Concerns over US Growth as US Tariffs Appear More Targeted

Bloomberg Surveillance

#Bloomberg #Business News #Business #News #Tom Pauls

22:08

Host Francesca Amiker sits down with directors Joe and Anthony Russo, producer Angela Russo-Otstot, stars Millie Bobby Brown and Chris Pratt, and more to uncover how family was the key to building the emotional core of The Electric State . From the Russos’ own experiences growing up in a large Italian family to the film’s central relationship between Michelle and her robot brother Kid Cosmo, family relationships both on and off of the set were the key to bringing The Electric State to life. Listen to more from Netflix Podcasts . State Secrets: Inside the Making of The Electric State is produced by Netflix and Treefort Media.…

9 days ago 44:55

MP3•Episode home

Watch Tom and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.
Bloomberg Surveillance hosted by Tom Keene & Paul SweeneyMarch 24th, 2025
Featuring:

1) Joe Lavorgna, Chief Economist at SMBC Nikko Securities and former Trump economic advisor, on why he believes Trump's tariff initiatives will ultimately prove bullish for the US economy, won't be inflationary, and could usher in a new economic "Golden Age" in the US. President Trump is preparing to announce "reciprocal tariffs" on April 2, targeting countries that have tariffs or barriers on US goods, but excluding some nations and blocs. The tariffs are expected to take effect immediately and may strain ties with allied nations, but the administration is not planning separate sectoral-specific tariffs at the same event.

2) Liz Ann Sonders, Chief Investment Strategist at Charles Schwab, joins for an extended discussion on fears of a US recession and the outlook for equities. Markets are still on edge ahead of Trump’s April 2 deadline to impose reciprocal tariffs on a raft of other countries, but officials familiar with the matter said the announcement is shaping up to be more targeted than previously thought.

3) Henrietta Treyz, co-founder at Veda Partners, on the latest DC headlines and Congress' role in US trade policy amid looming tariffs and updates on negotiations over the war in Ukraine. US and Russian officials met in Saudi Arabia for closed-door talks, following American and Ukrainian teams' discussions the previous day. The talks aim to achieve a ceasefire in the war

4) Stephen Trent, Analyst at Citi, discusses the outlook for individual US airlines in 2025 after recent poor guidance. American Airlines and Delta Air Lines have slashed their financial forecasts, citing a rapid reversal of demand trends and a broad weakness in consumer spending. Poor recent updates from airlines and retailers have added to market sentiment.

5) Lisa Mateo joins with the latest headlines in newspapers across the US, including young investors' favorite retirement vehicle and the advantage Duke has in the NCAA tournament.

See omnystudio.com/listener for privacy information.

3685 episodes

Concerns over US Growth as US Tariffs Appear More Targeted

Bloomberg Surveillance

3,207 subscribers

published 9 days ago

MP3•Episode home

Watch Tom and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.
Bloomberg Surveillance hosted by Tom Keene & Paul SweeneyMarch 24th, 2025
Featuring:

5) Lisa Mateo joins with the latest headlines in newspapers across the US, including young investors' favorite retirement vehicle and the advantage Duke has in the NCAA tournament.

See omnystudio.com/listener for privacy information.

3685 episodes

#Bloomberg #Business News #Business #News #Tom Pauls

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1
Single Best Idea with Tom Keene: Richard Clarida & Michael Nathanson 4:50

21 hours ago4:50

4:50

Tom Keene breaks down the Single Best Idea from the latest edition of Bloomberg Surveillance Radio. In this episode, we feature conversations with Richard Clarida & Michael Nathanson. Watch Tom and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF See omnystudio.com/listener for privacy information.…

