Bloomberg Surveillance Single Best Idea With Tom Keene: Annmarie Hordern and Nancy Lazar
Mar 30, 2026
Nancy Lazar, chief economist at Piper Sandler known for labor-market analysis, and Annmarie Hordern, senior Bloomberg reporter who interviews top officials. They discuss a presidential call about Iran and developments around the Strait of Hormuz. Rapid war coverage from global correspondents. Signals of private-sector labor-market healing and rising manufacturing employment in March.
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Reporter Took A Presidential Phone Call On Air
- Annmarie Hordern took a phone call from the President of the United States during the morning show segment.
- She described the President discussing threats to Iranian infrastructure and saying "they want to settle," illustrating direct high-level sourcing on geopolitical developments.
Private Sector Jobs Showing Early Healing
- Nancy Lazar sees early signs of healing in the private sector labor market despite geopolitical shocks.
- She cites rising employment indices in a range of March manufacturing surveys that captured the war and higher oil prices as evidence of resilience.
Manufacturing Surveys Show Hiring Momentum
- Broader economic indicators can contradict headline geopolitical risks when firm-level surveys show hiring momentum.
- Nancy Lazar points to manufacturing employment indices rising in March even after the war and oil-price shock, suggesting nuanced macro dynamics.