Bloomberg Surveillance TV: August 12th, 2025

Watch Tom and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.Bloomberg Surveillance hosted by Tom Keene & Paul SweeneyApril 29th, 2025Featuring:1) Russ Koesterich, Global Head of Investment Strategy for BlackRock Scientific Active Equities, joins for a discussion on near term volatility in stocks and whether the bull run in international stocks is set to slow. Investors are tracking a stream of data for clues on the health of the American economy and prospects for Federal Reserve interest-rate cuts, with some experts warning of the risk of recession in the US. Tariffs continued to dominate headlines, with Treasury Secretary Scott Bessent saying the US has put China to the side for now as it seeks trade deals with 15 to 17 other countries.2) Elizabeth Economy, Hargrove senior fellow and co-director of the U.S., China and the world program at the Hoover Institution at Stanford University, joins for a discussion on US-China relations and who has the upper hand in a trade war. Chinese Foreign Minister Wang Yi warned countries against giving in to US tariff threats, saying it would only embolden the "bully". Wang's remarks came as the Trump administration hinted at using new trade tools to pressure Beijing, and US Treasury Secretary Scott Bessent suggested banning certain exports to China to gain leverage.3) Ethan Harris, former Head of Research at Bank of America, talks about a potential golden age for the US economy and what a post-Powell Federal Reserve would look like. Currently, Fed Chair Jay Powell is trying to prevent price increases from spreading through the economy due to Donald Trump's tariffs, earning him the nickname "Mr. Too Late" from the president. The Fed is expected to leave rates unchanged at their next meeting, and Powell has emphasized the need to keep longer-term inflation expectations anchored to prevent a one-time price increase from becoming an ongoing inflation problem.4) Dr. David Dodge, former Governor of the Central Bank of Canada, joins to discuss Mark Carney's victory in the Canadian election. Canada's Liberal Party, led by Carney, is projected to win a fourth consecutive election, but with a narrow margin of victory. Carney's win represents a major turnaround for the Liberals, and he has pledged to focus on strengthening Canada's economic independence and standing up to US President Trump in a trade war.5) Lisa Mateo joins with the latest headlines in newspapers across the US, including Fortune's story on a harsh new reality when it comes to groceries and inflation and Business Insider's look at how a Chinese mobile dating game is getting single women across Asia to open their hearts and wallets.See omnystudio.com/listener for privacy information.

29 Apr 41min

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

28 Apr 4min

- Neil Dutta, Head: US Economic Research at Renaissance Macro- Kelly Ann Shaw, Partner at Hogan Lovells US- Abigail Yoder, Strategist: US Equity at JPMorgan- Amanda Lynam, Head: Macro Credit Research at BlackRock Neil Dutta, Head: US Economic Research at Renaissance Macro, joins to discuss whether he's becoming more bullish on the US economy or whether he believes data indicates an incoming slowdown. Kelly Ann Shaw, Partner at Hogan Lovells US, discusses the latest on President Trump's trade negotiations and what potential trade deals could look like at this stage. Abigail Yoder, Strategist: US Equity at JPMorgan, looks ahead to this week's earnings and whether they could provide a boon for equities. Amanda Lynam, Head: Macro Credit Research at BlackRock, discusses spreads in corporate bonds and what the bond market is indicating about the US economic backdrop.See omnystudio.com/listener for privacy information.

