Bloomberg
Earnings Season Could Pump Up Equities, Quinlan Says
Rising bond yields, spiking oil prices and budget woes in Washington have spurred a selloff in US stocks, but the upcoming earnings season could help equities turn the corner into a bullish year-end run, according to Joseph Quinlan, head...
Bloomberg
Kaiser: Rising Yields Have Not Been Coming From a Good Place
Stuart Kaiser, Citigroup head of US equity trading strategy, says the move higher in bond yields "have not been coming from a good place." He talks more about his outlook for the earnings season on "Bloomberg The Open."
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Bloomberg
Julian Emanuel Says It's Time to Buy Equities
Bond and equity markets are "positively correlated, it's a new world," says Julian Emanuel, chief equity and quantitative strategist at Evercore ISI. He makes the case for buying equities and lays out the factors putting markets on...
Bloomberg
Veolia CEO: Growing Demand From Cities, Industries to Decarbonize
Veolia said first-half profit jumped 20% as the French utility benefited from strong demand in the US, Latin America and eastern Europe. There's rising demand for water reuse, hazardous-waste processing and plastic recycling as countries...
Bloomberg
Julius Baer Is 'Overweight' US Stocks; Likes Japan, India
Mark Matthews, head of Asia research at Julius Baer, explains why he favors stocks in the US, Japan and India. He also shares his views on China's economy, the government's efforts to support growth, and the implications for financial...
Bloomberg
Fed Will Double 2023 GDP Forecast, TPW's Pelosky Says
TPW Advisory Principal and founder Jay Pelosky says his firm is bullish on the US economy, expecting the Federal Reserve to raise its GDP forecast for 2023 next week and sees "growth to continue to develop" in 2024. He speaks on...
Bloomberg
Japan May Be 'Most Attractive Opportunity' in Asia: AllianceBernstein
"Given the abundance of earnings growth that you'd expect in a weaker yen environment, plus also the added tailwind of corporate reform, that is, I think, making Japan perhaps the most attractive opportunity of all in this region." David...
Bloomberg
UBS Seeing Inflows Across Platforms, CEO Ermotti Says
UBS Group AG Chief Executive Officer Sergio Ermotti discusses the bank's strategy and its integration of Credit Suisse. The Swiss lender posted the biggest-ever quarterly profit for a bank in the second quarter as a result of the merger....
Bloomberg
Pernod Ricard CEO Sees 'Soft' Sales Ahead in US
Pernod Ricard CEO Alexandre Ricard discusses fourth-quarter results and says the company expects a "soft Q1 in the US" for sales. He speaks on "Bloomberg Surveillance Early Edition." (Corrects company name in headline and description.)
Bloomberg
Why Oppenheimer's Stoltzfus Is Sticking With Bullish S&P 500 Call
Oppenheimer Asset Management Chief Investment Strategist John Stoltzfus explains his firm's bullish 4,600 year-end call for the S&P 500 index on "Bloomberg Surveillance."
Bloomberg
China Travel Rebound Helps Top Carrier Trim Losses
China's three largest airline companies reported significantly narrower losses for the first half of 2023 as Beijing's lifting of Covid restrictions late last year unleashed pent-up demand for domestic travel. Bloomberg's Danny Lee...
Bloomberg
Country Garden Posts Record Loss, Warns Default Possible
Country Garden Holdings Co., the distressed Chinese developer that's shaken the nation's financial markets, has posted a record loss and warned that it may default on its debt as bondholders finish voting on its request to extend...
Bloomberg
China Banks Enlisted in Stimulus Push
China may announce that the big state-owned banks are cutting rates on the majority of the nation's 38.6 trillion yuan ($5.3 trillion) of existing mortgages, according to people familiar with the matter. The reductions will only affect...
Bloomberg
Morgan Stanley's Slimmon Sees Strong Fourth-Quarter for Stocks
Andrew Slimmon, senior portfolio manager and managing director at Morgan Stanley Investment Management, says the "pain of being out of the market," corporate earnings growth, and US infrastructure spending will back his bullish call for...
Bloomberg
Fidelity Says Chinese Equities Remain a 'Top Call'
"With Chinese valuations looking so attractive, that's where we're really finding the opportunities." Catherine Yeung, investment director at Fidelity International, shares her views on stocks in China, India and Japan. She speaks with...
Bloomberg
Odeon Capital Group's Bove on US Bank Regulations
Dick Bove, Financial Strategist at Odeon Capital Group, discusses his views on the Fed and FDIC's proposal that will require banks with as little as $100 billion in assets issue enough long-term debt to cover capital losses if they ever...
Bloomberg
Investors Should Be Positioning in EVs: Wu
"Strategically, this is an area investors should be positioning in." Winnie Wu, China equity strategist at BofA Securities, discusses earnings in China, her outlook for electric vehicles and how she would trade the market. She speaks on...
Bloomberg
Evergrande Resumes Trading After Posting $4.5B Loss
China Evergrande Group ends a 17-month halt, after the world's most-indebted developer unveiled a $4.5 billion loss in the first half. Kevin Kingsbury reports on Bloomberg Television.
Bloomberg
Rising Yields Pressuring Equities
Lori Calvasina, RBC Capital Head of US Equity Strategy and Scott Chronert, Citi US Equity Strategist discuss the effect of rising yields on US equities. Calvasina is starting to see outflows in equities, while Chronert is still bullish...
Bloomberg
Al Dhabi's Garg on US CPI, Fed & China's Economy
Rashmi Garg, Senior Portfolio Manager at Al Dhabi Capital, discusses her asset allocation strategy She speaks with Yousef Gamal El-Din on "Bloomberg Daybreak: Middle East and Africa".
Bloomberg
Deficit Spending Will be Focus of Election Debates Robson Says
Meghan Robson, BNP Paribas head of US credit strategy, says the federal government's deficit spending will take center stage in political debates. She speaks on "Bloomberg The Open" along with Erik Nelson, Wells Fargo macro strategist....
Bloomberg
Peloton's Problems With Seat Posts Lead to Weak Results
A seat post product recall for Peloton was more expensive than first thought. Bloomberg's Ed Ludlow reports.
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Nvidia Earnings: What to Watch for
Nvidia Corp., the chipmaker which has added more than $370 billion in market value since its last update, is reporting results after the bell Wednesday that could set the tone for global stock markets for the rest of the year. Bloomberg...
Bloomberg
AIA Group CFO: We Are Very Optimistic About the Future
"We were clearly very pleased with the growth across all our businesses, across China, Hong Kong, ASEAN and our Indian business are multiple engines of growth." AIA Group Chief Financial Officer Garth Jones discusses the insurer's...