The latest in finance, economics and investment. Watch Tom and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg Surveillance hosted by Tom Keene &amp; Paul SweeneyTuesday, June 23, 2026 Featuring: 1) Phil Camporeale, Chief Investment Strategist at JPMorgan Wealth Management, talks tech multiples, the market pullback, and peak rates and inflation. 2) Ellen Fraser, Partner and Energy expert at Baringa Partners, discusses the recent moves in oil as US greenlights Iran to sell on the open market. 3) Gary Gensler, former SEC Chair and MIT Professor, talks about the passing of Alan Greenspan, his legacy, and a new era of &quot;irrational exuberance.&quot; 4) Bill Dudley, Bloomberg Opinion columnist and former NY Federal Reserve president, talks about the passing of Alan Greenspan and his role in changing Fed communication, as well as how it&#x27;s being reshaped by the Warsh Fed. See omnystudio.com/listener for privacy information.

Market Pullback and Alan Greenspan's Legacy

Bloomberg Surveillance

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This is the Bloomberg Surveillance Podcast. Catch us live weekdays at 7 a.m. Eastern on Apple CarPlay or Android Auto with the Bloomberg Business app. Listen on demand wherever you get your podcasts or watch us live on YouTube. Joining us right now, Phil Camporio is with J.P. Morgan as well. Your mid-year review, you got to be coming out with 50, 60, 70 pages. What's the paragraph that you most debated about?

You get 20 people in a room. What was that single paragraph on page 32 where there was J.P. Morgan collegial debate? It had to be the Federal Reserve over the next 6 to 12 months. I mean, there's still a camp for us that believe that it's a Federal Reserve that's going to be on hold. And then there's still a camp that believes that this inflation could be a little bit stickier that would have to force them to move. And that has asset allocation implications, Tom.

Market Pullback and Alan Greenspan's Legacy

Read the full transcript

The candid version is on a podcast,
not the earnings call.

Market Pullback and Alan Greenspan's Legacy

Read the full transcript

The candid version is on a podcast, not the earnings call.

The candid version is on a podcast,
not the earnings call.