There's so much news happening around the world that we're somehow supposed to stay on top of.

That's why we launched The Big Take. It's a daily podcast from Bloomberg and I Heart

Radio that turns down the volume a bit to give you some space to think.

I'm Wes Kossova.

Each weekday I dig into one important story and talk about why it matters.

Listen to the big take on the I Heart Radio app,

Apple Podcasts, or wherever you listen.

This is Bloomberg Surveillance.

On average, 70% of the companies will beat on their Wall Street guests.

And that has been the case now for going on 20 years.

You can still make a million bucks a year in investment banking.

You can't make five anymore.

We're going to see a combination of two things happen over the next year or two.

One is waste growth will accelerate and that'll become more obvious.

The second thing is job growth will slow.

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

on Bloomberg Radio.

Good morning, I'm Michael McKee, along with Tom Keene.

It is 7 a.m. on Wall Street.

It is noon in London where the Bank of England has just released its latest monetary policy decision.

John Farrell calls them the B-O-Z. latest monetary policy decision.

John Farrell calls them the B-O-Z.

...