Surveillance: Retail Recovery Underway, Sadove Says Bloomberg Surveillance

Amy Wu Silverman, RBC Capital Markets Equity Derivatives Strategist, says volatility that will occur until November is fairly priced in markets. Steve Sadove, Former Saks CEO and Mastercard Senior Advisor, says data is starting to show a recovery in retail. Seema Shah, Principal Global Investors Chief Strategist, says markets are questioning the need for a fiscal stimulus based on the strength of the economic recovery. Michael Cloherty, UBS Head of U.S. Rates Strategy, says fixed income seems priced for perfection from the Fed.
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