Bloomberg Surveillance

Paul Sweeney, Bloomberg Intelligence Director of North American Research, says a media platform that has less than a billion users struggles to be relevant for advertisers. Steve Eisman, Eisman Group Neuberger Berman Senior Portfolio Manager, explains all the negative signals he sees from Tesla. Chris Rupkey, MUFG Union Bank Chief Financial Economist, says economists think demographics, such as a low birth rate, will keep economic growth down. Margie Patel, Wells Fargo Asset Management Senior Portfolio Manager, is skeptical of the naysayers on how well the economy is going to do.See omnystudio.com/listener for privacy information.

Richard Haass, Council on Foreign Relations President, says the U.S. is voluntarily choosing to abdicate from its hegemonic role. Mark Lehmann, JMP Securities President, expects Facebook's expenses to bloat for some time. James Bevan, CCLA Investment Management CIO, is enthusiastic for U.S. equities but not for European equities. And Win Thin, Brown Brothers Harriman Head of EM Currency, believes China will push through the trade war without facing a financial crisis.See omnystudio.com/listener for privacy information.

Stephen Roach, Yale University Professor, says global trade has been an engine for growth for developing and developed countries alike. Steven Arons, Bloomberg News German Banks Reporter, thinks that Deutsche Bank has a chance of getting out of their vicious cycle. Eileen Burbidge, Passion Capital Partner, talks space exploration in the age of SpaceX. John Normand, JPMorgan Head of Cross-Asset Fundamental Strategy, says Asian currencies are clearly in the line of fire from the Trump administration. Komal Sri-Kumar, Sri-Kumar Global Strategies President, joins us to provide his macro outlook. See omnystudio.com/listener for privacy information.

Today we feature Abby Joseph Cohen, Goldman Sachs Advisory Director & Senior Investment Strategist. She joins the usual suspects and Bloomberg Intelligence's Paul Sweeney to talk tech regulation and what's trending at hedge funds. Jeff Currie, Goldman Sachs Global Head of Commodities Research, lays out which EM currencies are most vulnerable to oil prices. And Mary Lovely, Peterson Institute Senior Fellow & Syracuse University Professor, thinks in general, the idea that the U.S. has the upper hand in trade talks is mistaken. See omnystudio.com/listener for privacy information.

John Silvia, Wells Fargo Securities Chief Economist, forecasts a .2-.3% change in potential GDP. Golnar Motevalli, Bloomberg Reporter in Tehran, provides an update on U.S.-Iran relations during Bloomberg Surveillance on Bloomberg TV. Tom Michaud, KBW Inc. CEO, thinks bank mergers are a slower and more deliberate process than before the economic crisis. And Ken Langone, Author "I Love Capitalism" & Home Depot Co-Founder, offers his take on Jeff Bezos and Amazon.See omnystudio.com/listener for privacy information.

Jerome Schneider, PIMCO Head of Short Term Portfolio Manager, breaks down nominal and real interest rates. Diane Swonk, Grant Thornton Chief Economist,reviews the history of the Fed's independence. Adam Posen, Peterson Institute for International Economics President, worries that President Trump is becoming 'Nixonian.' Jane Foley, Rabobank Head of FX Strategy, and Michael McKee, Bloomberg News International Economics & Policy Correspondent, hop on the show to discuss the potential of a currency war. Vincent Cignarella, Bloomberg Americas Global Macro Squawk, and Margaret Brennan, CBS Face the Nation Host, offer their expertise on market and political news of the week. See omnystudio.com/listener for privacy information.

Joseph Quinlan, Head of Market Strategy for U.S. Trust, argues consumers are driving the Chinese economy. Justina Lee, Bloomberg News China Markets Reporter, observes the PBOC may be moving towards an easing bias. Kirk Hartman, Wells Fargo AM Global CIO, thinks Disney had the upper hand in bids to buy 21st Century Fox all along. And further, Craig Moffett, MoffettNathanson Founding Partner, notes we still don't know if Disney is going to increase their bid for 21st Century Fox or not. See omnystudio.com/listener for privacy information.

Priya Misra, TD Securities Head of Global Interest Rates Strategy, says that the Fed is entering a "neutral zone." Rep. Tom Reed (R-NY), House Ways and Means Trade Subcommittee member, thinks the long-term economic growth trajectory will not be impacted by the short-term anxiety from the trade war. Randall Kroszner, University of Chicago Professor & Former Fed Governor, says we ought to be open to the possibility that the yield curve flattening does not mean recession. Terry Haines, Evercore ISI Senior Political Strategist, predicts Republicans will pick up some seats in the Senate and lose a few in the House in the midterm elections. See omnystudio.com/listener for privacy information.

Admiral Stavridis, The Fletcher School at Tufts University Dean, says President Trump threw U.S. intelligence under the bus in Helsinki. Ian Whittaker, Liberum Media Analyst, notes that Netflix's disappointing results only represent one quarter. Matt Winkler, Bloomberg Editor-in-Chief Emeritus, says despite escalating tariff threats, EM funds with exposure to China are doing just fine. Stephanie Baker, Bloomberg News Senior Writer, provides an update on Special Counsel Robert Mueller's investigation. See omnystudio.com/listener for privacy information.

Robert Hormats, Kissinger Associates Vice-Chairman, sees the Helsinki Summit as an opportunity for President Trump to take "a leadership role" in global issues. Charly Salonius-Pasternak, Senior Research Fellow of the Global Security Research Program at the Finnish Institute for International Affairs, highlights that U.S. global military and trade power is dependent on its alliance networks. George Friedman, GeoPolitical Futures Chairman, says that a great deal of what Russia does is a "bluff." Chris Granville, TS Lombard Managing Director of EMEA & Global Political Research, talks about the importance of smaller countries such as Finland in Brexit negotiations with the European Union.See omnystudio.com/listener for privacy information.