Bloomberg Surveillance

Katie Stockton, Fairlead Strategies Founder & Managing Partner, says in the corrective phase, they saw sentiment go from extremely bullish to bearish in a matter of days.  Chris Ailman, California State Teachers’ Retirement System (CalSTRS) CIO, reports that last year their total return was 14%. Jonathan Miller, Miller Samuel President & CEO, says a significant amount of retail outlets are running into trouble. George Friedman, Geopolitical Futures Founder & Chairman, says China and Russia are two constrained military powers trying to pass on the world stage as if they were much more powerful.