Bloomberg Surveillance

Andrew Slimmon, Morgan Stanley Investment Management Senior Portfolio Manager, says there's more pain to come for markets. Admiral James Stavridis, Bloomberg Opinion Columnist, Former Supreme Allied Commander of NATO and Author of "2034: A Novel of the Next World War," says using chemicals weapons would not be a silver bullet for Russia. Leslie Vinjamuri, Chatham House Director of the U.S. and Americas Programme, says it is critical that the U.S. and Europe maintain pressure on China in order to help end the war in Ukraine. Stephen Stanley, Amherst Pierpont Chief Economist, says the Fed might even be willing to cause a recession if necessary to lower inflation. Stephane Bancel, Moderna CEO, says older people may need annual Covid booster shots.See omnystudio.com/listener for privacy information.

John Ryding, Brean Capital Chief Economic Advisor, said the Fed has already made a policy mistake. Chris Marangi, Gabelli Funds Co-Chief Investment Officer, says there is no alternative to U.S. equities. Gargi Chaudhuri, BlackRock iShares Investment Strategy Americas, says, the front end of the yield curve is beginning to look attractive. Isaac Boltansky, BTIG Director of Policy Research, discusses his expectations for President Biden's visit to Europe.See omnystudio.com/listener for privacy information.

James Bullard, Federal Reserve Bank of St. Louis President, says U.S. monetary policy needs to be tightened quickly to stop putting upward pressure on inflation. Angela Stent, Brookings Non-Resident Senior Fellow & Former U.S. National Intelligence Officer for Russia and Eurasia, says Putin's ambitions reach beyond Ukraine. Francisco Blanch, Bank of America Global Research Head of Global Commodities and Derivatives Research, still expects crude to rise to $150 this summer. Joanne Feeney, Advisors Capital Management Partner & Portfolio Manager, says equities are the only game in town. David Rubenstein, The Carlyle Group Co-Founder & Co-Executive Chairman discusses his interview with Citadel Founder & CEO Ken Griffin.See omnystudio.com/listener for privacy information.

Artis Pabriks, Latvia Defence Minister, says Europe's job of isolating Russia is only half-done. Leslie Falconio, UBS Global Wealth Management Senior Fixed Income Strategist for the Americas, expects real yields to move higher. Dave Altig, Atlanta Fed Director of Research, says they are not seeing any signs of softening demand. David Riley, BlueBay Asset Management Chief Investment Strategist, says the bond market is pricing in a wider distribution of outcomes.See omnystudio.com/listener for privacy information.

Robert Blackwill, Council on Foreign Relations Senior Fellow & Bloomberg Opinion Columnist, says it would be a serious blow to U.S.-China relations if China were to supply Russia with weapons. Mike Schumacher, Wells Fargo Global Head of Macro Strategy, says it will be hard for the Fed to pull off a soft landing. Kathryn Kaminski, AlphaSimplex Chief Research Strategist, says there would be repercussions if the Fed were to raise the funds rate to 3% this year. Cristian Maggio, TD Bank Portfolio Strategy Head, says there are still risks to investing in Russia even if sanctions were to be removed.See omnystudio.com/listener for privacy information.

Natalie Jaresko, Former Ukraine Finance Minister, says we could see a serious global food problem due to the war in Ukraine. Laurence Boone, OECD Director & Chief Economist, discusses the impact of the Ukraine conflict on the group's global growth and inflation projections. Sarah Hewin, Standard Chartered Bank Head of Europe & Americas Research, says it looks as though the Bank of England is losing their nerve. Jay Bryson, Wells Fargo Chief Economist, says the Fed is in a tricky position right now. Michael Hirson, Eurasia Practice Head for China And Northeast Asia, describes the careful balance China has to walk in the war in Ukraine.See omnystudio.com/listener for privacy information.

Ellen Zentner, Morgan Stanley Chief U.S. Economist, says there are enough risks in the economy that it makes sense for the Fed to start with a 25 basis point hike. Bob Michele, JPMorgan Asset Managment CIO, discusses the three things he is watching for in the Fed’s interest rate decision. Ian Kelly, Former U.S. Ambassador to Georgia, says Putin's world is now very small. Dennis Gartman, Chairman of the University of Akron Endowment Fund & Retired Editor of The Gartman Letter, says we have to pay attention to the planting season in Ukraine. David Rubenstein, The Carlyle Group Co-Founder & Host of "Peer to Peer with David Rubenstein," discusses his interview with Airbnb CEO Brian Chesky.See omnystudio.com/listener for privacy information.

Seth Jones, Center for Strategic and International Studies International Security Program Director, doesn't see Russia looking for an off-ramp that would be acceptable to NATO or the Ukranian people. Elsa Lignos, RBC Global Head of FX Strategy, discusses the outlook for the Euro. Megan Greene, Kroll Institute Global Chief Economist, says we're likely to see stagflation in Europe. Doug Kass, Seabreeze Partners President, details his philosophy for navigating the market amid so much uncertainty.See omnystudio.com/listener for privacy information.

Bruce Kasman, JPMorgan Chief Economist & Head of Global Economic Research, expects the effects of sanctions on Russia to last for a while. Mohamed Younis, Gallup Editor in Chief, says favorability of Russia among Americans has hit an all-time negative high. Ed Al-Hussainy, Columbia Threadneedle Investments Senior Interest Rates Strategist, discusses how the fixed income market is being impact by Russia’s invasion of Ukraine. Mayra Rodriguez Valladares, MRV Associates Managing Principal, says the market risks are much higher for American banks than the risks from Russia.See omnystudio.com/listener for privacy information.

Michael Gapen, Barclays Chief U.S. Economist, reacts to the acceleration in U.S. consumer price gains. Estonia Prime Minister Kaja Kallas says Putin has gone "all in" on the war in Ukraine. Peter Trubowitz, London School of Economics Professor of International Relations & Chatham House Associate Fellow, said Putin made massive miscalculations in invading Ukraine. Marc Chandler, Bannockburn Chief Market Strategist, expects the war in Ukraine to raise inflation and slow growth.See omnystudio.com/listener for privacy information.