The economy and the markets are "under surveillance" as we cover the latest in finance, economics and investment. Listen to Jonathan Ferro, Lisa Abramowicz and ...
- Nouriel Roubini, NYU Professor Emeritus and Senior Advisor at Hudson Bay Capital- Seema Shah, Chief Global Strategist at Principal Asset Management- Jeetendra Patel, Chief Product Officer at Cisco- Kate Moore, CIO: Citi Wealth NYU Professor Emeritus and Hudson Bay Capital's Nouriel Roubini discusses risks to the US economy and potential for stagflation amid incoming tariffs on April 2. Seema Shah of Principal Asset Management talks about portfolio positioning as the S&P looks to snap its weekly losing streak. Cisco's Chief Product Officer Jeetendra Patel talks about the impact of artificial intelligence on the broader US labor market and how Cisco is addressing those challenges in its own operations. Kate Moore, CIO at Citi Wealth, discusses her new role and how she's investing amid market volatility and policy uncertainty.See omnystudio.com/listener for privacy information.
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33:35
Uncertainty Weighs on Markets as Trump Looks to Dismantle the Education Department
Watch Tom and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.Bloomberg Surveillance hosted by Tom Keene & Paul SweeneyMarch 21st, 2025Featuring:1) Karen Manna, Investment Director, Fixed Income at Federated Hermes, on market headline risks versus what's actually driving trading activity. Global stocks fell due to downbeat corporate earnings and concerns over a potential US trade war. 2) Rema Serafi, Vice Chair - Tax at KPMG, on the "Tax Trifecta" and the upcoming GOP tax legislation. Earlier this year, President Trump outlined his tax priorities in a meeting with Republican lawmakers, including ending the carried interest tax break and expanding the state and local tax deduction. Republicans are aiming to pass a sweeping tax bill this year, which would include renewing Trump's 2017 tax cut law and implementing new tax cuts, with details of a deal expected to be announced as soon as Friday.3) Alisa Rusanoff, CEO at Stealth Startup and Head of Credit at Crescendo Asset Management, talks supply chain and trade gaps amid growing threats of tariffs. Investors are facing an uncertain outlook for the global economy, with President Trump planning to impose tariffs on April 2.4) Jennifer Lawless, professor at University of Virginia, discusses the latest DC headlines, including reports on Elon Musk accessing China war secrets and the president looking to dismantle the Department of Education. President Trump signed an executive order to largely dismantle the Education Department, directing Education Secretary Linda McMahon to "take all necessary steps to facilitate the closure" of the department.5) Cathy Hepworth, Portfolio Manager at PGIM Fixed Income, brings us into the market open and discusses emerging market opportunities amid uncertainty around US economic policy. While the Federal Reserve indicated this week it sees room to cut interest rates, many economists fret the inflationary impact of tariffs will hinder central banks from delivering support to slowing economies.See omnystudio.com/listener for privacy information.
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Single Best Idea with Tom Keene: Jay Bryson & David Rosenberg
Tom Keene breaks down the Single Best Idea from the latest edition of Bloomberg Surveillance Radio. In this episode, we feature conversations with Jay Bryson & David Rosenberg. Watch Tom and Paul LIVE every day on YouTube: http://bit.ly/3vTiACFSee omnystudio.com/listener for privacy information.
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4:32
Bloomberg Surveillance TV: March 20, 2025
- Iain Stealey, CIO: Fixed Income at JPMorgan Asset Management- Mike Pyle, Deputy Head: Portfolio Management Group at BlackRock- Brooke Roach, Analyst at Goldman Sachs- Luke Tilley, Chief Economist Wilmington Trust Iain Stealey, CIO: Fixed Income at JPMorgan Asset Management reacts to Fed Chair Jerome Powell's press conference after the Federal Reserve's rate decision yesterday, and discusses the path forward amid tariff policy uncertainty. Mike Pyle with BlackRock talks about portfolio positioning following the Fed's decision to hold rates at their current level. Brooke Roach of Goldman Sachs discusses Nike earnings and the outlook for the company and consumers. Luke Tilley, Chief Economist Wilmington Trust, reacts to jobless claims and talks about recent eco data and what it says about the US economy.See omnystudio.com/listener for privacy information.
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26:46
Fed's Lays Out Path Forward amid Uncertain Trump Policies
Watch Tom and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.Bloomberg Surveillance hosted by Tom Keene & Paul SweeneyMarch 20th, 2025Featuring:1) Julian Emanuel, Chief Equity and Quantitative Strategist at Evercore ISI, offers his reaction to the Fed meeting yesterday and discusses why he thinks it was Jay Powell's finest performance. Powell downplayed growth concerns and the impact of President Trump's trade war on inflation, calling the inflationary effect of tariffs "transitory". Powell's comments, along with median forecasts showing two rate cuts this year.2) Chris Mancini, Portfolio Manager at the Gabelli Gold Fund, discusses gold hitting record highs and where it's positioned to go from here. Gold reached a record high above $3,057 an ounce due to projections of slower US growth and higher inflation this year from the Federal Reserve. The Fed kept interest rates unchanged, with Chair Jay Powell acknowledging uncertainty from President Trump's policy changes and predicting a "transitory" tariff-driven bump in inflation.3) Monica Guerra, Head: US Policy at Morgan Stanley Wealth Management, discusses how investors should understand tariff policies in the Trump administration. Trump's team is preparing to announce a fresh wave of tariffs on April 2, though the exact scope isn't clear. Trump has sent mixed messages on the Fed, at times calling for cuts and otherwise declining to intervene, and has questioned the Fed's independence.4) Daniel Kurtz-Phelan, editor of Foreign Affairs, on what FA is mostly focused on as World Order gets reshaped, including coverage of the war in Ukraine and Trump's imperialistic threats. Canada has floated doing major defense deals with Europe and improving the continent’s access to its critical minerals in response to President Trump’s threats and his pullback from US defense commitments.5) Lisa Mateo joins with the latest headlines in newspapers across the US, including Disney's new Snow White movie and Air France capitalizing on wealthy tourists.See omnystudio.com/listener for privacy information.
The economy and the markets are "under surveillance" as we cover the latest in finance, economics and investment. Listen to Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern for the top interviews from Bloomberg Surveillance Television. And join Tom Keene and Paul Sweeney for the best conversations from Bloomberg Surveillance Radio. Watch Surveillance TV LIVE each mornings: http://bit.ly/3P7nstQ. Watch Surveillance Radio LIVE weekday mornings: http://bit.ly/3vTiACF.
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