Bloomberg
Apollo's Rowan Sees 'Non-Recession Recession' for US
Apollo Global Management Inc. Chief Executive Officer Marc Rowan says financial markets will feel some pain while the underlying economy remains strong as the US experiences a "non-recession recession." Rowan spoke Tuesday at an event...
Bloomberg
Fed Forecasts Will Spur New Bull Market: TPW's Pelosky
TPW Advisory Principal and founder Jay Pelosky says the Covid pandemic-related inflation spike is over and the Federal Reserve will stop raising rates. He speaks with Jonathan Ferro on "Bloomberg The Open."
Follow Bloomberg for business...
Bloomberg
Blinken to Visit China in Upcoming Weeks
Bloomberg's Wendy Benjaminson and Enda Curran discuss United States Secretary of State Antony Blinken's anticipated travel to Beijng and Former New Jersey Governor Chris Christie's announcement that he is running for the 2024 Republican...
Bloomberg
Real Interest Rates Are Heading Higher: Rogoff
Kenneth Rogoff, Harvard University Professor of Economics discusses the World Bank's view on the global economy and China's economy. Rogoff says real interest rates are going to be higher. He speaks with David Westin and Romaine Bostick...
Bloomberg
PGIM's Peters Sees Rates 'Surprisingly' Higher for Longer
Greg Peters, co-CIO at PGIM Fixed Income, says "it's extremely advantageous to be short versus long" on the yield curve as the bias is for higher rates, not lower rates. He speaks with Lisa Abramowicz on "Bloomberg Surveillance."
Follow...
Bloomberg
US Services Activity Falls to Weakest Level This Year
The Institute for Supply Management's overall gauge of services fell to 50.3, the weakest level this year, while a measure of prices paid slid to a three-year low. Mike McKee reports on "Bloomberg Markets."
Follow Bloomberg for business...
Bloomberg
ANZ's Yetsenga on Asia's Economy
Richard Yetsenga, Chief Economist at ANZ, discusses his views on the upcoming RBA rate decision and China's upcoming inflation data prints. He speaks with Shery Ahn and Paul Allen on "Daybreak Asia".
Bloomberg
Fed Won't Cut Rates Anytime Soon, Kroszner Says
"The Fed is going to hang tough," Former Federal Reserve Governor Randall Kroszner says while discussing what the May US employment report means for Fed monetary policy on "Bloomberg Surveillance."
Follow Bloomberg for business news &...
Bloomberg
Cliff Asness: Equities Are a 'Scary Place' to Be in a Recession
Cliff Asness, AQR Managing Principal and CIO, says equities and bonds are telling different stories about the probablity of a looming US recession. Asness thinks that stocks stand to suffer more than bonds if and when a recession foes...
Bloomberg
UK Trade Commissioner for APAC on UK FTAs
Natalie Black, UK Trade Commissioner for Asia Pacific, discusses the outlook for the UK's first Free Trade Agreements with Australia and New Zealand, since the country left the European Union in 2016. She speaks with Shery Ahn and Paul...
Bloomberg
Perot Jr Sees Recession for Commercial Real Estate Without Bank Lending
Hillwood Chairman Ross Perot Jr. says commercial real estate developers are having difficulty obtaining construction loans, and warns of a recession for the industry if banks don't start lending again. He speaks on "Bloomberg Markets."
Bloomberg
Harker Favors Fed Skipping Rate Hike at Next Meeting
"I think we can take a bit of a skip for a meeting," Federal Reserve Bank of Philadelphia President Patrick Harker says during an event at the Philadelphia Fed.
Follow Bloomberg for business news & analysis, up-to-the-minute market...
Bloomberg
BlackRock's Boivin Sees 'Reasonable' Odds of Fed Hike
Jean Boivin, head of BlackRock Investment Institute, says the Federal Reserve isn't cutting rates anytime soon during an interview with Jonathan Ferro on "Bloomberg The Open."
Follow Bloomberg for business news & analysis,...
Bloomberg
Cliff Asness Is Still Worried About a Financial Crisis
Cliff Asness, AQR Managing Principal and CIO, says his biggest worry is another financial crisis because they are so unpredictable. This episode of "Bloomberg Wealth with David Rubenstein" was recorded April 24th in Greenwich, CT.
Bloomberg
ECB Will Have to Keep Rates Restrictive: BlackRock
Laura Cooper, BlackRock senior macro strategist for iShares EMEA, says European equities are not accurately reflecting the looming recession across the continent during an interview with Tom Mackenzie on "Bloomberg Markets: European...
Bloomberg
Lazard's McGuire on Return to Wall Street, Future of NYC
"New York City's best days are ahead," Lazard President Ray McGuire says while discussing the future of the city, his return to Wall Street and the outlook for Lazard with Sonali Basak on "Bloomberg Markets."
Follow Bloomberg for...
Bloomberg
BlackRock's Cooper on EU Inflation, ECB Rates, Recession Call
Laura Cooper, BlackRock senior macro strategist for ishares EMEA, talks about the ECB's rate hike path, what to watch for in European equities, and the rally in technology stocks. She's on "Bloomberg Markets: European Close."
Follow...
Bloomberg
Conference Board's Lundh: Data Signal Shallow Recession
The Conference Board's Principal Economist Erik Lundh reviews the key takeaways from the May consumer data. The Conference Board's index declined to 102.3 in May from a upwardly revised 103.7 in the prior month.
Follow Bloomberg for...
Bloomberg
Disinvesting In Our Future
Paul Krugman, Nobel Laureate in Economic Sciences discusses where we should be placing our concern when it comes to the US government's growing debt.
Bloomberg
US on Credit Watch as Default Looms
Nour Al Ali, Bloomberg Markets Live Editor, discusses the dollar and oil as tensions over the US debt-ceiling impasse rise.
Bloomberg
Franklin Templeton's Strand on US Markets
Franklin Templeton Investment Solutions SVP, Head of Sustainable Investments and Portfolio Manager Kim Strand explains why she is still modestly risk-off and cautious on equities as the US debt ceiling impasse continues. She discusses...
Bloomberg
Minutes Show Fed Divided on Further Rate Increases
Federal Reserve officials were divided over whether further interest-rate increases would be necessary to lower inflation, minutes from the FOMC's May 2-3 meeting show. Mike McKee reports on "Bloomberg Markets: The Close."
Follow...
Bloomberg
Investors Should Be Cautious, Economist Darda Warns
Roth MKM Partners Chief Economist and Macro Strategist Michael Darda explains why he thinks investors should "be a bit cautious" during an interview with Tom Keene and Lisa Abramowicz on "Bloomberg Surveillance."
Follow Bloomberg for...
Bloomberg
PGIM's Peters Sees No Recession Reward in Yield Curve
Greg Peters, co-CIO at PGIM Fixed Income, says the yield curve feels like it's "mispriced" and already pricing in a recession. He speaks on "Bloomberg Surveillance."
Follow Bloomberg for business news & analysis, up-to-the-minute market...