Bloomberg Surveillance

Steve Chiavarone, Federated Hermes Head of Multi-Asset Solutions, says the Fed has a lot of work to do to get inflation down. Kathy Jones, Charles Schwab Chief Fixed Income Strategist, says corporate bond issuance is waiting for yields to fall. Jens Nordvig, Exante Data Founder & CEO, says it will be hard for the Fed to switch back to cutting mode after they're done hiking. Greg Valliere, AGF Investments Chief US Policy Strategist, says it's possible Hillary Clinton may run for president again. See omnystudio.com/listener for privacy information.

Greg Peters, says financial conditions have to worsen. Alicia Levine, BNY Mellon Wealth Management Head of Equities & Capital Market Advisory, says there is a 50% chance of a recession. James Stavridis, Carlyle Group Vice Chairman of Global Affairs, Former Supreme Allied Commander at NATO and Author of 'To Risk It All: Nine Conflicts & The Crucible of Decision,' says says we will see Finland and Sweden in NATO. David Rubenstein, Carlyle Group Co-Founder & Co-Chairman and Host of 'Bloomberg Wealth,' discusses his interview with Rockefeller University CIO Paula Volent. See omnystudio.com/listener for privacy information.

Kristen Bitterly, Citi Global Wealth Management Head of North America Investments, explains she is advocating against market timing. Lisa Hornby, Schroders Head of US Multi-Sector Fixed Income, recommends a decent amount of liquidity in your portfolio. Mohamed Younis, Gallup Editor In Chief, says the US is the most politically divided its been since the start of Gallup's measurements. Lori Calvasina, RBC Capital Markets Head of US Equity Strategy, says investors are looking more optimistically into 2023. See omnystudio.com/listener for privacy information.

Jan Hatzius, Goldman Sachs Chief Economist, says a US recession is likely to be shallow if it happens. Ian Lyngen, BMO Capital Markets Head of US Rates Strategy, says all inflation is the same for the Fed at the moment. Tina Fordham, Fordham Global Foresight Geopolitical Strategist & Founder, discusses the tensions governments are facing over inflation and wages. Shahab Jalinoos, Credit Suisse Global Head of FX Strategy, says we're seeing the end of central banks using balance sheets to manipulate FX rates. See omnystudio.com/listener for privacy information.

Amos Hochstein, Presidential Coordinator for Energy Security, says the US may be able to bring back old refineries to relieve pressure at the pump. Lithuanian President Gitanas Nauseda says Russia is acting disproportionately over the situation in Kaliningrad. Amrita Sen, Energy Aspects Chief Oil Analyst, says there is quite a lot of upside to oil demand. Andrew Hollenhorst, Citi Chief US Economist, discusses concerns about the labor market. See omnystudio.com/listener for privacy information.

Bill Dudley, Bloomberg Opinion, Bloomberg Economics Senior Adviser & Former New York Fed President, expects not deep recession in the US. Abby Joseph Cohen, Columbia Business School Professor & Retired Goldman Sachs Partner, says market valuations matter again. Lisa Shalett, Morgan Stanley Wealth Management Chief Investment Officer, says sell-side analysts have stopped doing work since the era of Reg FD. Tim Gould, IEA Chief Energy Economist, says we haven't been putting enough capital into the energy sector in recent years. Doug Kass, Seabreeze Partners President, says stocks are no longer priced to perfection and speculation and froth have been rooted out of the market. See omnystudio.com/listener for privacy information.

Tesla CEO Elon Musk speaks to Bloomberg Editor-in-Chief John Micklethwait about Twitter, Tesla, the economy and politics. Pooja Sriram, Barclays US Economist, says they are seeing signs of a consumer pullback. Ed Yardeni, Yardeni Research President, says a US recession would be short and shallow if it happens at all. Kevin Book, Clearview Energy Partners, says $6 a gallon of gas is not unreasonable. See omnystudio.com/listener for privacy information.

Sir Howard Davies, NatWest Group Chairman and Author of 'The Chancellors,' says the Bank of England needs a higher rate to give credibility to medium-term inflation outlook. Jonathan Golub, Credit Suisse Securities Chief US Equity Strategist, says markets are oversold. Heather Boushey, Council of Economic Advisers Member, says all energy options are currently on the table. Stephen Schork, The Schork Group Co-Founder and Principal, says there is more pain at the pump to come.See omnystudio.com/listener for privacy information.

 Kelsey Berro, JPMorgan Asset Management Fixed Income Portfolio Manager, says the risk of a recession is rising. Andrew Sheets, Morgan Stanley Chief Cross Asset Strategist, expects the Bank of Japan to stay patient for longer. Andrew Slimmon, Morgan Stanley Investment Management Senior Portfolio Manager, says it is too early to get aggressive in markets. Rep. French Hill, (R) Arkansas, says inflation is the top concern among constituents. See omnystudio.com/listener for privacy information.

Lara Rhame, FS Investments Chief US Economist, says central banks need to reclaim some credibility and calm the markets. Binky Chadha, Deutsche Bank Chief Global Strategist & Asset Allocation Head, explains why they expect a recession at the end of next year. Peter Tchir, Academy Securities Head of Macro Strategy, says we may see Bitcoin reach $10,000. Dom Konstam, Mizuho Americas Head of Macro Strategy, expects a very hawkish Fed. See omnystudio.com/listener for privacy information.