Bloomberg Surveillance

Michael Cloherty, UBS Head of U.S. Rates Strategy, says there's not much of a hedge benefit from Treasuries at current levels. David Riley, BlueBay Asset Management Chief Investment Strategist, sees more upside potential in the U.S. Julie Norman, University College London Political Science Professor, says this is a vulnerable moment for the United States. Brett Ryan, Deutsche Bank Senior U.S. Economist, warns a lack of fiscal stimulus could delay the economic recovery.See omnystudio.com/listener for privacy information.

This is a Bloomberg Daybreak Special Report with Nathan Hager, Amy Morris and Michael Barr. President Trump has been admitted to the hospital to be treated for Covid-19. In this podcast, we examine the implications, he possibilities and the path ahead for the White House. Plus, the political fallout with exactly one month to until the election.See omnystudio.com/listener for privacy information.

Larry Kudlow, National Economic Council Director, discusses President Trump’s Covid-19 diagnosis and the September jobs report. David Malpass, World Bank President, says masks have helped thwart the spread of Covid-19 in many parts of the world and stresses that the pandemic has been a "giant catastrophe." Dr. Peter Hotez, Baylor College of Medicine National School of Tropical Medicine Dean, discusses the risk factors President Trump faces after testing positive for Covid-19. Jeffrey Rosenberg, BlackRock Portfolio Manager of the Systematic Multi-Strategy Fund, examines rates in the wake of the jobs report.See omnystudio.com/listener for privacy information.

New Jersey Governor Phil Murphy discusses the need for more economic stimulus, the state's millionaire tax and how the state is coping with the Covid-19 pandemic. Jim O'Sullivan, TD Securities Chief U.S. Macro Strategist, warns against too much optimism in the markets. James Sweeney, Credit Suisse Chief Economist, explains the momentum shift happening in the economy. Rebecca Rockey, Cushman & Wakefield Global Head of Forecasting, discusses Covid-19's impact on the office sector.See omnystudio.com/listener for privacy information.

Thomas Barkin, Federal Reserve Bank of Richmond President, expects strong U.S. growth in the third quarter. Lisa Shalett, Morgan Stanley Wealth Management CIO, says she’s "shocked” markets haven’t been more tumultuous amid the uncertainty over another fiscal stimulus package. Daniel Boulud, Chef and Restaurateur, discusses the return of indoor dining in New York City. Nouriel Roubini, NYU Stern School of Business Professor and NourielToday.com Host, discusses the “severe” market risks he sees from the U.S. presidential election.See omnystudio.com/listener for privacy information.

Bob Woodward, Washington Post Associate Editor and Author of "Rage," says he did not intend to release tapes of his interviews with President Trump at first. Jeanne Zaino, Iona College Professor of Political Science and Bloomberg Contributor, discusses what to watch for in the Trump and Biden debate. Mike Pyle, BlackRock Global Chief Investment Strategist, says the risks around a contested election scenario are material. Joe Quinlan, Merrill and Bank of America Private Bank Head of CIO Market Strategy, says markets have already priced in a Democratic sweep.See omnystudio.com/listener for privacy information.

Mark Howard, BNP Paribas Senior Multi-Asset Specialist, sees investors pulling back amid the uncertain political environment. Lale Topcuoglu, JOHCM Senior Fund Manager, says Fed put is baked into markets. Representative French Hill, a Republican from Arkansas, expects a peaceful transfer of power. Timothy L. O'Brien, Bloomberg Opinion Senior Columnist, discusses President Trump's tax revelations.See omnystudio.com/listener for privacy information.

President Donald Trump says he will nominate Judge Amy Coney Barrett for the Supreme Court. If confirmed by the Senate, Barrett could cement the court’s rightward shift for a generation.Bloomberg's David Westin examines the implications in this special podcast.See omnystudio.com/listener for privacy information.

Jan Hatzius, Goldman Sachs Chief Economist, explains why the firm halved its forecast for U.S. growth in the fourth quarter. Amy Wu Silverman, RBC Capital Markets Head of Derivatives Strategy, discusses fears that a delayed U.S. election result could upend markets. Jim Paulsen, The Leuthold Group Chief Investment Strategist, says this correction could have further to go. Julie Norman, University College London Political Science Professor, sees Republicans and Democrats moving towards more convergence on fiscal support.See omnystudio.com/listener for privacy information.

David Kostin, Goldman Sachs Chief U.S. Equity Strategist, makes the case for value stocks..Kathy Jones, Schwab Center for Financial Research Chief Fixed Income Strategist, says U.S. economy could see double-dip recession in the next 6 months without fiscal stimulus. Chris Krueger, Cowen Washington Research Group Policy Managing Director, says we may not get results on election night with the unprecedented amount of mail-in votes. Ethan Harris, BofA Securities Head of Global Economic Research, says the market has too many uncertainties on its plate and will continue to be under pressure for a while.See omnystudio.com/listener for privacy information.