Surveillance: This Is the Decade of Banking and Tech, Mayo Says

Anthony Crescenzi, PIMCO Market Strategist, says uncertainty is driving the bond market.  Rupert Harrison, Multi-Asset Strategies Portfolio Manager at BlackRock, discusses Brexit and says the European Union and Ireland have an incentive to wait things out to see what an election delivers. Mary Lovely, Peterson Institute Senior Fellow, explains why the Chinese are very wary of making a deal with President Trump right now. Brooke Sutherland, Bloomberg Opinion Columnist, says General Electric is trying to put a cap on viability spending in order to acclimate for new interest rates. Mike Mayo, Wells Fargo U.S. Large-Cap Bank Research Head, says as banks report earnings, investors should pay attention to how banks are using technology to stay efficient.

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