Bloomberg Surveillance

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Bloomberg Surveillance hosted by Tom Keene & Paul SweeneySeptember 17th, 2025
Featuring:
1) Matt Hornbach, Global Head of Macro Strategy at Morgan Stanley, on Treasury steepening and what it indicates about rate easing over the next 12 months. Stocks treaded water as markets saw muted moves across most asset classes, with traders taking bets off the table ahead of Wednesday’s Federal Reserve interest-rate decision. The risk is that policymakers sound less dovish to keep inflation in check, with a quarter-point cut at this meeting and three more by April already priced in.
2) Callie Cox, Chief Market Strategist at Ritholtz Wealth Management, brings us into the market open and talks about how a rate cut affects markets and the economy. The Fed is likely to balance this against still-elevated services inflation, maintaining a degree of flexibility in its messaging, with today’s meeting set to mark the official start of the easing cycle.
3) Randy Schwimmer, Vice Chair at Churchill Asset Management, talks about continued inflows into private credit. Meanwhile, traditional investment firms are under pressure to expand into private markets and alternative investments, with some attempting takeovers and partnerships that have yet to pay off.
4) Andrew Hollenhorst, Chief US Economist at Citi, joins to talk about yesterday's retail sales and recent eco data and what it means for the Fed today.

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Tom Keene breaks down the Single Best Idea from the latest edition of Bloomberg Surveillance Radio.

In this episode, we feature conversations with Alicia Levine & David Seif.

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- Steven Ricchiuto, Chief US Economist at Mizuho
- Ian Lyngen, Head: US Rates Strategy at BMO Capital Markets
- Kelly Ann Shaw, Partner at Akin Gump Strauss Hauer & Feld LLP
- Elyas Galou, Senior Investment Strategist at Bank of America

Steven Ricchiuto, Chief US Economist at Mizuho, discusses the outlook for the US economy as the Fed appears to begin its next easing cycle. Ian Lyngen, Head: US Rates Strategy at BMO Capital Markets, talks about the outlook for the 10-year yield and rate cuts in 2025. Kelly Ann Shaw, Partner at Akin Gump Strauss Hauer & Feld LLP, on President Trump's latest trade and economic priorities. Elyas Galou, Senior Investment Strategist at Bank of America, discusses the findings in the bank's recent Fund Managers Survey.

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Bloomberg Surveillance hosted by Tom Keene & Paul SweeneySeptember 16th, 2025
Featuring:
1) Alicia Levine, Head of Investment Strategy and Equity Advisory Solutions at BNY, on her S&P target and the sustainability of the equity rally. Stock bulls are riding high ahead of the Fed’s widely expected 25-basis-point cut on Wednesday, the first move in a policy easing round projected to run into 2026. Rate-sensitive tech shares have led the charge in the post-Liberation Day rebound, fueled by enthusiasm over the vast earnings potential tied to artificial intelligence.
2) Dana Telsey, CEO and Chief Research Officer at Telsey Advisory Group, brings us into retail sales and talks about consumer health and the luxury sector. With the jobs market softening and prices rising, questions remain over how long consumers will keep spending freely.
3) Liza Crawford, Co-Head of Globalized Securitized at TCW, brings us into the market open and talks asset backed finance and digital infrastructure.
4) Lisa Mateo joins with the latest headlines in newspapers across the US, including an FT story on Prime Vision Football and the Washington Post's coverage of DC's first phone free bar.

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Tom Keene breaks down the Single Best Idea from the latest edition of Bloomberg Surveillance Radio.

In this episode, we feature conversations with Henrietta Treyz & Anastasia Amoroso.

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- Christian Nolting, Global CIO at Deutsche Bank
- Bill Dudley, Bloomberg Opinion columnist and former NY Fed President
- Greg Peters, Co-CIO at PGIM Fixed Income
- Abigal Watt, Economist at UBS

Christian Nolting, Global CIO at Deutsche Bank, offers his equity outlook in the US and across global economies. Bill Dudley, Bloomberg Opinion columnist and former NY Fed President, discusses his latest commentary and previews the upcoming Fed meeting. Greg Peters, Co-CIO at PGIM Fixed Income, talks about opportunities across fixed income and warnings from the bond market. Abigail Watt, Economist at UBS, joins for a discussion on markets, the US economy, and business investment. 

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Bloomberg Surveillance hosted by Tom Keene & Paul SweeneySeptember 15th, 2025
Featuring:
1) Seema Shah, Chief Global Strategist at Principal Asset Management, joins for a discussion on the equity rally and the headwinds US and global markets face through 2025. A quarter-point reduction in interest rates is seen as likely when the Fed announces its policy decision, with a small potential for a half-point move amid signs US job growth is slowing rapidly.
2) Henrietta Treyz, co-founder at Veda Partners, discusses Congressional priorities and potential for a September shutdown. Republicans are moving forward with a plan to fund the government past an Oct. 1 deadline without making concessions to Democrats demanding health-care policy changes. Senate Democratic leader Chuck Schumer has demanded any funding measure address Democratic priorities like the Obamacare premiums, which Senate Majority Leader John Thune disparaged as “odd."
3) Anastasia Amoroso, Chief Investment Strategist at Partners Group, joins for a discussion on opportunities in private markets as well as the momentum carrying the equity rally. Markets have priced in reductions continuing into 2026 to ward off a recession, driving Treasury yields to the lowest in months and propelling US stocks to record highs. The risk to those wagers is that Fed officials signal that investors have gotten ahead of themselves with inflation stubbornly above the central bank’s target and the impact of tariffs still playing out on prices.
4) Lisa Mateo joins with the latest headlines in newspapers across the US, including a Business Insider story on why AI's economic boost isn't showing up in GDP and WSJ's story on empty nesters.

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Tom Keene breaks down the Single Best Idea from the latest edition of Bloomberg Surveillance Radio.

In this episode, we feature conversations with Claudia Sahm and Tina Fordham

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Featuring: 

- John Stoltzfus, Oppenheimer & Co. Chief Investment Strategist

- Robert Fishman, Moffettnathanson Senior Associate

- Andrew Hollenhorst, Citigroup Global Markets Chief US Economist

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Watch Tom and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.
Bloomberg Surveillance hosted by Tom Keene & Paul SweeneySeptember 12th, 2025
Featuring:
1) Tina Fordham, founder at Fordham Global Foresight, previews President Trump's visit to England.
2) Claudia Sahm, Chief Economist at New Century Advisors, looks ahead to the Fed meeting and interest rate decision.
3) Robert Teeter, Chief Investment Strategist at Silvercrest Asset Management, talks about what's moving markets and why.
4) Lisa Mateo on Newspapers, looking at why teens are dropping hundreds on back-to-school Hauls, and how it's E-Bike maybe in London.

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