The State of U.S. Markets Post-Shutdown

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Oct. 18 (Bloomberg) -- Jeffrey Rosenberg, chief investment strategist for fixed income at BlackRock and Robert Kaplan, management professor at Harvard Business School, discuss the state of the markets following the end of the U.S. government shutdown and the lack of leadership in Washington. They speak on Bloomberg Television’s “Bloomberg Surveillance.”

Hbs and his book is " what you're really meant to do." i guess i'm not surprised that they have been doing this for years.

To cash, we will all all die, dollar weaker, the market is to the moon -- are you surprised?

The thing to keep in mind is that the economy was not strengthening into this debt debate.

We are running on the third- quarter, 1.6%, a weak economy with expectations going in were very high and you are getting mark to market with lower yields and lower dollars and pricing in lower for longer in terms of interest rates and what the federal reserve will not do.

. robert kaplan -- what are you advising this weekend?

Is this a sigh of relief pop or the beginning of a new optimism about capital creation?

The financial markets, the equity markets and the bond markets have loved easy money for a long time.

We are addicted to it and we will get more of it.

Robert kaplan in the fall was teaching punch bowl 101. also management 101. when you look at what happened in washington and how it's finally result, -- it's finally result, are there qualities of leadership that anyone wants to emulate?

Leadership is about deciding what you believe if you are in charge and then acting as if you were an owner.

Did we get that?

No, we did not get that.

We got people advocating positions and trying tactics but maybe not thinking it through fully what they would do if they can have everything done they wanted done.

You have a lot of slogans on obamacare and other issues but i think for progress to be made, people need to get into details and what should be done.

With your studies of management and corporate executives, let me ask you about ted cruz.

He made a splash.

Did he get anything out of this?

He got more backing among the tea party.

His party within the governing body probably is reduced.

When you hear people say there will not be a shut down again, it tells you that maybe he has lost power and they will not follow him again inside that body.

We are focused on getting to december 13. i think it is 56 days?

It's a countdown clock.

Let's negotiate a company news.

This text has been automatically generated. It may not be 100% accurate.

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