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Joseph Vavra: Could the COVID-19 crisis permanently affect the U.S. economy?

Hopefully, the COVID-19 pandemic will be a transitory event. But the economic disruption it causes could be persistent, if otherwise-successful small businesses are allowed to shutter, or if out-of-work people are forced to default on loans. Chicago Booth’s Joseph S. Vavra says that policy makers should be focused on...

Bond Market Tells You Demand Is Heavy, Hornbach Says

Matthew Hornbach, global head of macro strategy at Morgan Stanley, examines the government and high-yield bond markets. He speaks on “Bloomberg Surveillance.”

Me The Money Show – Episode 3

Markets Media Group Editors Dan Barnes and Lynn Strongin Dodds discuss the current issue of Best Execution magazine.

ECB Has to Do ‘Quite a Bit More,’ BlackRock’s Pyle Says

Michael Pyle, global chief investment strategist at BlackRock Inc., says the European Central Bank’s new loans only amount to “incremental steps in the right direction.” He speaks with Bloomberg’s Alix Steel on “Bloomberg Daybreak: Americas.”

ECB Announces New Pandemic Refinancing for Banks

The European Central Bank intensified its response to the coronavirus crisis, cheapening the cost of its emergency lending program for banks and unveiling a further facility to inject liquidity in the economy. Bloomberg’s Mike McKee reports on “Bloomberg Daybreak: Americas.”

Powell Says Fed Will Use Powers Forcefully to Combat Virus Impact

Federal Reserve Chairman Jerome Powell speaks in a video news conference about the decision by the Fed’s policy-setting Federal Open Market Committee to leave rates unchanged and continue buying bonds.

How London School of Economics Sees the Post-Virus Economy

London School of Economics Director Minouche Shafik outlines potential economic changes for the U.K. and global economy following the coronavirus pandemic. She speaks with Bloomberg’s Francine Lacqua on “Bloomberg Surveillance.”

‘This crisis is not a financial crisis’: Sandler O’Neill’s Jeff Harte

Jeff Harte, equity research principal at Sandler O’Neill, joins “Squawk Box” to discuss the health of the banking sector.

Fed action could lead to ‘zombie companies’: Allianz’s Mohamed El-Erian

Mohamed El-Erian, chief economic advisor at Allianz, joins “Squawk Box” to discuss Warren Buffett’s take on the markets and the impact of the Fed’s emergency response to the coronavirus crisis.

Adam Tooze On How This Crisis Is Different

In 2018, Columbia history professor Adam Tooze published his magisterial work “Crashed”, which framed the Great Financial Crisis as essentially a crisis of the global dollar system (as opposed to merely a housing bubble). Now we’re experiencing numerous systemic frailties all at the same time, amid extraordinary difficult times...

Why Wall Street might never be the same after coronavirus

CNBC’s Hugh Son joins ‘Power Lunch’ to discuss his profile of a female Goldman Sachs managing director who was one of the first to start working from home and what a virtual Wall Street could mean for the industry.

Federal Government Needs to Prioritize Helping States and Localities: Summers

Lawrence. H. Summers, former U.S. Treasury Secretary, calls for the federal government to prioritize helping state and local governments instead of stepping in to support the high-yield market. Summers also says he has no formal relationship with the Joe Biden campaign. He joins host David Westin for an exclusive...

Banks Are Under Stress But Operating Fine, State Street CEO Says

State Street Chairman and Chief Executive Officer Ron O’Hanley discusses the bank’s key role in the financial sector response to the coronavirus pandemic with Bloomberg’s Erik Schatzker on “Bloomberg Markets: What’d You Miss?”

Evercore CEO Says Depth of Recession From Virus ‘Unprecedented, Staggering’

Evercore Chief Executive Officer and President Ralph Schlosstein expects the economic recovery from the coronavirus pandemic to be slower than the fall into recession. He speaks with Bloomberg’s David Westin on “Balance of Power.”

E.U. Eyes $2.2 Trillion Plan; ECB Accepts Junk-Rated Bonds

The European Commission is floating a 2 trillion-euro ($2.2 trillion) plan for economic recovery as stringent lockdowns amid the coronavirus pandemic shuttered factories and halted travel, pitching the world’s largest trading bloc into the worst recession in living memory. The European Central Bank also took steps, saying it would...