1
Bloomberg Surveillance TV: April 1, 2025 26:58

22 hours ago26:58

26:58

- Ed Yardeni, Chief Investment Strategist at Yardeni Research - Tobin Marcus, Head: Policy & Politics at Wolfe Research - Francisco Blanch, Head: Global Commodities & Derivatives Research at Bank of America - Emily Roland, Co-Chief Investment Strategist at John Hancock Investment Management Ed Yardeni of Yardeni Research discusses why he's again lowering his S&P target for 2025. Tobin Marcus with Wolfe Research previews President Trump's "Liberation Day" tariff announcement and what investors should expect. Bank of America's Francisco Blanch talks about opportunities in commodities as equity uncertainty grows over economic policy. Emily Roland, Co-Chief Investment Strategist at John Hancock Investment Management, talks about whether investors should be rethinking their equity allocation amid incoming tariff policy. See omnystudio.com/listener for privacy information.…

1
Markets Await Incoming Trump Tariff Policy 49:30

23 hours ago49:30

49:30

Watch Tom and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF . Bloomberg Surveillance hosted by Tom Keene & Paul SweeneyApril 1st, 2025 Featuring: 1) Rich Clarida, Global Economic Advisor at PIMCO and former Fed Vice Chair, joins for an extended discussion on how the Fed will digest this week's tariff announcement and the March payrolls data. President Trump's upcoming announcement on tariffs has created uncertainty, leading investors to be cautious and strategists to lower their estimates. 2) Michael Nathanson, partner at MoffettNathanson, joins to discuss his note on YouTube dominance. Measured by revenue, YouTube was the second-biggest media company in the world last year. It brought in $54.2 billion in 2024 — just $5.5 billion behind Disney. And in 2025, Nathanson predicts, YouTube should eclipse Disney, and become the biggest media company in the world. 3) Nancy Lazar, Chief Global Economist at Piper Sandler & Co, joins for an extended discussion on the outlook for the US economy and inflation. President Trump will announce a reciprocal tariff plan on April 2 in the White House Rose Garden, featuring "country-based" tariffs. Uncertainty surrounding his plans, which have often changed and been subject to last-minute carveouts, have triggered fears they could blow up supply chains and raise prices for US consumers. That angst has fueled a weeks-long sell off on Wall Street that extended into Monday. 4) Chris Ailman, former CIO at CalSTRS and founder of Ailman Advisers, discusses his role as the Chair of the 300 Club and what he's hearing is front of mind for global CIOs. One consideration for businesses and investors: the stream of executive orders and reversals coming from the White House — Trump announced a 25% tariff on Canadian and Mexican goods last month, then exempted those covered by USMCA — have required customs experts and trade lawyers. While some companies have their own in-house teams, others have sought outside help in reviewing their products to ensure that enough of them are made in North America. 5) Lisa Mateo joins with the latest headlines in newspapers across the US, including YouTube about to become the world's biggest media company and Disney getting the last laugh on Snow White. See omnystudio.com/listener for privacy information.…

1
The Stock Movers Podcast from Bloomberg 6:35

2 days ago6:35

6:35

Check out the new Stock Movers Podcast from Bloomberg. Subscribe for five-minute episodes on today's winners and losers in the stock market. Listen on Apple: https://apple.co/4kJ43ON Listen on Spotify: https://tinyurl.com/mr385jv6 Listen on other platforms: https://link.podtrac.com/h0zn7xir See omnystudio.com/listener for privacy information.…

1
Single Best Idea with Tom Keene: Kriti Gupta & Neil Dutta 4:40

2 days ago4:40

4:40

Tom Keene breaks down the Single Best Idea from the latest edition of Bloomberg Surveillance Radio. In this episode, we feature conversations with Kriti Gupta & Neil Dutta. Watch Tom and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF See omnystudio.com/listener for privacy information.

