Bloomberg Surveillance

In this Surveillance Special, Tom Keene and Paul Sweeney remember the life and legacy of Paul Volcker, Former Chair of the Federal Reserve. We hear from Bloomberg's Bob Moon, Former SEC Chair Arthur Levitt, Bloomberg's Michael McKee, Grant Thornton's Diane Swonk and RDQ Economics' John Ryding.See omnystudio.com/listener for privacy information.

Julia Coronado, MacroPolicy Perspectives President and Founder, says Europe does not have an engine of growth. Jim Glassman, JPMorgan Chase Commercial Banking Head Economist, and Michael Collins, PGIM Fixed Income Senior Portfolio Manager, react to the massive jobs report surprise. Tiffany Wilding, PIMCO U.S. Economist, says the United States economy and job creation is accelerating. And Larry Kudlow, National Economic Council Director, says the U.S. cannot permit unfair trading practices from our allies or non-allies.See omnystudio.com/listener for privacy information.

Roger Diwan, IHS Markit Vice President of Financial Services, says it is not clear how much ability other OPEC countries will have to follow Saudi Arabia's oil supply cuts. Luigi Zingales, University of Chicago Booth School Finance Professor, discusses the fundamental difference between climate change and climate risk for banking. Anat Admati, Stanford Finance Professor, says problems plaguing democracy and capitalism are rooted between corporations and governments. And Ted Alden, CFR Senior Fellow, says we have gone "far down" a unilateral trade road with this administration.See omnystudio.com/listener for privacy information.

Savita Subramanian, Bank of America Merrill Lynch Head of U.S. Equity & Quantitative Strategy, thinks cyclicals could see a strong rally on a skinny trade deal. Leslie Vinjamuri, Chatham House Head of U.S. & Americas Programme, says the vast majority of Americans still want to be in NATO. Jane Foley, Rabobank Head of FX Strategy, thinks U.K.-EU trade talks could bring back a no-deal Brexit risk next year. James Stavridis, Former NATO Supreme Allied Commander & Bloomberg Opinion Columnist, says he is concerned about Turkey’s direction and their willingness to partner so closely with Russia in Syria. And Brian Wieser, Group M Global President of Business Intelligence, discusses the changing nature of ad breaks.See omnystudio.com/listener for privacy information.

Troy Gayeski, SkyBridge Capital Co-Chief Investment Officer, thinks the U.S. dollar has finally topped out. Henrietta Treyz, Veda Partners Director of Economic Policy, believes the pressure on the administration not to impose tariffs is stronger than it has ever been. Dennis Gartman, The Gartman Letter Editor and Publisher, shares memories of his iconic newsletter ahead of its planned last edition on Dec. 31. Margie Patel, Wells Fargo Asset Management Senior Portfolio Manager, thinks mid-single digit returns may be the best-case scenario for 2020.See omnystudio.com/listener for privacy information.

Carl Weinberg, High Frequency Economics Founder & Chief Economist, doesn't see an end to the industrial recession as long as inventories are rising. Oliver Chen, Cowen Senior Equity Research Analyst, details research which suggests a niche area of apparel is growing double digits, despite weakness in the broad sector. Diane Swonk, Grant Thornton Chief Economist, says consumers are showing signs of weakness just as businesses are finally showing signs of life. Bill Smead, Smead Capital Chief Investment Officer & Founder, expects millennials to double their use of gasoline in the next 10 years. Sonali Basak, Bloomberg Finance Reporter, previews what's in store in the next decade for Goldman Sachs.See omnystudio.com/listener for privacy information.

John Authers, Bloomberg Opinion Columnist, says populist politicians have played their hands poorly in 2019. Joseph Abboud, Clothing Designer & Tailored Brands Creative Director, says Black Friday matters more for accessories and sportswear than custom suits. Dana Telsey, Telsey Advisory Group CEO & Chief Research Officer, teases the item poised to become the “fashion must-have” of the 2019 holiday season! And Elaine Sciolino, Former NYT Correspondent & Author of “The Seine," details the famous river.See omnystudio.com/listener for privacy information.

Greg Boutle, BNP Paribas U.S. Head of Equity and Derivative Strategy, expects U.S. manufacturing weakness to start broadening out to the rest of the economy. Andrew Hollenhorst, Citi Chief U.S. Economist, says the stock market gains are not experienced widely across the economy. David Kotok, Cumberland Advisors Chairman & CIO, says ECB's Christine Lagarde has a difficult task right now. And Karen Ubelhart, Bloomberg Intelligence Senior Analyst for Machinery, provides an industrial outlook for 2020. See omnystudio.com/listener for privacy information.

Brian Levitt, Invesco Global Market Strategist, says we are returning to an environment of more stable growth. Stephen Sadove, Senior Adviser for Mastercard and former Saks CEO, thinks LVMH buying Tiffany & Co. is a win-win. Sarah House, Wells Fargo Securities Senior Economist, foresees one more rate cut in their forecast. Adm. James Stavridis, Former NATO Supreme Allied Commander & Bloomberg Opinion Columnist, discusses President Trump's recent decisions regarding the Navy SEALs. And Geetha Ranganathan, Bloomberg Intelligence U.S. Media Analyst, says Disney's performance this year has been phenomenal. ------See omnystudio.com/listener for privacy information.

Chris Marangi, Gabelli Funds Co-CIO, says the market is pivoting towards value from momentum. Jeff Currie, Goldman Sachs International Global Head of Commodities Research, recommends getting long commodities today. Geoffrey Yu, UBS Private Banking CIO, says the dollar has topped out but it doesn't mean we're starting a dollar bear trend. Deborah Aitken, Bloomberg Intelligence Senior Analyst of Luxury Goods, sees the LVMH Tiffany tie-up as mutually beneficial for both companies, particularly when it comes to expanded market share in the luxury jewelry sector. Sonali Basak, Bloomberg TV & Radio Finance Reporter, says Charles Schwab aims to diversify their business in buying TD Ameritrade.See omnystudio.com/listener for privacy information.