Overnight on Wall Street is morning in Europe. Monitor your investments 24 hours a day, around the clock from around the globe. Caroline Hepker, Stephen Carroll, Anna Edwards and Tom Mackenzie.
- Vanguard CIO: Davis Says Recession Risk Next Year in US (Audio)Greg Davis, CIO of Vanguard, who oversees $4 trillion in assets, says investors have to look to the long term after a very difficult start to the year for both stocks and bonds. He tells Bloomberg's Caroline Hepker and Stephen Carroll he expects the US to avoid recession this year but the risk goes up substantially next year.
- BCC: Businesses Need VAT Cut On Energy (Audio)British Chambers of Commerce Co-Executive Director Hannah Essex speaks to Bloomberg's Caroline Hepker and Stephen Carroll about the challenging times for business who are holding back on investment due to uncertainty. She says companies needs government to cut VAT on energy to 5% indefinitely.
- Bootle: Bank of England Needs A Maverick Voice (Audio)Roger Bootle Chairman of Capital Economics, speaks to Bloomberg's Caroline Hepker and Tom McKenzie about all that ails the UK economy. He says the Bank of England was slow and complacent on inflation; he sees 'serious weakness' ahead for the economy; and though the Bank of England has a tough job, he says the MPC simply did not enough awareness of the 1970s, all coming from the same stable.
- Companies & Pride: 'Keep Up The Fight' (Audio)Inga Beale, the former CEO of Lloyd's of London, says that financial services companies have stepped up efforts to 'get it right' on diversity during Pride Month, but that they must 'keep up the fight' as the UK slips down an international ranking on LGBT+ rights. Beale was the first female and openly bisexual CEO of the world's largest insurance marketplaces, and now works with companies on their diversity initiatives. She was speaking to Bloomberg's Stephen Carroll ahead of the 50th Pride march in London this weekend.
- Micklethwait: Central banks Have Been Wrong-Footed (Audio)Bloomberg's editor-in-chief John Micklethwait discusses the ECB forum and whether we are going back tothe 1970s with hosts Caroline Hepker and Tom Mackenzie. Plus a new globalization and the fall-out of the Roe v. Wade decision for companies and employees.