Bloomberg Surveillance

Jean Boivin, Global Head of Research at BlackRock, shares insights on the pressures facing US equities amid tariff discussions. He elaborates on potential market boosts and risks within global trends. Kathy Bostjancic, Chief Economist at Nationwide, analyzes recent economic data, revealing concerns about US growth and consumer behavior amidst economic uncertainties. The conversation also highlights influences of artificial intelligence on economics and the evolving dynamics in retail and small business challenges.

Joe Lavorgna, Chief Economist at SMBC Nikko Securities and former Trump economic advisor, passionately argues that new targeted tariffs could herald a 'Golden Age' for the U.S. economy without causing inflation. He outlines the implications of Trump’s upcoming announcements on trade relations. Liz Ann Sonders, Chief Investment Strategist at Charles Schwab, shares her insights on the recession risks and market anxieties tied to these tariffs, while dissecting the contrasting fortunes of tech stocks versus broader market indices. A lively discussion on navigating economic uncertainty unfolds.

Nouriel Roubini, NYU Professor Emeritus and Senior Advisor at Hudson Bay Capital, shares insights on the looming risks of stagflation for the US economy due to upcoming tariffs. Seema Shah, Chief Global Strategist at Principal Asset Management, emphasizes smart portfolio positioning during market volatility. Kate Moore, Citi Wealth's CIO, outlines her investment strategies amidst uncertainty. Together, they dissect economic trends and their implications for investors navigating a challenging financial landscape.

Jennifer Lawless, a Politics professor at the University of Virginia, sheds light on the latest political currents affecting markets. She discusses President Trump's controversial moves to dismantle the Department of Education, raising concerns about federal funding for higher education. The conversation also delves into how trade policies and tax legislation under Trump's administration are creating ripples across investor strategies and market stability. Lawless's insights help unpack the intersections of politics and economic uncertainty.

Discover essential economic insights and global affairs from reputable sources. Gain an understanding of the rising unemployment rates and their historical impact. Delve into tariff concerns affecting the auto industry in Ontario and what it means for the U.S. economy. Join the conversation on navigating the complexities of the labor market with expert analysis.

Mike Pyle, Deputy Head of Portfolio Management Group at BlackRock, shares insights on portfolio strategies following the Federal Reserve's decision to hold interest rates steady. Luke Tilley, Chief Economist at Wilmington Trust, analyzes labor market dynamics and recent economic data, linking them to monetary policy impacts. The discussion touches on the resilience of the U.S. economy amidst trade uncertainties and explores diversification strategies for investors navigating market volatility.

Julian Emanuel, Chief Equity and Quantitative Strategist at Evercore ISI, discusses the Federal Reserve's latest meeting and praises Jay Powell's handling of growth concerns and tariffs. He emphasizes Powell's view of inflation from tariffs as 'transitory' and anticipates two rate cuts this year. The conversation delves into the complexities of current economic policies, the impact on gold prices due to anticipated slower growth, and the uncertainty surrounding President Trump's tariff decisions, which add to investor apprehension.

Bloomberg's Tom Keene, Jonathan Ferro and Lisa Abramowicz discuss remarks from Fed Chair Jay Powell following the Federal Reserve's latest policy decision on a special edition of Bloomberg Surveillance.Federal Reserve officials held their benchmark interest rate steady for a second straight meeting, caught between mounting concerns that the economy is slowing and inflation could remain stubbornly high.Chair Jerome Powell acknowledged the high degree of uncertainty from President Donald Trump’s significant policy changes, but repeated the central bank is not in a hurry to adjust borrowing costs. He said officials can wait for greater clarity on the impact of those policies on the economy before acting.See omnystudio.com/listener for privacy information.

Tom Keene breaks down the Single Best Idea from the latest edition of Bloomberg Surveillance Radio. In this episode, we feature conversations with Sebastien Page & Dean Curnutt. Watch Tom and Paul LIVE every day on YouTube: http://bit.ly/3vTiACFSee omnystudio.com/listener for privacy information.

- Steve Witkoff, White House Special Envoy to the Middle East- Gennadiy Goldberg, Head: US Rates Strategy at TD Securities- Gargi Chaudhuri, Chief Investment and Portfolio Strategist, Americas at BlackRock- David Rubenstein, co-founder of The Carlyle GroupSteve Witkoff, White House Special Envoy to the Middle East, joins for a discussion on rising Middle East tensions and the White House's strategy. Gennadiy Goldberg of TD Securities joins for a look at the outlook for US rates ahead of today's Fed decision. Gargi Chaudhuri, Chief Investment and Portfolio Strategist, Americas at BlackRock, on recent market gyrations and the outlook for equities amid a correction. David Rubenstein, co-founder of The Carlyle Group, shares his thoughts on the direction of the US economy.See omnystudio.com/listener for privacy information.