Bloomberg Surveillance

The podcast featured Torsten Slok, Apollo Global Management Chief Economist, discussing the Fed stepping harder on the brakes. Earl Davis, BMO Asset Management Head of Fixed Income & Money Markets, doesn't expect any Fed hikes next year. Pierre Ferragu, New Street Research Head of Global Technology Infrastructure, highlights China's dependence on Apple. Steven Major, HSBC Global Head Of Fixed Income Research, predicts sideways yields. Anna Ashton, Eurasia Group Director China Corporate Affairs and US-China, discusses the systemic China slowdown.

Amoroso suggests buying the AI dip. Roth discusses the cooling of the labor market. Nathanson talks about the Disney, Charter Communications standoff. Haque says oil at $90 a barrel is significant. Tannebaum says the US is still calibrating how to respond to China.

Lori Calvasina predicts a sluggish economy while Nela Richardson discusses the complexity of the Fed's job. Kevin Book believes there is room for oil to run, and Alan Ruskin anticipates a weaker dollar with a Fed cut. David Lebovitz expects airlines to raise prices. Topics include the impact of rising jet fuel prices, the state of the labor market, the stability of the dollar, and the uncertainty of economic forecasts.

The podcast features Neil Dutta discussing the Fed's signaling rate cuts in 2024. Katy Kaminski talks about higher yields. Wendy Schiller discusses the Wall Street Journal presidential poll. David Rubenstein talks about his interview with Jeremy Grantham for Bloomberg Wealth.

Julie Su, US Acting Labor Secretary gives the Biden Administrations reaction to the August payrolls report. Randall Kroszner says we're seeing the kind of goldilocks scenario the Fed wants. Jeff Rosenberg says the main message from the August jobs report is that the labor market is normalizing. Sarah Hunt says the August jobs data was what the Fed was looking for.

Citi Chief US Economist expects the Fed to pause in September. Oppenheimer Asset Management Chief Investment Strategist predicts S&P to finish the year at 4,900. Newedge Wealth Chief Investment Officer sees no evidence of an imminent recession. UBS's record breaking profit is discussed. Red Bull Racing F1 Driver looks ahead to the Monza Grand Prix.

Ian Lyngen, BMO Capital Markets Head of US Rates Strategy, believes the 10-year treasury is a 'screaming buy.' Other topics discussed include the US avoiding recession, China's current trouble, and the balanced state of the US. Also explored are the impact of supply chain shifts, adapting to high interest rates and low default rates in the high yield market, and the potential effects of interest rates on companies and economic growth.

Barry Eichengreen, UC Berkeley economist, discusses his research on ballooning government debt at Jackson Hole, exploring living in a world with more debt, the challenges of reducing government debt in the US, the role of US assets in the global financial system, the role of banks in US debt, implications of high government debt for fiscal authorities, risks of higher inflation, and the importance of bonds in the financial system.

Chris Verrone, Strategas Partner & Head of Technical & Macro Strategy, discusses the challenges of a short dollar call. Wells Fargo Chief Economist talks about the high bar for a September rate hike. UBS US Homebuilders & Building Products Equity Research Analyst highlights labor as the biggest headwind for US homebuilders. Morgan Stanley Investment Management Managing Director expects a strong fourth quarter. Jefferies Senior Equity Research Analyst discusses post-summer state of airline travel.

Stanford University finance professor Darrell Duffie discusses ways to improve the buying and selling of US Treasuries, including the need for an optimal market structure, the role of the Federal Reserve in stabilizing the market, and the potential risks and benefits of central clearing