisa Mateo joins with the latest headlines in newspapers across the US, including a New York Times story on how President Trump is weighing getting involved in NYC Mayors race to try to stop Zohran Mandani and a WSJ report on college kids using Google calendar for all sorts of things.

See omnystudio.com/listener for privacy information.

Episoder(4374)

Wraith: sterling's slide can have benefits

Wraith: sterling's slide can have benefits

UBS Head of UK Rates Strategy John Wraith says that the pound's fall has benefits to the UK, so long as the currency is stable. He joins Tom Keene and Michael McKee on Bloomberg Surveillance.See omnys...

25 Feb 201612min

8am-9am ET: Wraith & Behravesh

8am-9am ET: Wraith & Behravesh

UBS Head of UK Rates Strategy John Wraith discusses how the pound is plagued by 'Brexit'. And IHS Chief Economist Nariman Behravesh looks at linkages between oil prices and consumer spending. All this...

25 Feb 201642min

Corr: oil producing countries in market share battle

Corr: oil producing countries in market share battle

Corr Analytics' Anders Corr says oil producing countries are in a market share battle. He also discusses how the U.S. presidential election is affecting overseas markets. He speaks on Bloomberg Survei...

24 Feb 201611min

Hardman: pound volatility will increase

Hardman: pound volatility will increase

Bank of Tokyo-Mitsubishi UFJ's Lee Hardman says that there will be even bigger swings in sterling, as we count down to the 'Brexit' vote. He joins Tom Keene and Michael McKee on Bloomberg Surveillance...

24 Feb 201611min

Weidmann: central bank measures must not be counterproductive

Weidmann: central bank measures must not be counterproductive

Germany's central bank chief Jens Weidmann says that some instruments in the toolbox are more problematic than others. He speaks to Hans Nichols, on Bloomberg Surveillance with Tom Keene and Michael M...

24 Feb 201611min

Slok: this is not a credit crunch

Slok: this is not a credit crunch

Deutsche Bank's Torsten Slok says that most sources of credit continue to flow, even though one source is in trouble. He joins Tom Keene and Michael McKee on Bloomberg Surveillance.See omnystudio.com/...

24 Feb 20168min

8am-9am ET: Rattner, Slok, Weidmann & Hardman

8am-9am ET: Rattner, Slok, Weidmann & Hardman

Willett Advisors Chairman Steve Rattner says there's a lot of fear in the investment community. Deutsche Bank's Torsten Slok asks: where is the credit crunch? Germany's central bank chief Jens Weidman...

24 Feb 201642min

Swonk: U.S. consumer getting stronger

Swonk: U.S. consumer getting stronger

DS Economics Founder Diane Swonk says the American consumer is healthier than earlier in the cycle, thanks to solid employment gains and accelerating wages.See omnystudio.com/listener for privacy info...

24 Feb 201611min

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