China’s Creditor Squeeze Prompts Drop in Record Bond Defaults

China’s virus-hit economy was expected to have put the world’s second-largest bond market on course for a third-straight year of record defaults, but it’s not panning out that way. Bloomberg’s Tom Mackenzie reports on “Bloomberg Markets: China Open.”

Can Big Banks Survive the Coronavirus Crisis?

The creation of a “bad bank” would only benefit a handful of European lenders, says Societe Generale SA Chairman Lorenzo Bini Smaghi, because most institutions already adjusted their exposure to non-performing loans before the coronavirus crisis. Bini Smaghi made the comments after the Financial Times reported that European Central...

Fed’s Kaplan on Virus Pandemic’s Impact on Economy, Oil Industry

Federal Reserve Bank of Dallas President Robert Kaplan discusses the impact of the coronavirus pandemic on the U.S. economy and oil industry with Bloomberg’s David Westin on “Balance of Power.”

Fed needs to work with Congress, Treasury on solvency problem: Pro

CNBC’s Kelly Evans breaks down how markets are trading with Jason Brady of Thornburg Investment Management and Jim Caron of Morgan Stanley Investment Management.

Mortgage market getting relief from Fannie and Freddie

CNBC’s Diana Olick reports on relief efforts by Fannie Mae and Freddie Mac to support the number of mortgages in forbearance.

We are in for a long U-shaped recovery: Former Dallas Fed president

Former Dallas Fed President and CEO Richard Fisher and CNBC’s Rick Santelli discuss reopening the economy and the markets.

Watch the full interview of NY Fed’s John Williams on handling the coronavirus-fueled crisis

New York Federal Reserve President John Williams joins CNBC’s Steve Liesman to discuss how the Fed is responding the coronavirus-fueled economic downturn.

Watch CNBC’s full interview with Philadelphia Fed President Patrick Harker

Patrick Harker, Philadelphia Fed President, joins ‘Closing Bell’ to discuss the U.S. economy, the coronavirus pandemic and what will be needed to reopen the country.

‘Things can get much worse… we are seeing a lot of countries in distress,’: IMF’s Gita Gopinath

The International Monetary Fund said Tuesday that the novel coronavirus will likely push the global economy into its worst recession since the Great Depression, warning that prospects over a global rebound are highly uncertain.

NY Fed President John Williams: Seen material improvement in liquidity

CNBC’s Steve Liesman reports on recent comments from New York Fed President John Williams.

How To Stop The Fiscal Emergency Facing The U.S

With the U.S. economy going into a deep slump, the federal government has attempted to counteract the pain by increasing spending. But for cities and states, it’s virtually impossible for them to run counter-cyclical fiscal policy. Furthermore, the crisis is draining local coffers due to public health expenditure and...

Fed Injection Postponing Economic Problems, Not Solving: Summers

Lawrence. H. Summers, former U.S. Treasury Secretary, sees the Federal Reserve’s latest move as right for the short-run, but sees trouble ahead for economic fundamentals. He joins host David Westin for an exclusive take on “Bloomberg Wall Street Week.”

Powell Says Fed to Act ‘Forcefully’ to Support U.S. Recovery

Federal Reserve Chairman Jerome Powell said the central bank is committed to acting “forcefully” to help the U.S. economy recover from the coronavirus pandemic. Powell spoke Thursday in a virtual presentation.

Sternlicht Says the Fed Is on the Way to Overstimulating

Barry Sternlicht, Starwood Capital Group Management chairman and chief executive officer, cautions that the Federal Reserve’s policy actions run the risk of overstimulating the economy and says the market is ahead of itself on the slope of the recovery. He speaks during an interview with Bloomberg’s Erik Schatzker on...

Barings CEO Says Fed Can Only Blunt Inevitable Spike in Defaults

Barings Chief Executive Officer Tom Finke says the Federal Reserve’s creativity with monetary policy can only blunt the inevitable credit crunch that will result from the coronavirus pandemic. He speaks during an interview with Bloomberg’s Romaine Bostick and Scarlet Fu on “Bloomberg Markets: The Close.”