Bloomberg Surveillance

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Jamie Dimon joins Bloomberg News to discuss the debt ceiling, the regional banking crisis and the US economy. The CEO of JPMorgan Chase speaks with Bloomberg's Francine Lacqua from the bank's Global Markets Conference in Paris. See omnystudio.com/listener for privacy information.

Jan Hatzius, Chief Economist at Goldman Sachs, says the market is being overly aggressive in pricing in Fed rate cuts. Cameron Dawson, NewEdge Wealth CIO, says the risk of recession is high but we're not seeing the 'whites of the eyes' in the hard data. Peter Tchir, Head of Macro Strategy at Academy Securities, says people in Washington DC have lost focus, and there's plenty of other things we should be focusing on rather than the debt ceiling. Kelsey Berro, JPMorgan Asset Management Fixed Income Portfolio Manager, says that when the Fed does cut rates, they'll be cutting aggressively. Bloomberg's Annmarie Hordern talks the debt ceiling after her exclusive interview with Treasury Secretary Janet Yellen at the G7 meeting in Japan. Get the Bloomberg Surveillance newsletter, delivered every weekday. Sign up now: https://www.bloomberg.com/account/newsletters/surveillance See omnystudio.com/listener for privacy information.

US Treasury Secretary Janet Yellen sat down for an exclusive interview with Bloomberg News. She speaks with Bloomberg's Annmarie Hordern on the sidelines of a Group of Seven gathering of finance officials in Niigata, Japan. See omnystudio.com/listener for privacy information.

Jamie Dimon, JPMorgan Chase Chairman & CEO, says the debt ceiling issue is potentially catastrophic, and says "you will have panic" the closer the US gets to a default. After PPI data and initial jobless claims, as well as the BOE's rate hike, John Ryding, Chief Economic Advisor at Brean Capital, says a recession in the US and UK is inevitable. Gabelli Funds Co-CIO, explains exactly where he would put money to work amid all the market uncertainties. Megan Horneman, CIO at Verdence Capital Advisors, says there will be more bank crises to come. Tom Tzitzouris, Head of Fixed Income at Strategas, believes this is a good time for the Fed to pause, but to keep the door open to another hike. Brian Wieser, Madison & Wall Principal, joins to discuss Disney's earnings, and the outlook for streaming. Get the Bloomberg Surveillance newsletter, delivered every weekday. Sign up now: https://www.bloomberg.com/account/newsletters/surveillance See omnystudio.com/listener for privacy information.

Chief Financial Officers now play a critical role in shaping business strategy and positioning organizations to meet future challenges. This episode focuses on LPGA CFO Kathy Milthorpe, whose career at the leading U.S. women's golf association began over 30 years ago. Milthorpe and LPGA Commissioner Mollie Marcoux Samaan speak with Scarlet Fu about the opportunities ahead for the LPGA -- with record numbers of women participating in golf, and growing sponsor interest in women's sports.See omnystudio.com/listener for privacy information.

Bill Dudley, Former NY Fed President, Bloomberg Opinion Columnist & Bloomberg Economics Senior Adviser, says its hard to see 2% inflation with the labor market this tight and wages this high. Mario Gabelli, Gabelli Funds Co-CIO, explains exactly where he would put money to work amid all the market uncertainties. Rep French Hill, (R) Arkansas, says Treasury Secretary Yellen could "step in right now" and help develop a debt ceiling deal that would "pass overwhelmingly" and be signed into law before deadline. Peter Oppenheimer, Goldman Sachs Chief Global Equity Strategist, sees the market environment ripe for nuanced and diversified investors. Henrietta Treyz, Veda Partners Economic Policy Research Director, discusses debt-limit talks between Biden, McCarthy. Get the Bloomberg Surveillance newsletter, delivered every weekday. Sign up now: https://www.bloomberg.com/account/newsletters/surveillance See omnystudio.com/listener for privacy information.

Heidi Crebo-Rediker, CFR Senior Fellow, International Capital Strategies Partner & Former US State Department Chief Economist, says "there must be market pressure" in order for politicians to act on the debt ceiling. Robert Tipp, PGIM Fixed Income Chief Investment Strategist & Head of Global Bonds, says we can see a drop in yields and a widening of credit spreads if there is an "accidental default." Lisa Shalett, Morgan Stanley Wealth Management Chief Investment Officer, says no company is immune from recession. Neil Dutta, Renaissance Macro Research Head of US Economic Research, says recession is not imminent. Helane Becker, Cowen Senior Research Analyst, says travel demand is exceeding supply. Get the Bloomberg Surveillance newsletter, delivered every weekday. Sign up now: https://www.bloomberg.com/account/newsletters/surveillance See omnystudio.com/listener for privacy information.

 Jelena McWilliams, Former FDIC Chair & Cravath Swaine & Moore Partner, says regional banks must manage risk. Daleep Singh, PGIM Fixed Income Chief Global Economist, says congress is as polarized as its ever been. David Lebovitz, JPMorgan Asset Management Global Market Strategist, says the recent growth data and US jobs report don't suggest a recession. Subadra Rajappa, Societe Generale Head of US Rates Strategy, sees yields remaining range-bound. Adam Tooze, Columbia University Professor of History, sees a bifurcation of the US economy. Get the Bloomberg Surveillance newsletter, delivered every weekday. Sign up now: https://www.bloomberg.com/account/newsletters/surveillance See omnystudio.com/listener for privacy information.

Economics & Fmr. Fed Governor, says the Fed is not going to quit until the labor market quits. Jeff Rosenberg, BlackRock Portfolio Manager of the Systematic Multi-Strategy Fund, says "the tightening is yet to show up" as the US unemployment rate falls to 3.4% in April. Tiffany Wilding, PIMCO Chief US Economist, discusses the payrolls report beating estimates. Chris Marinac, Janney Montgomery Scott Director of Research, says most regional banks "have much more stable deposit flows than anyone realizes." Get the Bloomberg Surveillance newsletter, delivered every weekday. Sign up now: https://www.bloomberg.com/account/newsletters/surveillance See omnystudio.com/listener for privacy information.