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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Welcome.

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.

Joining us now is Ian Shepherson with Pantheon Macroeconomics.

It's great to have you with us here, Ian.

Good morning, Dave, thanks for having me. Let me start with us here again. Good morning, sir,

let me start with Janet Yellen's testimony today.

The Democrats on the committee billing this as best they could as a moment to hear her on the heels of the election, ahead of the FOMC meeting. Let me ask you

about that in just a moment here but let me get to Walmart's earnings

...