28 Apr 31min

Watch Tom and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.Bloomberg Surveillance hosted by Tom Keene & Paul SweeneyApril 28th, 2025Featuring:1) Robert Kaplan, Vice Chairman at Goldman Sachs and former Dallas Fed president, joins for a discussion about structural changes in the US economy, the incoming Fed decision and jobs day, and Fed independence. Sources say Federal Reserve Chair Jay Powell recently delivered an impassioned defense of central bank independence when he addressed policymakers and finance ministers during a meeting at the International Monetary Fund, which reportedly drew applause.2) Stephanie Roth, Chief Economist at Wolfe Research, talks about Wolfe's lower-than-consensus NFP call for this week and her expectations for China tariffs. In addition to eco data and trade deals, key company reports this week will be scrutinized for the earnings impact of US trade policies, and fresh readings on the American economy may support hopes of earlier-than-expected Federal Reserve interest-rate cuts.3) Henrietta Treyz, co-founder at Veda Partners, joins for a discussion on how Trump's recent poor polling could make his priorities harder to implement, and why Republicans passing their signature tax bill isn't a given. Voter discontent with President Trump's economic stewardship is sinking his popularity as he approaches the 100-day mark of his second term. Republicans aim to pass Trump's tax plan through a process that wouldn't require Democratic votes, but voter angst and the threat of a recession in the next year could make it challenging for Trump to get everything he wants.4) Joe Lavorgna, Chief Economist at SMBC Nikko Securities, brings us into the market open and talks about President Trump's tariff policy and whether he believes trade negotiations are on the right track. Investors are watching for signs of progress in US trade negotiations, with the Trump administration working on bilateral trade deals with 17 key partners and drafting a framework to handle negotiations with about 18 countries.5) Lisa Mateo joins with the latest headlines in newspapers across the US, including a story from the Wall Street Journal on athletes using Ozempic and Business Insider reporting on chick sales amid rising egg prices.See omnystudio.com/listener for privacy information.

28 Apr 37min

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

25 Apr 4min

- Jason Thomas, Head: Global Research & Investment Strategy at the Carlyle Group- Adewale Adeyemo, Former Deputy Secretary at the US Treasury Department- Adena Friedman, Chair and CEO of Nasdaq Inc.- Nathan Sheets, Managing Director: Citi Research We are broadcasting from Washington as the IMF Spring Meetings come to a close. Jason Thomas, Head: Global Research & Investment Strategy at the Carlyle Group, joins for a discussion on the outlook for the US equity market as trade negotiations continue. Adewale Adeyemo, Former Deputy Secretary at the US Treasury Department, discusses recent market gyrations and what the Treasury is capable of doing to help support the economy. Adena Friedman, Chair and CEO of Nasdaq, talks about recent earnings and the IPO outlook. Nathan Sheets, Managing Director: Citi Research, offers his market outlook for 2025.See omnystudio.com/listener for privacy information.

25 Apr 30min

Watch Tom and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.Bloomberg Surveillance hosted by Tom Keene & Paul SweeneyApril 25th, 2025Featuring:1) Bob Michele, CIO: Fixed Income at JPMorgan Asset Management, joins for an extended discussion on the bond market, the Fed, and outlook for markets. The dollar strengthened in early trading, while the yen and Swiss franc retreated, as investor demand for non-US haven assets waned amid signs of progress in the White House's engagement with major trading partners.2) Tim Adams, CEO for the Institute of International Finance, joins for an extended discussion on his talks with US Treasury Secretary Scott Bessent this week and conversations from the IMF. Bessent called for a course correction for the International Monetary Fund and World Bank, saying they serve "critical roles" and the Trump administration is willing to work with them.3) Meghan Graper, Global Head: Debt Capital Markets at Barclays Capital, talks about the bright side of so much uncertainty: investment grade credit. Currently, markets favor a quarter-point cut in June and a total of three such reductions by year-end, with some experts predicting slow and bumpy progress in US-China relations but possible net positive newsflow via trade deal announcements.4) Leslie Palti-Guzman, founder at Energy Vista, talks about the liquid natural gas (LNG) being used as a key strategic favor and retaliation in tariff and trade negotiations. 5) Lisa Mateo joins with the latest headlines in newspapers across the US, including a WSJ Story on why baby strollers are getting hit the hardest by China tariffs and the New York Times report on ChatGPT costs.See omnystudio.com/listener for privacy information.

25 Apr 45min

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

24 Apr 4min