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."
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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."
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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
Consequences of T-Bill Deluge
Barbara Reinhard, Voya Capital Head of Asset Allocation & Erin Browne, PIMCO Multi-Asset Strategies Portfolio Manager discuss the potential tremors coming to treasuries.
Bloomberg
A Mixed US Jobs Report
Lawrence H. Summers, Former US Treasury Secretary says he believes that the most recent jobs numbers are strong and that the US still has a tight hot labor market. He also explains why the Fed might have to raise rates in June.
Bloomberg
US Hiring Picks Up as Wage Growth Decelerates
Nonfarm payrolls increased 339,000 last month after an upwardly revised 294,000 advance in April. The unemployment rate rose to 3.7%. Mike McKee reports on "Bloomberg Surveillance."
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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."
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Bloomberg
Main Street AM's Gibbs on Global Markets
Erin Gibbs, Senior Partner and CIO at Main Street Asset Management, discusses her outlook for global markets. She speaks with Shery Ahn and Paul Allen on "Daybreak Asia".
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
JPMorgan Defensive as Weak Economy Narrative Resumes
Hugh Gimber, global market strategist at JPMorgan Asset Management, says his investment stance is still defensive despite progress on the US debt-limit deal. "Equities, bonds, credit haven't really been pricing in a major risk premium....
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."
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Jefferson Says Fed Pause Doesn't Mean Rates at Peak
"A decision to hold our policy rate constant at a coming meeting should not be interpreted to mean that we have reached the peak rate for this cycle," Federal Reserve Governor Philip Jefferson says in an online presentation on financial...
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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.
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Fed's Beige Book Shows Signs of Economic Cooling
"Employment increased in most districts, though at a slower pace than in previous reports," the Federal Reserve said Wednesday in its Beige Book survey of regional business contacts. Mike McKee reports on "Bloomberg Markets: The...
Bloomberg
JPM's Michele Says 'This Is the Time Where You Clip Coupons'
Bob Michele, head of fixed income at JPMorgan Asset Management, explains why he sees 5-Year US Treasuries as the "sweet spot" on the yield curve on "Bloomberg Surveillance."
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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."
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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.
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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."
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US Consumer Confidence Drops to Six-Month Low
US consumer confidence fell to a six-month low as views about the current state of the labor market and the outlook for business conditions slipped ahead of a deal to raise the debt ceiling. The Conference Board's index for May came in...
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."
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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.
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