Bloomberg Surveillance

Mike Wilson, Morgan Stanley Chief US Equity Strategist, says the bear market will probably be over sometime in the first quarter of 2023. Neil Dutta, Renaissance Macro Head of US Economics Research, says the Fed is failing miserably if they are viewing the labor market as the conduit to achieve their inflation objectives. Elsa Lignos, RBC Global Head of FX Strategy, says we may have to wait for Powell’s press conference next week to confirm or reject the Fed-pause narrative. See omnystudio.com/listener for privacy information.

Nouriel Roubini, Roubini MacroAssociates CEO & 'Megathreats' Author, discusses the "megathreats" facing the US economy. Jean Boivin, Head of the BlackRock Investment Institute, says it's very hard to see something that's a smooth landing in any way. Mary Barra, General Motors CEO, discusses third-quarter results, efforts to address supply-chain issues and electric-vehicle expansion plans. Jordan Rochester, Nomura International G-10 FX Strategist, says the UK is the canary in the coal mine for everybody around the world. See omnystudio.com/listener for privacy information.

Mike Schumacher, Wells Fargo Global Head of Macro Strategy, says a slowdown is coming. Lara Rhame, FS Investments Chief US Economist, says markets haven't yest priced in recession. Chris Verrone, Strategas Partner & Head of Technical & Macro Strategy, says the market is back in charge. Peter Trubowitz, LSE Professor of International Relations & Chatham House Associate Fellow, says China's President Xi is consolidating his hold on power and pushing China's ambitions in the region. See omnystudio.com/listener for privacy information.

Steven Major, HSBC Global Head of Fixed Income Research, says real yields are back. Alicia Levine, BNY Mellon Wealth Management Head of Equities & Capital Market Advisory, says the Fed has trapped itself. Marc Chandler, Bannockburn Chief Market Strategist, says inflation is close to a peak See omnystudio.com/listener for privacy information.

Michael Purves, Tallback Capital Advisors CEO & Founder; Nicholas Bennenbroek, Wells Fargo International Economist; and Neil Shearing, Capital Economics Chief Economist, react to the resignation of UK Prime Minister Liz Truss. See omnystudio.com/listener for privacy information.

Brian Deese, National Economic Council Director, says all options are on the table when it comes to a potential ban on diesel exports. Scott Kirby, United Airlines CEO, says business class demand will continue to increase. Mohamed Younis, Gallup Editor In Chief, says the US economy is the number one issue for voters right now. Dennis Gartman, Chairman of the University of Akron's Endowment Fund & Retired Editor of The Gartman Letter, says 2022 is only going to get uglier. Anwiti Bahuguna, Columbia Threadneedle Head of Multi-Asset Strategy, is seeing no signs of peak inflation. See omnystudio.com/listener for privacy information.

Kristen Bitterly, Citi Global Wealth Management Head of North America Investments, says the earnings bar has been revised down. Jerome Schneider, PIMCO Managing Director & Head of Short Term Portfolio Management, says "short-term paper is the place to hide" right now. Kit Juckes, Societe Generale Chief FX Strategist, says sterling needs volatility to go away. Michael Nathanson, MoffettNathanson Founding Partner & Senior Research Analyst, says Netflix's new advertising tier could prove to be a very diluted strategy in the short-term. See omnystudio.com/listener for privacy information.

Oliver Bäte, Allianz CEO, says investors are underestimating liquidity traps. Bob Miller, BlackRock Head of Americas Fundamental Fixed Income, says returns are "starting to look reasonable" for investors in high-quality assets. Lori Calvasina, RBC Capital Markets US Equity Strategy Head, says defensives are at peak valuation. Ebrahim Rahbari, Citi Global Head of FX Analysis, expects even further dollar upside from here. Leland Miller, China Beige Book International Co-Founder & CEO, says China President Xi Jinping is unlikely to change his strategy. See omnystudio.com/listener for privacy information.

Gita Gopinath, IMF First Deputy Managing Director, says nations are in for a “rocky ride” as they adjust to dollar strength. Raghuram Rajan, Former Central Bank of India Governor, says larger emerging market countries have become more prepared for a crisis by building up their FX reserves. Stephen Stanley, Amherst Pierpont Chief Economist, says a Fed pivot is not in the cards right now. Eric Freedman, US Bank Asset Management Chief Investment Officer, thinks it makes sense to dip into the front end of the treasury curve. See omnystudio.com/listener for privacy information.

Brian Deese, National Economic Council Director, says we need to make progress on rising food prices. Kristalina Georgieva, IMF Managing Director, says inflation is still the IMF's top worry. Seth Carpenter, Morgan Stanley Global Chief Economist, reacts to the US CPI report. David Malpass, World Bank President, says cutting the debt of poor nations is under discussion. See omnystudio.com/listener for privacy information.