Bloomberg Surveillance

Jan Hatzius, Chief Economist at Goldman Sachs, thinks the it could be a couple more years before the Fed cuts rates. Steven Ricchiuto, Mizuho Securities USA Chief US Economist, describes why this is not a typical inflation cycle. Steve Englander, Standard Chartered Bank Global Head G-10 FX Research, says the ECB doesn't have the tools to address the weakness in Europe. Tina Fordham, Fordham Global Foresight Geopolitical Strategist & Founder, says there are no signs of the war in Ukraine abating. David Rubenstein, Carlyle Group Co-Founder & Co-Chairman and Host of "Peer to Peer Conversations," discusses his interview John Doerr, Kleiner Perkins Chairman and 'Speed & Scale' Author. See omnystudio.com/listener for privacy information.

Lori Calvasina, RBC Capital Markets Head of US Equity Strategy, says to set up for further volatility ahead. Ian Shepherdson, Pantheon Macroeconomics Chief Economist, if you're not expecting a recession in Europe, you haven't been paying attention. Peter Trubowitz, LSE Professor of International Relations & Chatham House Associate Fellow, expects the war in Ukraine to continue to be a long slog. Jordan Rochester, Nomura International G-10 FX Strategist, says the FX market is mispricing Europe. Leland Miller, China Beige Book International Founder & CEO, says China's official data have gotten a lot more honest. Doug Kass, Seabreeze Partners President, details why he thinks the S&P 500 is topping out, and where he sees vulnerability in the market. See omnystudio.com/listener for privacy information.

Seth Carpenter, Morgan Stanley Chief Global Economist, says the Fed needs to slow things a lot and stay tight for a while. Jane Foley, Rabobank FX Strategy Head, explains why she thinks Sterling can remain weak for a while. Patrick Armstrong, Plurimi Wealth CIO, says there are cheap stocks out there. Savanthi Syth, Raymond James Airlines Managing Director, says Delta is a good stock to own. See omnystudio.com/listener for privacy information.

Andrew Sheets, Morgan Stanley Chief Cross Asset Strategist, says markets are in an interesting pause before the September Fed meeting. Kelsey Berro, JPMorgan Asset Management Fixed Income Portfolio Manager, says credit fundamentals are still strong. Francisco Blanch, Bank of America Global Research Head of Global Commodities and Derivatives Research, says fossil fuels face a tough future ahead. Dan Ives, Wedbush Securities Senior Equity Research Analyst, says Apple is only in the middle innings of an unprecedented upward cycle. See omnystudio.com/listener for privacy information.

Alicia Levine, BNY Mellon Wealth Management Head of Equities & Capital Market Advisory, says the biggest systemic risk is that markets have already priced in the Goldilocks scenario. Michael Collins, PGIM Fixed Income Senior Portfolio Manager, is seeing a war between growth and inflation. Nicolai Tangen, Norway Sovereign Wealth Fund CEO, says he is still upbeat on big tech. Mike Darda, MKM Partners Chief Economist & Macro Strategist, doesn't think the recent easing of financial conditions means the Fed needs to be a whole lot more aggressive. David Rubenstein, Carlyle Group Co-Chairman and Co-Founder, discusses his interview with Lucid Motors Chairman Andrew Liveris. See omnystudio.com/listener for privacy information.

Richard Haass, Council on Foreign Relations President and Author, “The Bill of Obligations,” says China is increasingly turning up the level of alarm among its neighbors. Anastasia Amoroso, iCapital Chief Investment Strategist, doesn't expect the market to move materially higher from here. Brian Nagel, Oppenheimer Senior Analyst, says consumer spending is holding up quite well. Greg Daco, EY-Parthenon Chief Economist, explains why he thinks core inflation will stay persistent. See omnystudio.com/listener for privacy information.

Lisa Hornby, Schroders Head of US Multi-Sector Fixed Income, says there is actually income in fixed income for the first time in a long time. Kit Juckes, Societe General Chief FX Strategist, says there is a disconnect between the markets and the Fed's message. Bill Lee, Milken Institute Chief Economist, says it will be hard to find hard intelligence about China outside of private sources. Ellen Wald, Atlantic Council Senior Fellow, says higher oil is the new normal. See omnystudio.com/listener for privacy information.

Ron Temple, Lazard Asset Management Co-Head of Multi-Asset & Head of US Equity, says we're in the midst of inflation paradigm shift. Stephen Roach, Yale Law School Paul Tsai China Center Senior Fellow, discusses tension between the US and China. Wendy Schiller, Brown University Taubman Center for American Politics and Policy Director, weighs the potential 2024 re-match with Joe Biden and Donald Trump. Dennis Gartman, Chairman of The University Of Akron’s Endowment Fund & Retired Editor of The Gartman Letter, says bear market rally won't last much longer. Paul Sankey, Sankey Research Founder & Lead Analyst, says natural gas prices in the US are likely heading higher heading into winter as exports continue to flow to Europe. See omnystudio.com/listener for privacy information.

Kathryn Kaminski, AlphaSimplex Chief Research Strategist, says market may be at an inflection point. Michael Purves, Tallbacken Founder & CEO, examines today's optimism in the market. Jim Paulsen, The Leuthold Group Chief Investment Strategist, says stop worrying whether the Federal Reserve is done raising interest rates because the tightening cycle for financial assets has already ended.Matthew Luzzetti, Deutsche Bank Securities Chief US Economist, weighs recession risks. Andrea Bonomi, Investindustrial Founder, discusses the factors behind the private equity firm's $950 million deal for a significant portion of TreeHouse Foods’s meal-prep business. See omnystudio.com/listener for privacy information.

Brian Deese, White House Director of the National Economic Council, says inflation report is a positive signal and says labor market strength will continue. Michael Pond, Barclays Head of Global Inflation-Linked Research, says inflation report reinforces the Barclays view that the Fed is likely to slow the pace of rate hikes to 50 basis points at the September meeting. Michael Gapen, BofA Global Research Head of US Economics, says that inflation will be sticky, particularly in services. Kathy Jones, Charles Schwab Chief Fixed Income Strategist, says inflation report is a huge sigh of relief for the Fed. See omnystudio.com/listener for privacy information.