Bloomberg SurveillanceBloomberg Surveillance

Bloomberg Surveillance TV: September 12, 2024

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-Mohamed El-Erian, Queens' College, Cambridge President & Bloomberg Opinion Columnist
-Pooja Kumra, Senior Strategist, TD Securities European & UK Rates Senior Strategist
-Lindsey Piegza, Stifel Chief Economist
-Michael Shaoul, ION Macro Fund Founder, CEO & Portfolio Manager

Mohamed El-Erian of Queens' College, Cambridge says excessive data point-dependence from the Fed will cause volatility to persist until "a dominant economic paradigm" emerges. Pooja Kumra of TD Securities reacts to the ECB's decision to cut rates by 25bp. Lindsey Piegza of Stifel and Michael Shaoul of ION Macro Fund react to weekly jobless claims and US PPI data as the Fed's September decision nears. 

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The economy and the markets are "under surveillance" as we cover the latest in finance, economics an 
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