Bloomberg Surveillance

George Saravelos, Deutsche Bank Global Head of FX Research, says the U.S. inflation picture is very different from anything we've seen before. Sarah House, Wells Fargo Senior Economist, says the pace of Fed hiking will be a key theme at the next meeting. Nadia Lovell, UBS Senior U.S. Equity Strategist, says the recent equity market selloff "might be behind us" and that investors should take advantage of the pullback. Tina Fordham, Avonhurst Head of Global Political Strategy, says the conflict between Russia and Ukraaine is entering serious territory.See omnystudio.com/listener for privacy information.

Brian Deese, White House National Economic Council Director, says the Biden administration has a plan to deal with inflation. Peter Tchir, Academy Securities Macro Strategy Head, we may soon discover the economy isn't as good as we thought. Nela Richardson, ADP Chief Economist, says small businesses are holding their own in the pandemic recovery. Dan Tannebaum, Oliver Wyman Head of Americas Anti-Financial Crime, says nothing in Biden's press conference is likely to change Putin's behavior toward Ukraine. Craig Moffett, MoffettNathanson Senior Research Analyst, says the FAA is at fault for not promptly addressing 5G airline concerns, not the FCC.See omnystudio.com/listener for privacy information.

Matthew Luzzetti, Deutsche Bank Chief U.S. Economist, says the Fed needs to tighten to rein in demand. Andrew Sheets, Morgan Stanley Chief Cross Asset Strategist, explains why he expects the U.S. to under-perform this year. Leslie Falconio, UBS Financial Services Head of U.S. Fixed-Income Asset Allocation, says the Fed's tightening cycle will last longer than the market is expecting. David Rubenstein, Carlyle Group Co-Founder and Co-Chairamn and Host of "The David Rubenstein Show: Peer-to-Peer Conversations," discusses his interview with Ford Foundation President Darren Walker.See omnystudio.com/listener for privacy information.

Bill Winters, Standard Chartered CEO, says Hong Kong is still a gateway to China and that he doesn't expect that to change. David Malpass, World Bank President, expects U.S. rate hikes to be challenging for emerging market countries. Savita Subramanian, Bank of America Securities U.S. Equity & Quantitative Strategy Head, says investors are being too optimistic about margins. Kathy Jones, Charles Schwab Senior Vice President and Chief Fixed Income Strategist, says the Fed can't live up to the market's rate hike expectations.See omnystudio.com/listener for privacy information.

Alison Williams, Bloomberg Intelligence Senior Global Banks & Asset Managers Analyst on Bank Earnings, discusses the key takeaways from JPMorgan, Citi and Wells Fargo earnings. Scott Clemons, Brown Brothers Harriman Chief Investment Strategist, says to expect more market volatility in 2022. Dana Peterson, The Conference Board Chief Economist, expects economic activity to pick up again in the second quarter as we move past omicron. Ash Alankar, Janus Global Head of Asset Allocation & Risk Management, says the fed has a bad track record when it comes to striking the balance between tackling inflation and keep the markets on track. Andrew Pekosz, Johns Hopkins Bloomberg School of Public Health Professor & Virologist, says to expect more variants to come after omicron.See omnystudio.com/listener for privacy information.

Abby Joseph Cohen, Columbia University Professor & Former Goldman Sachs Senior Investment Strategist, says the Fed is doing a great job with its signaling. Lisa Shalett, Morgan Stanley Wealth Management CIO, still sees a 10%-15% correction ahead for mega cap tech names. Tony Crescenzi, PIMCO Market Strategist, Portfolio Manager and Member of the Firm's Investment Committee, says there's a battle brewing over rate hike expectations between the market and the Fed. Robert Hormats, Tiedemann Advisors Managing Director, explains why Russia is trying to prevent instability in Kazakhstan.See omnystudio.com/listener for privacy information.

Michael Gapen, Barclays Chief U.S. Economist, says the Fed is basically there in terms of their dual inflation and labor market mandate. Stephen Roach, Yale University's Jackson Institute for Global Affairs Senior Fellow, says there is no longer any functional difference between operating business in Hong Kong and cities in mainland China. Jim McDonald, Northern Trust Chief Investment Strategist, doesn't expect inflation to really cause problems for earnings or interest rates. Dr. Bhakti Hansoti, Johns Hopkins Associate Professor of Emergency Medicine, expects the omicron wave to be done by July. David Rubenstein, Carlyle Group Co-Founder Co-Chairman and Host of "The David Rubenstein Show: Peer to Peer Conversations," discusses his interview with Mellody Hobson, Ariel Investments Co-CEO and Starbucks Chair.See omnystudio.com/listener for privacy information.

Loretta Mester, Federal Reserve Bank of Cleveland President, says the economy is on a really good track and that inflation looks more persistent going forward. David Herro, Harris Associates Chief Investment Officer for International Equities, expects European investments to do well as the economy opens up. Brent Schutte, Northwestern Mutual Chief Investment Strategist, thinks the market has legs to go higher in the near term. Amrita Sen, Energy Aspects Chief Oil Analyst, expects summer oil demand to be strong after omicron subsides.See omnystudio.com/listener for privacy information.

Bill Dudley, Bloomberg Opinion Columnist, Bloomberg Economics Senior Advisor and Former New York Fed President, says the Federal Reserve needs to get a lot more hawkish. Lori Calvasina, RBC Capital Markets Head of U.S. Equity Strategy, says the painful repricing we're seeing in markets still has a ways to go. Albert Bourla, Pfizer CEO, says investment in MRNA technology is a top priority. Francisco Blanch, Bank of America Commodities Research Head, expects to see triple digit oil in the second quarter. Dan Kurtz-Phelan, Foreign Affairs Editor, discusses the challenges China's President Xi is facing.See omnystudio.com/listener for privacy information.

Jeff Rosenberg, BlackRock Portfolio Manager of the Systematic Multi-Strategy Fund, reacts to the U.S. jobs numbers. Tara Sinclair, George Washington University Professor of Economics, says the job market has reached its “temporary” maximum. Tiffany Wilding, PIMCO Chief U.S. Economist, says the jobs report solidifies the March Fed rate hike that the market was already pricing in. Andrew Pekosz, Johns Hopkins Bloomberg School of Public Health Professor & Virologist, says the omicron surge may be at its tipping point.See omnystudio.com/listener for privacy information.