Bloomberg
China Seeks to Boost Consumption to Spur Growth Recovery
China is seeking to boost consumption but the government has stopped short of providing direct fiscal support to consumers and companies to increase spending. Separately, the country's State Council called on cities to start introducing...
Bloomberg
Morgan Stanley's Wilson Says Stock Rally Reminds Him of 2019
Morgan Stanley's Michael Wilson says US stocks are trading like they did in 2019 when the S&P 500 Index handed investors a 29% return. In a note to clients, Wilson says the market is in a policy-driven, late-cycle rally. Bloomberg's Dani...
Bloomberg
US to Remain Recession Free This Year: Economist Zandi
Mark Zandi, chief economist at Moody's Analytics, says "inflation's coming in in a pretty graceful way," as he believes the Federal Reserve has done all they need to do. He speaks on "Bloomberg Surveillance."
Bloomberg
US Equities Are a Bit in La-La Land: UBS's Zuercher
Adrian Zuercher, chief investment officer and head of global asset allocation at UBS Global Wealth Management, discusses the current state of markets, his investment strategy and his outlook for Chinese markets. He speaks on Bloomberg...
Bloomberg
BofA's Blanch Sees Inflection Point in Oil Market
Francisco Blanch, Bank of America's head of commodities research, discusses the outlook for the oil market with Romaine Bostick and Katie Greifeld on "Bloomberg Markets: The Close."
Follow Bloomberg for business news & analysis,...
Bloomberg
CalSTRS CIO Ailman: Fixed Income Is 'Great Place to Be'
Christopher Ailman, chief investment officer for the California State Teachers' Retirement System, says there's still about a 50% chance of recession this year and sees fixed income as an increasing investment opportunity. He speaks on...
Bloomberg
Fighting Inflation and Hurting Credit
Michael McKee, Bloomberg's International & Economic Policy Correspondent explains whether there is any correlation between the continued rise in bond defaults and drop-off in lending.
Bloomberg
Tweak or Tide Change?
Bloomberg Markets LIVs Eddie van der Walt and Nour Al Ali join Kailey Leinz and Dani Burger on Bloomberg Markets: Americas to discuss earnings whether they support a Goldilocks economy theme.
Bloomberg
Earnings Estimates Too Low Near Term: Newedge's Dawson
Newedge Wealth CIO Cameron Dawson says there is a low bar for earnings in the back half of 2023 but that creates even more earnings growth expected in 2024. Speaking with Jonathan Ferro on "Bloomberg The Open," Dawson explains what she...
Bloomberg
Markets in 3 Minutes: Confusing BOJ Was Overall Hawkish
Mark Cudmore and Anna Edwards break down today's key themes for analysts and investors on "Bloomberg Markets: Today."
Bloomberg
NatWest Cuts Profit Margin Guidance Amid Farage Furor
NatWest Group Plc reported second-quarter results Friday that included reduced guidance for net interest margins this year. The UK lender is under the spotlight for its decision to cut ties with Nigel Farage, the Brexit campaigner who...
Bloomberg
BOJ Makes Surprise Adjustment to Yield Curve Control
The Bank of Japan loosened its grip on bond yields in Governor Kazuo Ueda's first surprise move since taking the helm. The BOJ kept its target for 10-year yields at around 0% but said its 0.5% ceiling was now a reference point not a...
Bloomberg
What BOJ's Yield Curve Control Move Means for the Yen
Kit Juckes, head of FX strategy at Societe Generale, says the Bank of Japan's surprise adjustment to yield curve control means "they don't want dollar-yen moving higher than this." He speaks with Dani Burger on "Bloomberg Surveillance...
Bloomberg
First Look With Surveillance: ECB Expected, Meta Beats
Dani Burger and Kriti Gupta take you through what to watch today.
Bloomberg
BNP Cost Controls Lead to Second Quarter Earnings Beat
BNP Paribas Chief Financial Officer Lars Machenil discusses the bank's second-quarter results on "Bloomberg Markets Today."
Bloomberg
What to Watch for in the ECB Rate Decision
The European Central Bank is set to hike interest rates by another quarter-point to 3.75% as investors ponder if the central bank will raise again or hold rates steady in September. Maria Tadeo has a preview on Bloomberg Television.
Bloomberg
Shell Hikes Dividend, Raises Buybacks as Profit Falls
Shell Chief Executive Officer Wael Sawan discusses second-quarter results on "Bloomberg Markets Today."
Bloomberg
Treasury Advisers Have Concerns Over BOE Inflation Fight
A majority of advisers to Chancellor of the Exchequer Jeremy Hunt are concerned that the Bank of England risks raising interest rates too much in the coming months and could potentially push the UK into an unnecessary recession. Philip...
Bloomberg
Bank of Japan Won't Tweak Yield Curve Control at This Juncture: AllianceBernstein
Brad Gibson, head of Asia Pacific fixed income at AllianceBernstein, says he does not expect the Bank of Japan to tweak its yield curve control policy "at this juncture." Nikkei reported the BOJ will consider letting long-term interest...
Bloomberg
Nikko AM's Vail on Asia Markets
John Vail, chief global strategist at Nikko Asset Management, discusses his outlook and investment strategies for Asia markets. He speaks with Bloomberg's Haidi Stroud-Watts and Kathleen Hays on "Bloomberg Daybreak: Asia."
Bloomberg
Why Michael Kantrowitz Is Rethinking His Market Outlook
Piper Sandler Chief Investment Strategist Michael Kantrowitz explains why he is rethinking his outlook for US stocks on "Bloomberg Markets: The Close."
Follow Bloomberg for business news & analysis, up-to-the-minute market data,...
Bloomberg
US Stocks Fall; Report Says BOJ to Discuss YCC Tweak
US stocks erased gains, Treasury 10-year rates hit 4% and the yen advanced on a news report the Bank of Japan will discuss tolerating higher domestic bond yields at a scheduled meeting Friday. Emily Graffeo reports on Bloomberg Television.
Bloomberg
Swiss Government Is Trying to Stabilize Credit Suisse
Swiss authorities and Credit Suisse Group AG are discussing ways to stabilize the bank, according to people familiar with the matter. Romaine Bostick explains.
Follow Bloomberg for business news & analysis, up-to-the-minute market data,...
Bloomberg
Jeff Lacker on July Fed Decision
Jeff Lacker, Former Richmond Fed President, discusses his views on the latest Fed decision to hike interest rates, and shares his outlook for the US economy. He speaks with Shery Ahn and Haidi Stroud-Watts on "Bloomberg Daybreak:...