Bloomberg Surveillance

Alicia Levine, BNY Mellon Wealth Management Head of Equities & Capital Market Advisory, says the biggest systemic risk is that markets have already priced in the Goldilocks scenario. Michael Collins, PGIM Fixed Income Senior Portfolio Manager, is seeing a war between growth and inflation. Nicolai Tangen, Norway Sovereign Wealth Fund CEO, says he is still upbeat on big tech. Mike Darda, MKM Partners Chief Economist & Macro Strategist, doesn't think the recent easing of financial conditions means the Fed needs to be a whole lot more aggressive. David Rubenstein, Carlyle Group Co-Chairman and Co-Founder, discusses his interview with Lucid Motors Chairman Andrew Liveris. See omnystudio.com/listener for privacy information.

Richard Haass, Council on Foreign Relations President and Author, “The Bill of Obligations,” says China is increasingly turning up the level of alarm among its neighbors. Anastasia Amoroso, iCapital Chief Investment Strategist, doesn't expect the market to move materially higher from here. Brian Nagel, Oppenheimer Senior Analyst, says consumer spending is holding up quite well. Greg Daco, EY-Parthenon Chief Economist, explains why he thinks core inflation will stay persistent. See omnystudio.com/listener for privacy information.

Lisa Hornby, Schroders Head of US Multi-Sector Fixed Income, says there is actually income in fixed income for the first time in a long time. Kit Juckes, Societe General Chief FX Strategist, says there is a disconnect between the markets and the Fed's message. Bill Lee, Milken Institute Chief Economist, says it will be hard to find hard intelligence about China outside of private sources. Ellen Wald, Atlantic Council Senior Fellow, says higher oil is the new normal. See omnystudio.com/listener for privacy information.

Ron Temple, Lazard Asset Management Co-Head of Multi-Asset & Head of US Equity, says we're in the midst of inflation paradigm shift. Stephen Roach, Yale Law School Paul Tsai China Center Senior Fellow, discusses tension between the US and China. Wendy Schiller, Brown University Taubman Center for American Politics and Policy Director, weighs the potential 2024 re-match with Joe Biden and Donald Trump. Dennis Gartman, Chairman of The University Of Akron’s Endowment Fund & Retired Editor of The Gartman Letter, says bear market rally won't last much longer. Paul Sankey, Sankey Research Founder & Lead Analyst, says natural gas prices in the US are likely heading higher heading into winter as exports continue to flow to Europe. See omnystudio.com/listener for privacy information.

Kathryn Kaminski, AlphaSimplex Chief Research Strategist, says market may be at an inflection point. Michael Purves, Tallbacken Founder & CEO, examines today's optimism in the market. Jim Paulsen, The Leuthold Group Chief Investment Strategist, says stop worrying whether the Federal Reserve is done raising interest rates because the tightening cycle for financial assets has already ended.Matthew Luzzetti, Deutsche Bank Securities Chief US Economist, weighs recession risks. Andrea Bonomi, Investindustrial Founder, discusses the factors behind the private equity firm's $950 million deal for a significant portion of TreeHouse Foods’s meal-prep business. See omnystudio.com/listener for privacy information.

Brian Deese, White House Director of the National Economic Council, says inflation report is a positive signal and says labor market strength will continue. Michael Pond, Barclays Head of Global Inflation-Linked Research, says inflation report reinforces the Barclays view that the Fed is likely to slow the pace of rate hikes to 50 basis points at the September meeting. Michael Gapen, BofA Global Research Head of US Economics, says that inflation will be sticky, particularly in services. Kathy Jones, Charles Schwab Chief Fixed Income Strategist, says inflation report is a huge sigh of relief for the Fed. See omnystudio.com/listener for privacy information.

Claudia Sahm, Jain Family Institute Senior Fellow & Bloomberg Opinion Columnist, sees a disrupted economy beginning to heal. Greg Peters, PGIM Fixed Income Co-CIO, says the bond market is reflecting a new reality. Greg Valliere, AGF Investments Chief US Policy Strategist, explains why the FBI search of Donald Trump's Florida home could be a plus for the former president. Neil Dutta, Renaissance Macro Research Head of US Economic Research, says the economy is not out of the woods. Admiral James Stavridis, Bloomberg Opinion Columnist & "To Risk It All" Author, discusses U.S.-China relations in the wake of House Speaker Nancy Pelosi's trip to Taiwan. See omnystudio.com/listener for privacy information.

Joyce Chang, JPMorgan Chair of Global Research, warns of a choppy market ahead. Peter Tchir, Academy Securities Head of Macro Strategy, says a Fed pivot will be negative for equities. Dana Peterson, The Conference Board Chief Economist, says labor shortages are here to stay. Libby Cantrill, PIMCO Head of Public Policy, discusses winners and losers in Democrats’ signature tax and climate bill. See omnystudio.com/listener for privacy information.

Marty Walsh, U.S. Secretary of Labor, says current job growth will be sustainable. Tiffany Wilding, PIMCO Chief U.S. Economist, discusses the Federal Reserve's next move. Randy Kroszner, University of Chicago Booth School Professor of Economics & Former Federal Reserve Governor, says that a 75 basis-point increase will be on the table for the Fed's next meeting. Jeff Rosenberg, BlackRock Portfolio Manager of the Systematic Multi-Strategy Fund, says it's a good-news-is-bad-news environment, though the economy is strong.See omnystudio.com/listener for privacy information.

Chief Financial Officers now play a critical role in shaping corporate strategy and positioning organizations to meet future challenges. Bloomberg's monthly program, Chief Future Officer, profiles these leaders and explores the impact they're making on their companies and industries. This episode focuses on Mastercard CFO Sachin Mehra, who tells Lisa Abramowicz how the company is diversifying around its core card business to expand in B2B payments, develop high-growth financial services, and offer solutions in the cryptocurrency ecosystem.See omnystudio.com/listener for privacy information.