Bloomberg Surveillance

Dave Ricks, Eli Lilly Chairman & CEO, says science will win in the fight against Covid-19. Andrew Slimmon, Morgan Stanley Investment Management Senior Portfolio Manager, warns investors to resist the urge to overreact as the U.S. election nears. Chris Watling, Longview Economics CEO, examines the trade-offs of helicopter money. Tina Fordham, Avonhurst Advisory Services Head of Global Political Strategy, discusses how Biden and Trump differ on foreign policy.See omnystudio.com/listener for privacy information.

Ben Laidler, Tower Hudson Research CEO, is betting on the resilience of the consumer. Mike Swell, Goldman Sachs Asset Management Co-Head of Global Fixed Income Portfolio Management, says investors are writing off the bond market too early. Gregory Peters, PGIM Fixed Income Head of Multi-Sector and Strategy, says a blue sweep could benefit the consumer by fueling wage and economic growth. Rebecca Green, William & Mary Law School Professor, says post-election litigation is normal and can expect a contested election if one or more states have a close race.See omnystudio.com/listener for privacy information.

Lawrence Kudlow, National Economic Council Director, doesn't know if a stimulus bill can be passed before the election. Afsaneh Beschloss, RockCreek Group CEO, says investments in renewable energy have been moving faster than those in oil and gas during the pandemic. Lale Topcuoglu, JOHCM Senior Fund Manager, says the U.S. will likely reach a stimulus agreement no matter which party wins the election, but the size of the package will be dependent on the victor. Pat Foye, MTA Chairman & CEO, says the MTA will be forced to make drastic draconian service cuts if they do not receive stimulus funding soon.See omnystudio.com/listener for privacy information.

Mike Pyle, BlackRock Investment Institute Global Chief Investment Strategist, says the Fed will be watching the nominal yield curve carefully and will not allow a tremendous amount of steepening. Geoffrey Yu, BNY Mellon Senior Strategist, says the dollar will drive lower as China continues to grow. James Stavridis, Bloomberg Opinion Columnist, Carlyle Group Adviser & Former Supreme Allied Commander at NATO, says he would expect a return to international engagement with a Biden presidency. Jason Farley, Johns Hopkins Professor of Nursing, says children have an equal probability of spreading the virus as adults do.See omnystudio.com/listener for privacy information.

Mona Mahajan, Allianz Global Investors U.S. Investment Strategist, says there will not be much more movement from market levels until eyes of inflation are seen. Kevin Giddis, Raymond James Chief Fixed Income Strategist, says interest rates are likely to move higher across the board with a blue wave. Wendy Schiller, Brown University Chair of Political Science, says mail-in ballots make for a more for a engaged public and higher voter turnout for this and later elections. David Rubenstein, Carlyle Group Co-Chairman and Co-Founder and Host of "The David Rubenstein Show: Peer-to-Peer Conversations," discusses his interview with Whole Foods Market Co-Founder and CEO John Mackey.See omnystudio.com/listener for privacy information.

Joseph Stiglitz, Nobel Laureate & Columbia University Professor, says the strong stock market is almost a sign that things aren't going well in other parts of our economy. Amy Wu Silverman, RBC Capital Markets Equity Derivatives Strategist, says markets are currently under-pricing the risk of a contested election. Isaac Boltansky, Compass Point Research Managing Director for Policy Research, says there are not many tools the government can use to breakup big tech. Jonathan Golub, Credit Suisse Chief U.S. Equity Strategist, says a small business and unemployment stimulus won't be reached until after the presidential election. Dr. Amesh Adalja, Johns Hopkins Center for Health Security Senior Scholar, says that the science behind Covid-19 matters, despite President Trump's rhetoric denouncing it.See omnystudio.com/listener for privacy information.

cJanet Yellen, Former Federal Reserve Chair, says the pandemic needs to be controlled to get the economy back on track. Seema Shah, Principal Global Chief Strategist, says the pandemic and central banks will remain stronger drivers of markets than the U.S. election. Jon Lieber, Eurasia Group U.S. Managing Director, says Joe Biden could face a real political risk if a fiscal stimulus is passed before the November election. Joshua Sharfstein, Johns Hopkins Bloomberg School of Public Health Vice Dean, says the FDA has an important role to play in the vaccine safety message.See omnystudio.com/listener for privacy information.

Kathy Hochul, New York Lieutenant Governor, says New York state cannot risk its economic recovery because of hot spots with high infection rates. James Athey, Aberdeen Asset Management Investment Director, doesn't expect Fed policy to change based on the U.S. election outcome. Jeffrey Howard, UCL Associate Professor, discusses how Trump's rhetoric could have an effect on the results of the election. Chetan Ahya, Morgan Stanley Chief Economist & Global Head of Economics, says the economic data continues to support a v-shaped recovery.See omnystudio.com/listener for privacy information.

Gabriela Santos, JPMorgan Asset Management Global Market Strategist, says markets are wrestling with a brand new economic cycle. Chris Kotowski, Oppenheimer & Co. Senior Analyst, examines third-quarter results from U.S. banks. Vitor Gaspar, IMF Director of Fiscal Affairs, says public investment can play a key role in boosting growth. Jared Bernstein, Center on Budget and Policy Priorities Senior Fellow and Former Chief Economist & Economic Adviser to Vice President Joe Biden, discusses what Trump’s and Biden’s competing economic agendas reveal about the economy.See omnystudio.com/listener for privacy information.

Liz Ann Sonders, Charles Schwab Chief Investment Strategist, says investors should focus on balance sheet quality. Andrew Sheets, Morgan Stanley Chief Cross Asset Strategist, says the case for credit is better than other asset classes. Christian Bolu, Autonomous Research Senior Analyst, says job cuts are inevitable as the utilization of automation increases on Wall Street. Michael Feroli, JPMorgan Chief U.S. Economist, says U.S. unemployment will be elevated for several quarters to come.See omnystudio.com/listener for privacy information.