Bloomberg Surveillance

Bloomberg
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Oct 26, 2017 • 29min

Labor Is Moving Towards Obsolescence, Henry Kaufman Says

Henry Kaufman, president of Kaufman & Co., says robots will replace human labor. George Friedman, chairman of Geopolitical Futures, says it doesn't matter what President Trump wants, NAFTA will ultimately be decided upon by Congress. Finally, Arthur Levitt, former SEC chair, says a single, global model for market research would be spectacular. See omnystudio.com/listener for privacy information.
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Oct 26, 2017 • 21min

Surveillance Special: A Conversation With Bridgewater's Ray Dalio

Ray Dalio, Bridgewater Associates Co-Chairman and Founder discusses his latest book, 'Principles', the future of the Fed and why the worst asset class to be in is cash.See omnystudio.com/listener for privacy information.
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Oct 25, 2017 • 10min

Surveillance Bonus: Reflections on the Assassination of JFK

With the final trove of records on John F. Kennedy's assassination due to be released after more than half a century, Bloomberg's Tom Keene and Bob Moon look back at a day that will be forever seared into the collective memory of the nation.See omnystudio.com/listener for privacy information.
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Oct 25, 2017 • 41min

'The Swamp' is Washington's Government Spending, Rep. Brat Says

Representative Dave Brat, a Republican from Virginia, says more Americans should raise a ruckus about government spending. Greg Valliere, Horizon Investments' chief global strategist, says Trump's base will continue to hang in there and as long as they do, he's inoculated. Michael Purves, Weeden & Co.'s head of equity and derivatives strategy, says you can expect the VIX to reprice if volatility continues to stay low. Finally, Wells Fargo Securities' Mike Mayo and Mike Schumacher discuss the state of banking on Wall Street and the future of the Federal Reserve.See omnystudio.com/listener for privacy information.
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Oct 24, 2017 • 59min

Trump Is Taking the Fed Chair Decision 'Very, Very Seriously,' Ross Says

U.S. Commerce Secretary Wilbur Ross says the Fed Chair is an important decision that President Trump is taking very, very seriously. Prior to that, Stephen Roach, a senior fellow at Yale University, says China has operated on the same principle of contradictions since the 1980s. Craig Moffett, senior research analyst at Moffettnathanson, says the wireless industry in the U.S. is shrinking partly because of T-Mobile. Senator Cory Gardner, a Republican from Colorado, says Colorado has grown to become a great 'software' state for tech. Steven Swartz, president and CEO of Hearst, says the magazine business is tougher now but his company has been around a long time and will be around for a lot longer. Finally, Virginia Governor Terence McAuliffe says the new Virginia economy is focused on jobs that aren't always related to technology. See omnystudio.com/listener for privacy information.
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Oct 23, 2017 • 37min

Japan Markets Could Be in a Period of 'Fresh New Start,' Vail Says

John Vail, Nikko Asset Management's chief global strategist, says Japan is pessimistic about their own economy, but the markets could be in a period of a "fresh new start." Prior to that, Torsten Slok, Deutsche Bank's chief international economist, says the big thing to look out for from the ECB is an end date to QE. Finally, Lupin Rahman, PIMCO's executive vice president of sovereign credit, says politics are a source of alpha within emerging markets.See omnystudio.com/listener for privacy information.
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Oct 20, 2017 • 55min

More Portfolio Pruning to Come at GE, Heymann Says

Nicholas Heymann, an analyst at William Blair, says GE's John Flannery is moving at lightspeed in changing the company. Prior to that, Michael Darda, chief economist at MKM Partners, says long rates don't look like they're headed up dramatically any time soon. Robert Hormats, Kissinger Associates' vice chairman, says the current administration's level of engagement with China isn't enough. Senator Chris Van Hollen, a Democrat from Maryland, says middle-class tax payers will be hit hard under President Trump's tax plan. Finally, Rich Greenfield, an analyst at BTIG, says Amazon's prepared to take football rights away from legacy media. See omnystudio.com/listener for privacy information.
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Oct 19, 2017 • 37min

Markets Have Been Ridiculously Overpriced for Weeks, Gartman Says

Dennis Gartman, the editor and publisher of the Gartman Letter, reacts to the recent highs in the stock market and says markets have been ridiculously overpriced lately. Prior to that, Alan Ruskin, Deutsche Bank's global head of G-10 FX strategy, says 1987's Black Monday was extraordinary but 2008 was far worse. Finally, Saadia Madsbjerg, the managing director at the Rockefeller Foundation, says the forest fire prevention budget is under pressure. See omnystudio.com/listener for privacy information.
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Oct 18, 2017 • 29min

A Central Bank Inflation Issue Is Looming, Kasman Says

Bruce Kasman, JPMorgan's chief economist, says we don't have a Central Bank inflation issue at this stage, but that is looming. Representative Mark Walker, a Republican from North Carolina, says people are hurting under Obamacare, but insurance companies aren't. Finally, Enda Kenny, the former Prime Minister of Ireland, says there's no reason why Britain couldn't be a global power within the current European Union. See omnystudio.com/listener for privacy information.
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Oct 17, 2017 • 28min

The Bull Market Feels Best Near the End, Kass Says

Doug Kass, president of Seabreeze Partners Management Inc., tells Tom Keene and David Gura how a short seller survives during a bull market. Bill Lee, chief economist at the Milken Institute, says a John Taylor Fed chairmanship would give us more predictable framework than current Federal Open Market Committee language does. Finally, Gideon Rose, editor of Foreign Affairs magazine, says that when it comes to foreign policy, it's better to watch than listen. See omnystudio.com/listener for privacy information.

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