Heidi Crebo-Rediker, CFR Senior Fellow, International Capital Strategies Partner & Former US State Department Chief Economist, says "there must be market pressure" in order for politicians to act on the debt ceiling. Robert Tipp, PGIM Fixed Income Chief Investment Strategist & Head of Global Bonds, says we can see a drop in yields and a widening of credit spreads if there is an "accidental default." Lisa Shalett, Morgan Stanley Wealth Management Chief Investment Officer, says no company is immune from recession. Neil Dutta, Renaissance Macro Research Head of US Economic Research, says recession is not imminent. Helane Becker, Cowen Senior Research Analyst, says travel demand is exceeding supply. Get the Bloomberg Surveillance newsletter, delivered every weekday. Sign up now: https://www.bloomberg.com/account/newsletters/surveillance See omnystudio.com/listener for privacy information.

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“What did the council decide on item 42?” — answered with the speaker and the moment.

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