1
Bloomberg Surveillance TV: March 31, 2025 30:24

2 days ago30:24

30:24

- Mike Wilson, Chief US Equity Strategist at Morgan Stanley - Henrietta Treyz, co-founder at Veda Partners - Darrell Cronk, CIO: Wealth & Investment at Wells Fargo - John Murphy, Lead Analyst: Equity Research at Bank of America Securities Morgan Stanley's Mike Wilson discusses why he sees limited near-term US stock upside and whether US economic growth will remain strong. Henrietta Treyz of Veda Partners talks about the outlook for tax legislation and tariffs. Darrell Cronk, CIO: Wealth & Investment at Wells Fargo, talks about asset allocation and what investors are most concerned amid growing market uncertainty. John Murphy with Bank of America talks about how President Trump's auto tariffs will affect sector domestically and globally. See omnystudio.com/listener for privacy information.…

1
Global Stocks Sell Off as US Tariffs Loom 36:30

2 days ago36:30

36:30

Watch Tom and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF . Bloomberg Surveillance hosted by Tom Keene & Paul SweeneyMarch 31st, 2025 Featuring: 1) Neil Dutta, Head: Macro Research at Renaissance Macro Research, joins for an extended discussion on the outlook for the US economy and the incoming impact of tariffs. The risk of tariff-linked damage has propelled the S&P 500 to its worst quarter since 2022, wiping $5 trillion off its value from a Feb. 19 record high. 2) Brian Belski, Chief Investment Strategist at BMO Capital Markets, talks about whether it's finally time to give up the bullish take on equities. Wall Street forecasters, including Goldman Sachs' David Kostin, are lowering their S&P 500 targets due to increased recession risk and tariff-related uncertainty. Other strategists, including Morgan Stanley's Michael Wilson and JPMorgan Chase's Mislav Matejka, are also taking a more cautious tone on the S&P 500. 3) Henrietta Treyz, co-founder at Veda Partners, discusses DC headlines, tariffs, and taxes. President Donald Trump plans to start his reciprocal tariff push with "all countries". The Trump administration has not yet outlined what tariffs are coming, how they'll be calculated, or what countries will need to do to secure exemptions. 4) Kriti Gupta, host on Bloomberg TV and Radio from London, joins for a discussion on the global selloff in markets and Marine Le Pen's possible presidential bid. The far-right leader Le Pen was convicted of embezzlement by a Paris court. Prosecutors previously asked for Le Pen to get an immediate 5-year ban on running for office. Le Pen had denied any wrongdoing and said the prosecution is seeking her “political death.” 5) Lisa Mateo joins with the latest headlines in newspapers across the US, including a Wall Street Journal article about Costco's Kirkland brand and the Yankees' torpedo-shaped bats. See omnystudio.com/listener for privacy information.…

1
Bloomberg Surveillance TV: March 28, 2025 32:33

5 days ago32:33

32:33

- Victoria Fernandez, Chief Market Strategist at Crossmark Global Investments - Angelo Zino, Vice President of Equity Research at CFRA - French Hill, US Representative: Arkansas and Chairman of House Financial Services Committee - Jim Bullard, Dean of the Purdue University Business School Victoria Fernandez of Crossmark Global Investments discusses the outlook for equities amid looming US tariffs. Angelo Zino with CFRA talks about Nvidia-backed CoreWeave IPO. French Hill, Republican US Representative: Arkansas and Chairman of House Financial Services Committee, discusses the economic priorities of the House and how Federal policy could reshape the US economy. Jim Bullard, Dean of the Purdue University Business School and former president of the Federal Reserve Bank of St. Louis, reacts to PCE data today. See omnystudio.com/listener for privacy information.…

