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

In this episode, we feature conversations with Nancy Lazar & Doug Irwin.

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- Jean Boivin, Global Head: Research at BlackRock Investment Institute
- Ed Mills, Washington Policy Analyst at Raymond James
- Kelly Ann Shaw, Partner at Akin Gump Strauss Hauer & Feld
- Nancy Lazar, Chief Global Economist at Piper Sandler

Jean Boivin, Global Head: Research at BlackRock Investment Institute, talks about how markets are pricing in President Trump firming his tariff deadline and what clarity means for investors. Ed Mills, Washington Policy Analyst at Raymond James, joins to discuss President Trump's economic priorities as he finalizes tariff rates and implementation. Kelly Ann Shaw, Partner at Akin Gump Strauss Hauer & Feld, talks about the latest turn in President Trump's tariff policy. Nancy Lazar, Chief Global Economist at Piper Sandler, talks about expectations for US and global growth and inflation.

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Watch Tom and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.
Bloomberg Surveillance hosted by Tom Keene & Paul SweeneyJuly 9th, 2025
Featuring:
1) Nancy Lazar, Chief Global Strategist at Piper Sandler, joins to talk about the lack of job growth in the private sector and whether we could see an economic boom from a tax cut-tariff policy. Investors will parse minutes of the Federal Reserve’s June policy meeting for indications on whether officials are closer to lowering interest rates, with swaps almost fully pricing two quarter-point cuts until the end of the year.
2) Ian Lyngen, Head of US Rates at BMO Capital Markets, talks about the impact of the reflationary narrative on Treasuries. Treasuries are holding their ground following the longest streak of declines since April as investors look ahead to a US debt auction and the minutes from last month’s Federal Reserve meeting.
3) Doug Irwin, Professor of Economics at Dartmouth, joins to discuss the latest developments on President Trump's unfolding tariff strategy. President Trump sowed fresh chaos in metals markets by indicating the US would implement a higher-than-expected 50% tariff on copper imports, spurring a record spike in New York futures and a drop in the global benchmark. The plan, announced in an apparently off-the-cuff comment to reporters, marks the latest twist in a tumultuous period for industrial commodities, as the US leader aims to encourage more mining and smelting at home.
4) Leslie Vinjamuri, President and CEO of the Chicago Council on Global Affairs, joins in her new role to discuss the political and economic priorities of the Trump administration, as well as the admin's global intervention in Iran and Ukraine.
5) Oleksandr Komarov, CEO at Kyivstar, joins to discuss his company's role in Ukraine's recovery and construction as the US recommits to sending weapons amid continued Russian attacks. Russia launched a record number of drones and missiles at Ukraine on Wednesday after US President Trump reiterated his displeasure with Vladimir Putin and confirmed he’s sending more defensive weapons to Kyiv.

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