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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.

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Joining us now is Gabriela Santos. She's global chief

strategy to JPMorgan Funds and let me start just by asking you about the

Federal Reserve meeting we had this week in the hierarchy of sort of

what's important to investors right now.

Where do you position the Fed compared to say political events and what we saw in Europe and indeed

what we're looking forward to in France?

So I think the Fed is still relevant. It's perhaps less of a focus than it has

been over the past few years, which ultimately is a healthy thing. We should be

focusing a little bit back on fundamentals, on how the economy and earnings are actually doing.

...