1
Reacting to PCE Data and Previewing Trump's April 2 Tariffs 51:43

5 days ago51:43

51:43

Watch Tom and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF . Bloomberg Surveillance hosted by Tom Keene & Paul SweeneyMarch 28th, 2025 Featuring: 1) Tiffany Wilding, Economist at PIMCO, Stephanie Roth, Chief Economist at Wolfe Research, and Lauren Goodwin, Chief Market Strategist at New York Life Investments, react to PCE and offer their US market and economic outlook. Today's data comes as Fed officials, such as the president of the Federal Reserve Bank of Boston Susan Collins, have recently warned about inflation reigniting due to President Trump's unclear tariff policy. 2) Sevasti Balafas, CEO at GoalVest Advisory, brings us into the market open and talks asset allocation and offers her stock picks. It comes amid a global selloff in equities as investors have been selling equities in the run up to April 2, ahead of President Donald Trump’s tariff deadline. 3) Mike Haridopolos, Republican US House Representative from Florida, talks about a slew of DC headlines, including tariffs, and his focus on the Consumer Financial Protection bureau and its future. Some of the top Washington stories include Defense Secretary Pete Hegseth urging China deterrence on a trip clouded by Signal uproar and US seeking to control Ukraine investment and squeezing out Europe. 4) Selma Hepp, Chief Economist at Cotality, discusses the outlook for mortgage rates in 2025 and 2026 and why they may remain sticky amid so much economic uncertainty. Freddie Mac said in a statement this week that the average for 30-year loans was 6.65%, down from 6.67% last week. It was the first time in three weeks that mortgage rates fell, as house hunters are finding more choices on the market in time for the country’s key spring selling season. 5) Lisa Mateo joins with the latest headlines in newspapers across the US, including the Wall Street Journal article on the significance of women wearing ties and a piece from the New York post on President Trump's childhood home selling at a steep discount. See omnystudio.com/listener for privacy information.…

1
Bloomberg Surveillance TV: March 27, 2025 27:39

6 days ago27:39

27:39

- Monica DiCenso, Head: Global Investment Opportunities at JP Morgan Private Bank - Donald Schneider, Deputy Head: US Policy at Piper Sandler - Dan Ives, Head: Global Technology at Wedbush Securities - Amanda Lynam, Head: Macro Credit Research at BlackRock Monica DiCenso with JP Morgan Private Bank talks about concerns over US growth as traders await PCE data and weigh tariff uncertainty. Donald Schneider, Deputy Head: US Policy at Piper Sandler, offers his analysis of President Trump's 25% auto tariffs and looks ahead to the April 2nd tariff announcement. Dan Ives of Wedbush Securities on Elon Musk's impact on Tesla stock and whether he remains bullish on the company and Big Tech. Amanda Lynam, Head: Macro Credit Research at BlackRock, talks about credit spreads and confidence in US corporate credit amid tariff policy uncertainty. See omnystudio.com/listener for privacy information.…

1
Market Fears Grow after President Trump's Auto Tariffs 33:46

6 days ago33:46

33:46

Watch Tom and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF . Bloomberg Surveillance hosted by Tom Keene & Paul Sweeney March 27th, 2025 Featuring: 1) Julia Pollak, Chief Economist at ZipRecruiter, reacts to US jobless claims and President Trump's 25% auto tariffs announcement and looks ahead to PCE. The 25% auto tariffs will come into effect on April 3, initially targeting fully assembled vehicles, and will expand to include major automobile parts by May 3. Meanwhile, traders await February PCE data, with Bloomberg Economics writing that Core PCE is expected to show accelerated inflation. 2) Wendy Schiller, professor at Brown University, reacts to President Trump's auto tariffs announcement and how Washington will or will not push back, as well as the Signal text controversy. The EU, Canada, and other countries have criticized the 25% auto tariff implementation, coming April 3. President Trump and top allies are struggling to defend against criticism over the inclusion of a journalist in a Signal chat discussing military attacks in Yemen, after texts showed Defense Secretary Pete Hegseth revealing specific operational details. 3) Melissa Otto, Head of TMT Research at Visible Alpha, on recent Mag 7 slides and yesterday's NASDAQ drop, and discusses whether big tech is actually "tariff-proof" or if they'll feel their effects. Tesla inched higher on the news as the Elon Musk-led electric vehicle company could avoid some of the tariff costs due to its US production. 4) Leslie Palti-Guzman, senior non-resident fellow at CSIS and NY University SPS Center for global affairs, joins for a discussion on energy and Russian gas flows as the Trump administration negotiates an end to the war in Ukraine, as well as how Houthi shipping disruptions could change after the Signal text controversy. 5) Ben McMillan, CIO at IDX Advisors, on how equities are reacting this morning to yesterday's tariff announcement and "uncertainty paralysis" in markets. The S&P 500 and other major stock benchmarks fell yesterday as concerns about the impact of a trade war on the economy and inflation resurfaced, driven in part by President Trump's 25% tariff announcement on auto imports. See omnystudio.com/listener for privacy information.…

