Bloomberg Surveillance

James Bevan, CCLA Chief Investment Officer, says he's holding cash because he's worried about the disconnect between fundamentals and the markets. Joyce Chang, JPMorgan Chair of Global Research, says the Fed has taken on the role of the central banker to the world to avert a systemic shock to the global financial markets. Michael Feroli, JPMorgan Chief US Economist, explains why he thinks unemployment is closer to 20% and might be underrepresented because of the way the data is collected. Gene Sperling, Former Director of the National Economic Council talks about his new book "Economic Dignity." Michelle Patch, Johns Hopkins School of Nursing Assistant Professor speaks to the complications of Covid-19.