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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This is going to be Bloomberg surveillance.

When you look at the way governments operate today, there is not so much one global order as a lot of regional orders.

If we're looking at a fed cycle that's going to be pretty shallow in a Japanese economy

that still has a big current account surplus, the yen could appreciate for a while.

For Europe, I think we now are at zero interest rates for the rest of this decade.

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

Good morning everyone.

Bloomberg surveillance Michael McKee is off off today.

Francine Lacroix will join in a moment from London.

Thrilled to have you from London and Europe and worldwide as well much to talk

about Howard Ward will be with us one of our most popular at GAS. We will dive

into use of cash in belief in equities in a low nominal GDP environment.

You sell everything, go to cash.

I've been in the double leveraged all cash fund for three years.

That's worked out, really, really well. I'm kidding. It's my 401k is a train wreck.

Bloomberg surveillance brought you by Invesco to the day's headlines. Have you searching for more investment views

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