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That's the power of global connections, Merrill Lynch Pierce Fenner and Smith, Inc. Member SIPC. Welcome to the Bloomberg Surveillance Podcast. I'm Tom Keene with David Gura.

Daily we bring you insight from the best of economics. Finance investment and international relations,

find Bloomberg surveillance on Apple Podcasts, SoundCloud, Bloomberg.com,

and of course on the Bloomberg.

There is something in the oxygen of Providence Rhode Island.

No one knows what it is, but it was a certain chemistry and ether, a theory

from long ago and far away. The patron saint of all that economics was when William Poole ended up with wonderful public service

at the Federal Reserve Bank of St. Louis years ago. David, why don't you bring

our two guests in other than to say that this is a special Brown University moment.

We say that to all of Brown economics

and Brown scholarship.

Probably a school song to be sung,

but we'll save that for later in the hour.

Bob Sinch with us, Global Strategy, Pierpond, Hiroshi Watanabe, the president of the Institute for International

Monetary Affairs joining us.

...