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Member SIPC. Welcome to the Bloomberg Surveillance Podcast.

I'm Tom Keene with David Gura.

Daily, we bring you insight from the best in economics, finance,

investment, and international relations.

Find Bloomberg Surveillance on iTunes,

soundcloud Bloomberg.com and of course on the Bloomberg.

On the show today two former vice chairs of the Federal Reserve, Alice

Rivelin and Alan Blinder will join us and we'll get market insight from

Brian Jacobson of Wells Fargo. But first we welcome James Sweeney, Chief

Economist, and co-head of Global Economics

at Credit Suisse here in the studio with us in New York. Great to see you.

Thank you. Let's start with your outlook and a phrase that stood out to me.

That is that we're looking at a new narrative here, not a new normal. Give us a sense of what you're looking

forward to here in the new year. Well, it was really trying to think through what will the market be focusing on. And I think this era of low interest rates, deflation fears,

...