Bloomberg Surveillance

Jonathan Fenby, TSLombard Chairman, says the trade war has come at an inconvenient time for Xi Jinping. Michael McKee, Bloomberg International Economics and Policy Correspondent, updates us on the USMCA signing in Buenos Aires. Julia Coronado, Macropolicy Perspectives Founder & President, does not expect the G-20 meetings to resolve trade issues. Ian Bremmer, Eurasia Group President & Founder, says a framework agreement between Xi and Trump would be a huge win. And Garrett Graff, Author of "Threat Matrix", offers an inside look into political drama in Washington. See omnystudio.com/listener for privacy information.

Thu Lan Nguyen, Commerzbank FX Strategist, and Daniel Morris, BNP Paribas Asset Management Senior Investment Strategist, discuss the market impact of various Brexit outcomes. Jean-Claude Trichet, Former ECB President, says the 2008 crisis put central banks close to a financial stability mandate. Don Gimbel, Geneva Advisors Portfolio Manager, thinks China and the U.S. may reach an agreement at the G-20 summit. Leon Cooperman, Omega Advisors Chairman & CEO, discusses the algorithms that bring volatility to the markets. Eric Garcetti, Los Angeles Mayor, says mayors are the political first responders to natural disasters.See omnystudio.com/listener for privacy information.

Bloomberg Surveillance is live from the Bloomberg link for the Year Ahead Summit. Miranda Carr, Haitong International China Macro Strategist, says the Chinese government will have to take strong measures to avoid volatility in the yuan. Tony Crescenzi, PIMCO Market Strategist & Portfolio Manager, expects a fiscal cliff in 2020. David Rubenstein, Carlyle Group Co-Chairman & Co-Founder, discusses the humility of Former Supreme Court Justice Anthony Kennedy, the guest on his show "Peer to Peer Conversations". Luca Solca, Exane BNP Paribas Head of Luxury Goods Research, says that the Chinese consumer represents a third of the luxury market. Nick Colas, DataTrek Research Co-Founder, says bitcoin is a cloudy market. See omnystudio.com/listener for privacy information.

Arlene Foster, U.K. Democratic Unionist Party Leader, tells us why her party doesn't support May's Brexit deal. Kevin Tynan, Bloomberg Intelligence Senior Automotive Analyst, says GM is going through this "painful transition" in order to be relevant in the future. Edward Alden, CFR Senior Fellow and Author of "Failure To Adjust: How Americans Got Left Behind In The Global Economy", says China is a bigger market for GM than the U.S. Andrew Wood, Chatham House Associate Fellow for their Russia and Eurasia Programme, does not think there will be new sanctions on Russia. See omnystudio.com/listener for privacy information.

Nicky Morgan, U.K. Member of Parliament & Chair of Treasury Select Committee, and Rupert Harrison, BlackRock Multi-Asset Strategies Portfolio Manager, talk the challenges of getting the Brexit deal through Parliament. James Sweeney, Credit Suisse Chief Economist & Head of Global Fixed Income & Economic Research, says returns aren't great but the unemployment rate is going nowhere. Oliver Chen, Cowen Senior Equity Research Analyst, discusses Cyber Monday for a generation that needs "instagramable moments." Abhishek Deshpande, Head of JP Morgan's Global Oil Market Research & Strategy Team, thinks oil's falling prices are partly policy led. See omnystudio.com/listener for privacy information.

Steve Wieting, Citigroup Global Chief Investment Strategist, doesn't think 2019 marks a down year for the U.S. or the rest of the world. John Levy, John B. Levy & Company Founder, says we are going from necessity shopping to experience shopping. Diane Swonk, Grant Thornton Chief Economist, says oil prices will give a boost to consumer spending in the holiday season. Christyan Malek, J.P. Morgan Head of EMEA Oil & Gas Research, talks the Russian break even and the Saudi break even oil prices. Dana Telsey, Telsey Advisory Founder, says stores are in a good inventory position for holidays sales. See omnystudio.com/listener for privacy information.

Brian Levitt, Oppenheimer Funds Senior Investment Strategist, says the Phillips curve is as flat as the table he is sitting at. Laurence Boone, OECD Chief Economist, highlights the need to fix trade issues. Mike Feroli, JPMorgan Chief Economist, thinks the Fed will continue to hike every quarter next year. Brian Kelly, The Points Guy, says the credit card market is living the biggest boom we have ever seen. See omnystudio.com/listener for privacy information.

George Bory, Wells Fargo Securities Head of Credit Strategy, says the march back towards cash is well underway. Libby Cantrill, PIMCO Head of Public Policy, thinks the chances of a big infrastructure package are higher than markets seem to think. Mark Gilbert, Bloomberg Opinion Columnist, says we are nearing a bear market. Wolfgang Munchau, Eurointelligence Director, thinks people are overestimating the power of Germany to influence Euro states. See omnystudio.com/listener for privacy information.

Catherine Mann, Citi Global Chief Economist, says the Fed must balance the signals coming from the global and domestic economy. Luigi Zingales, University of Chicago Booth School of Business Finance Professor, thinks Salvini wants the confrontation with the EU for political reasons. Isabelle Mateos Y Lago, BlackRock Investment Institute Chief Multi-Asset Strategist, notes it's the first time in a while that there's uncertainty about the Fed's next move. Budd Bugatch, Raymond James Research Managing Director, provides an update on Home Depot and Walmart. See omnystudio.com/listener for privacy information.

Stephen Roach, Yale University Professor, says there might be some type of standstill agreement between China and the U.S. in the Buenos Aires meeting. Antony Phillipson, British Consul General to New York, highlights the need to deliver some certainty on Brexit. Margaret Brennan, CBS Face the Nation Host, will discuss the record number of women in Congress during her next show. Stephanie Wissink, Jefferies Managing Director & Consumer Research Analyst, says the baton has shifted from baby boomers to millennials being the population driver for consumer goods. See omnystudio.com/listener for privacy information.