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 I Heart Radio app, Apple Podcasts,

or wherever you get your podcasts.

This is Bloomberg surveillance.

We do believe that there's an earnings recession that the banks face this year and next year.

So earnings are going to be under pressure for the next two years.

Does oil catch up with copper?

Does copper catch up with oil?

We would say that copper is going to catch up with oil to the downside.

15% movement of the Yuan versus the yen in the last nine months or so I think is one of those

factors that's pushing the Japanese economy back into recession.

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

investment on Bloomberg Radio.

Good morning everyone, Michael McKee and Tom Keen on Economics, Finance and Investment on a negative

statistic for US GDP.

I'll get to that here in a moment.

Let me do a 4X brief right now before we do this economics from Peter

Bookfire, the Lindsay group.

This morning, the 4X brief brought you by Interactive Brokers, winner of FX Week's 2015 Award.

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