1
Bloomberg Surveillance TV: March 26, 2025 27:26

7 days ago27:26

27:26

- Chris Maher, Chairman and CEO at Oceanfirst Bank - Jeannette Lowe, Director of Policy Research at Strategas Securities - Amrita Sen, Director of Research and Founder at Energy Aspects - Subadra Rajappa, Head: US Rates Strategy at Societe Generale Chris Maher of Oceanfirst Bank joins for a discussion on how tariffs could impact his business and the outlook for clients and US consumers. Jeannette Lowe with Strategas Securities joins to discuss the latest on policy clarity from the Trump administration. Energy Aspects founder Amrita Sen talks about uncertainty surrounding global energy prices in the coming months. Subadra Rajappa, Head: US Rates Strategy at Societe Generale, talks about the interest rate path in the US as the Fed awaits policy clarity from the White House. See omnystudio.com/listener for privacy information.…

1
Consumer Confidence Plummets as Market Uncertainty Grows 34:49

7 days ago34:49

34:49

Watch Tom and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF . Bloomberg Surveillance hosted by Tom Keene & Paul SweeneyMarch 26th, 2025 Featuring: 1) Danielle DiMartino Booth, CEO & Chief Strategist at QI Research, on the Fed, outlook for rates, and a struggling US consumer. US consumer confidence fell in March to the lowest level in four years due to concerns about higher prices and the economic outlook amid the Trump administration's escalating tariffs. 2) Skyler Weinand, CIO at Regan Capital, brings us into the market open and talks about why the Fed's next move might be a hike. It comes as Federal Reserve Governor Adriana Kugler supports holding interest rates steady for "some time" amid rising inflation expectations and recent uptick in goods inflation. Kugler notes that University of Michigan survey data shows consumers expect prices to increase at an annual rate of 3.9% over the next five to 10 years, the highest in more than three decades. 3) Joy Yang, Head of Index Product Management at MarketVector Indexes, talks about market trends amid rising uncertainty and a declining VIX. Worries over the economic effects of the global trade war are further reducing liquidity in US stocks, creating a headache for institutional investors. Current conditions could ease if tariffs prove less severe than feared or economic worries dissipate, but until then, it's going to be challenging for traders. 4) Ayesha Kiani, professor at NYU and COO at MNNC Group, talks about the major asset managers intensifying their crypto offerings, tokenization projects, and the outlook for Bitcoin. Bitcoin's recent rally is at risk of being short-lived due to broader market uncertainty, lack of bullish momentum, and low volumes. The market remains fragile, with low retail activity, thin volume, and cautious sentiment, making it susceptible to volatility and potential "bull traps". 5) Lisa Mateo joins with the latest headlines in newspapers across the US, including Federal workers responding to Elon Musk's latest request and new alternatives to building homes. See omnystudio.com/listener for privacy information.…

1
Single Best Idea with Tom Keene: Michael Darda & Cam Dawson 4:20

8 days ago4:20

4:20

Tom Keene breaks down the Single Best Idea from the latest edition of Bloomberg Surveillance Radio. In this episode, we feature conversations with Michael Darda & Cam Dawson. Watch Tom and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF See omnystudio.com/listener for privacy information.

1
Bloomberg Surveillance TV: March 25, 2025 30:39

8 days ago30:39