Bloomberg Surveillance: Early Edition, live from London and New York. Francine Lacqua, Anna Edwards, Matt Miller, and Kailey Leinz deliver the latest news and analysis on the markets with leaders in global finance and economics. Bobby Ghosh, Bloomberg Opinion Editor covering foreign affairs, discusses the latest developments on Russia's war in Ukraine. Miller Tabak Chief Market Strategist Matt Maley weighs the odds of a U.S. recession. Matthew Winkler, Editor-in-Chief Emeritus of Bloomberg News, discusses his latest column, titled "In Defense of Elon Musk's Managerial Excellence."