plus, lively panels with business and financial leaders, including larry fink, steve schwarzman and billes. up next, conversations with illustrious investors on the market and more. >> may be what the president does is not as critically important to the market as many of us one spot. shery: this is bloomberg. ♪ ♪ this is "bloomberg best," i am shery ahn. of wall street's most respected investors or part of the bloomberg global is this forum and shared insight with erik schatzker. erik: who do you see in the economy now? is in reasonably good shape. i have said a recession is due at some point. we have one that every seven years at average. we are eight years into a gross cycle. like a broken clock is right twice a day, i will be right at some point but i don't know when it will occur. the economy is doing well, we are probably growing at more than 2.5% for gdp. i do not see signs of a real slow down. erik: some people are talking about synchronized global growth. do you think that is true? emerging markets are doing better, but i do not see recession anywhere in the world. erik: does tha

the biggest owners of equities in the world you can talk to guests you have on your show talk to larry fink and fidelity and they will tell you that the big owners of equities today are all the big public pension funds. they're the policemen and firemen and teachers and civil servants of america today that have their money in public pension funds being managed in the u.s. equity market so yes we're helping americans by delivering returns back to them. >> why don't you move on to another project you're working on is it true the president calls you a globalist? is that something investors should worry about tariffs can be growth killing? >> we had a very open and robust discussion on trade and the economy and economic growth and jobs we have a very good relationship and we're always talking about ways to grow the u.s. economy and put workers back to work and increase wages that's his mission that's my mission. >> and finally, the washington post today, you clearly stated your opposition to the comments made involving the unrest in charlottesville. do you still feel that the president has conf

back to corporate america as the man, every ceo in wall street, all his buddies, lloyd blank find, larry finkll hail him as a hero if he does a significant corporate tax cut. neil: private industry possibilities. charles: the guy who did it. maybe trump will forget he attacked him on the charlottesville thing even though -- it wasn't -- it was an indirect attack. i don't think so knowing donald, he carries grudges and it is in his mind. >> chairmanship of the fed is something he thirsted for. back to the tax thing, do you think whatever happens to the wealthy that it is so sweeping, the big middle-class, certainly maybe isn't 86 but close to what george bush did. charles: middle-class people as someone who grew up less the middle-class they don't pay the majority of the taxes, something like that. if you do a middle-class tax-cut the budgetary impact won't be that great. i big thing for them they believe is the full monty is the corporate tax cut. if they can get that at a decent sized corporate tax rate you will get better stockmarkets. i was talking with a lot of traders and sophisticated i

go talk to larry fink and fidelity and the big asset managers of the world, they will tell that the big owners are the big public pension phoenix suns, the policemen and firemen and teachers and civil servants who have their money in pension funds being managed in the u.s. equity market. yes, we're helping americans by delivering returns back to them. >> gary, i wanted to move on to another project that you're working on, the president's trade agenda is it true that the president calls you a globalist as has been reported and that he's demanding tariffs? is that something that investors should worry about as you know, tariffs can be growth-killing. >> look, the president and i have a very open and robust discussion on trade, on the economy, on economic growth, on jobs we have a very good relationship, and we're always talking about ways to grow the u.s. economy and put workers back to work and increase wages. that's his mission that's my mission. >> no word on the tariffs. >> he didn't really answer your question, but i think the way he answered it he answered it. >> open and robust dis

we have a panel between christine lagarde, the prime minister of canada and the netherlands, and larry fink of black rock. that begins at 8:30 a.m. this morning right here in new york. let's get an update on what is making news outside the business world. ♪ hurricane maria made landfall in puerto rico. the category four storm had top wind of 155 miles per hour when it came ashore on the southeastern coast of the island. ago, when arrigo suffered a billion dollars in damage from hurricane irma. -- puerto rico suffered a billion dollars in damage from hurricane irma. mexican officials say at least 270 people were -- 217 people were killed in an earthquake that collapsed buildings and left millions without power. hundreds may be trapped in the rubble. investors are waiting to see what federal reserve policy makers say at the end of their two day meeting. it is expected they will start shrinking their balance sheet. investors are looking for clues as to when the fed may raise interest rates again. global news 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 co