Welcome to Crash Course, a podcast about business, political, and social disruption and what we can learn from it.

I'm Tim O'Brien. Every week on Crash Course, I'm going to bring listeners directly into the arenas where epic upheavals occur and

I'm going to explore the lessons we can learn when creativity and ambition collide

with competition and power.

Listen to Crash Course every Tuesday on the IHeartRadio app, Apple Podcasts,

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This is a

Bloomberg surveillance.

To say that there's not even a 50-50 chance that the federalist rates by the end of the year

I think is a gross underestimation of the U.S. economy.

I think the strong dollar story still holds.

It's just a question of really what's the broad macro-thomatic that's driving it?

We are believing that there is a global recession meaning the global economy is growing at slower than potential

absolutely no question about it.

Bloomberg surveillance, your link to the world of economics, finance, and investment on Bloomberg Radio.

Good morning, I'm Michael McKee. It is 7 a.m. on Wall Street.

It's 6 a.m. in Cushing, Oklahoma where all that oil in storage tanks is worth more this morning and that has investors

in a much better move will it last well that is our question on surveillance this

morning west texas intermediate is at $27.52. That's a 5% gain over

yesterday's closed. Brett crude at 3155 also up by 5% and that has equity investors smiling or at least buying.

Stock 600 is up six points in Europe right now that is a 2% gain on the day. The Dax is up 151 points on the day

one and three quarters percent. The Kac40 in Paris up 58 points, 1.4%. European GDP comes in as forecast a 3 tenths gain, 1.5% gain for the year, which is the equivalent to forecast but does show that the European

...