Bloomberg Surveillance

Watch Tom and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.Bloomberg Surveillance hosted by Tom Keene & Paul SweeneyMarch 5th, 2025Featuring:1) Bob Michele, CIO: Fixed Income at JPMorgan Asset Management, joins for an extended discussion on bonds and fixed income, and warning signals following the implementation of President Trump's tariffs. The dollar fell to a three-month low due to concerns about the negative impact of US tariffs on the economy, with losses particularly stark against the euro. The dollar's downward trend is fueled by concerns that a global trade war - prompted by Trump's tariffs - will weigh on economic growth.2) Terry Haines, founder at Pangaea Policy, reacts to President Trump's address to Congress and how it could ripple through markets. President Trump defended his tariff plan, saying it would raise "trillions and trillions" in revenue and rebalance trading relationships, despite acknowledging potential economic pain.3) Brian Belski, Chief Investment Strategist at BMO Capital Markets, joins for an extended discussion on whether it's time to stay in the market or rotate out of equities. Recent eco data showed that manufacturers are struggling with price pressures and uncertainty regarding tariffs and signaled a potential for a slowdown in US growth.4) Regina Mayor, Global Head of Clients & Markets at KPMG, joins to talk about the potential for rising energy prices in the US and abroad and whether they could be lowered from the Trump administration's energy policies. President Trump's tariffs on imported goods from top trading partners are likely to increase the cost of home heat pumps, battery storage systems, and electric cars in the US.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 a conversation with Abby Joseph Cohen. Watch Tom and Paul LIVE every day on YouTube: http://bit.ly/3vTiACFSee omnystudio.com/listener for privacy information.

- Julian Emanuel, Chief Equity & Quantitative Strategist at EvercoreISI- Ed Mills, Washington Policy Analyst at Raymond James- Everett Eissenstat, Former Deputy Director for the National Economic Council- Kit Juckes, Chief FX Strategist at Societe GeneraleJulian Emanuel of EvercoreISI discusses his S&P target and how the market could be reshaped by tariffs and geopolitical uncertainty. Ed Mills, Washington Policy Analyst at Raymond James, joins to discuss the severity of President Trump's economic and trade policies. Eerett Eissenstat, Former Deputy Director for the National Economic Council, talks about how tariffs could affect the US and global economies and whether President Trump could change course. Kit Juckes at Societe Generale talks about currency moves amid a US-led trade war.See omnystudio.com/listener for privacy information.

Barbara Reinhard, CIO at Voya Investment Management, shares insights on why she believes it's a good time to buy equities despite the tumultuous market. Abby Joseph Cohen, a Columbia Business School professor, discusses the implications of Trump's economic policies, particularly the risks associated with cutting government research funding. They delve into how recent tariffs on Canada, Mexico, and China could reshape trade dynamics and affect investors, highlighting the importance of adapting investment strategies in a shifting economic landscape.

Discover how global political dynamics shape investment strategies. Delve into the hot debate over share buybacks versus dividends. Unpack the influence of government officials on the financial landscape. The conversations promise intriguing insights into the intersection of economics and politics.

In this engaging discussion, Mohamed El-Erian, President at Queens' College, Cambridge, delves into the implications of slowing U.S. growth and looming tariff threats as President Trump targets key allies. He accentuates the complex impact on transatlantic relations and the financial markets. The conversation also touches on how these economic tensions influence equities amid concerns over inflation. Additionally, insights from Tobin Marcus and Liz Young highlight the unpredictable nature of tariffs and the cautious sentiment dominating investors.

Peter Trubowitz, a geopolitics expert from the London School of Economics, discusses the implications of President Trump's proposed tariffs on Canada, Mexico, and China, highlighting the economic tensions they may cause. Lori Calvasina, head of US Equity Strategy at RBC Capital Markets, offers insights into how these tariffs are influencing market dynamics and investor sentiment. The conversation also touches on a potential mineral deal with Ukraine and the recent surge in Bitcoin, revealing intriguing intersections between international relations and finance.

Explore the current state of global economics, focusing on Japan's inflation and its effects on market dynamics. Discover how corporate changes and consumer spending are reshaping risk markets, with high-income households playing a crucial role. The conversation also highlights the importance of U.S.-Canada collaboration in energy for future growth. Lastly, challenge outdated views on finance while diving into cutting-edge gaming technology, featuring high-performance products for gamers.

Steven Major, Global Head of FI Research at HSBC, shares keen insights on the bond market's impact on global economies. He discusses the recent decline of the 10-year government bond yield and its implications for monetary policy. Kelly Ann Shaw, former Deputy NEC Director, delves into trade policy dynamics, particularly regarding tariffs impacting Canada, Mexico, and China. Meanwhile, Michael Kushma, CIO at Morgan Stanley, highlights the disconnect between income and spending, offering valuable predictions on future inflation and market behavior.

Frances Donald, Chief Economist at RBC, shares insights on the challenges of inflation and consumer spending trends affecting U.S. economic growth. Jordan Rochester, Head of FICC Strategy at Mizuho EMEA, discusses the strength of the USD and the implications of global economic changes. Mick Mulroy, Co-founder of the Lobo Institute, offers a nuanced perspective on military strategies in Ukraine and the importance of U.S. support amidst geopolitical tensions. Their engaging conversation highlights the complex interplay of economics, politics, and security.