Bloomberg View columnist Barry Ritholtz interviews Richard Clarida, a global strategic adviser for PIMCO and former assistant secretary of U.S. Treasury. His first day at the Treasury Department was Sept. 11, 2001, and he describes what it was like to start work during such a chaotic period. He also reminds us that during the financial crisis, many were originally concerned with a deflation scare. He gives the Fed high marks for crisis management during the Great Recession, but says that since the recovery has begun, it has been too slow to normalize and not very clear in its communications. See omnystudio.com/listener for privacy information.

Alan Shaw, founder of the Market Technicians Association and former managing director of the technical research department at Smith Barney, tells Bloomberg View columnist Barry Ritholtz that he's happy he's not working today: It's much more difficult to be a technician and be in institutional sales than it was when he was working.\u0010\u0010(Note: This is a podcast extra which will not air on Bloomberg Radio.) See omnystudio.com/listener for privacy information.