Bloomberg Surveillance

Bill Gross, a fund manager at Janus Capital, says real economic growth in the U.S. is a 2 percent number going forward. Prior to that, Jean-Claude Trichet, former ECB president, says he agrees with Emmanuel Macron on respecting rules and reforming France. Alan Krueger, a professor at Princeton University, remembers the legacy of economist William Baumol. Finally, James Glassman, a senior economist at JPMorgan Securities, says low oil prices are bad for energy sectors but great for Americans.See omnystudio.com/listener for privacy information.

Stephen Schork, editor of the Schork Report, says it's a do-or-die moment for oil bulls and that it's clear that OPEC has failed to balance markets. Prior to that, William McNabb, Vanguard Group's CEO, says he's never had a growth objective for Vanguard in 42 years. Komal Sri-Kumar, president of Sri-Kumar Global Advisors, says there's little transparency or clarity coming from the Fed. Libby Cantrill, PIMCO's executive vice president, says fiscal expansions will come, but there will be fewer than expected.See omnystudio.com/listener for privacy information.

In a special edition of Bloomberg Surveillance, Tom Keene speaks with former Federal Reserve Chairman Ben Bernanke ahead of the central bank's latest rate decision.See omnystudio.com/listener for privacy information.

Jim Jordan, House Freedom Caucus founder, says he hopes Congress will vote on health care this week and that President Trump resonates because he has conservative principles with populist tones. Prior to that, Bloomberg Intelligence's Ira Jersey says the Fed wants to shrink the balance sheet. Eswar Prasad, a professor at Cornell University, says China could be doing more about North Korea because it's North Korea's economic lifeline. Arkansas Congressman French Hill discusses the health-care vote. Finally, Mitch Daniels, president of Purdue University, says the Kaplan acquisition isn't a threat to Purdue's culture.See omnystudio.com/listener for privacy information.

Bloomberg's Margaret Talev speaks about the Oval Office interview she and colleague Jennifer Jacobs conducted with President Trump, in which he reiterated expectations for 3 percent GDP growth and said he's considering breaking up big banks. Prior to that, Howard Ward, CIO of growth equities for Gabelli Funds, says Apple is defying skeptics with its pricing power. Citadel CEO Ken Griffin says money's coming out of active management and is heading toward passive structures. Dartmouth professor Douglas Irwin discusses Trump's trade policy. Finally, UBS' Julian Emanuel says low volatility can seduce investors into taking on more risk, but they need to remain disciplined at this point.See omnystudio.com/listener for privacy information.

William Rhodes, CEO of William Rhodes Global Advisors, says Trump has been inviting to corporate chiefs and that he listens to JPMorgan's Jamie Dimon. Greg Valliere, Horizon Investments' chief global strategist, says Goldman Sachs' dominance in the White House is a good story for investors. Jahangir Aziz, JPMorgan's head of emerging markets research, says China's Central Bank is trying to be more communicative. Tony Crescenzi, PIMCO's executive vice president, says fiscal authority hasn't taken over from monetary authority yet. Finally, Doug Kass, president of Seabreeze Partners, says he's long Twitter and that it has a valuable user base.See omnystudio.com/listener for privacy information.

Byron Carlock of PWC joins Tom Keene and David Gura on Bloomberg Surveillance to discuss the precarious future of America’s shopping malls.See omnystudio.com/listener for privacy information.

Richard Haass, president of the Council on Foreign Relations, says Trump is getting a lesson in Civics 101 and is seeing the strength of independent institutions in U.S. democracy during his first 100 days as president. BlackRock's Gerardo Rodriguez says Trump has introduced an element of uncertainty in Mexico that had been fading. Zeke Emanuel, the chair of the Department of Medical Ethics at the University of Pennsylvania, says the American public wants the Affordable Care Act to be fixed, not removed. Doug Holtz-Eakin, president of the American Action Forum, says the White House must provide leadership to get tax regulations overhauled. Finally, Victor Cha, senior adviser and Korea chair at the Center for Strategic and International Studies, says the Trump administration is sending conflicting signals on North Korea.See omnystudio.com/listener for privacy information.

William Lee, chief economist at the Milken Institute, says the regulatory environment doesn't inspire the use of capital to create investments that boost productivity. Diana Furchtgott-Roth, a senior fellow at the Manhattan Institute, discusses tax reform. Brian Belski, chief investment strategist at BMO Capital Markets, says earnings have yet to reflect the realities of fiscal reform. Finally, David Rosenberg, chief economist at Gluskin Sheff & Associates, says the Canadian economy is advancing, the emergency is over and it's time for the Bank of Canada to take back its emergency rate cuts.See omnystudio.com/listener for privacy information.

Jim O'Neill, the former U.K. commercial secretary to the Treasury, says E.U. banks have never embraced true cross-services reform and that American banks played a more successful game than their E.U. counterparts. JPMorgan Chase's John Normand says Trump's policies are more diluted than they were on the campaign trail. James Stavridis, dean of the Fletcher School at Tufts University, says he's concerned with the diffusion pattern of the Russian investigations. Jeffrey Currie, Goldman Sachs' global head of commodities research, says oil will stay in a trading range of between $55 and $60. Finally, Mike Mayo, an independent bank analyst, says Citigroup might need a restructuring.See omnystudio.com/listener for privacy information.