News Clip7:43
Bloomberg

Deputy Treasury Secretary Wally Adeyemo on China Investment EO, Inflation in the US

Higher Ed
Deputy Treasury Secretary Wally Adeyemo discusses the goals of President Biden's China Investment EO and what it means for the US, plus he says the US also wants to coordinate with allies concerning China. He speaks with Bloomberg's...
News Clip2:57
Bloomberg

Does the Federal Reserve Need Further Interest Rates Hikes?

Higher Ed
Top Federal Reserve officials continue to weigh in on the hike versus pause debate, and whether they have already done enough to reign in inflation. Kathleen Hays reports on Bloomberg Television.
News Clip7:13
Bloomberg

60-40 Portfolio Has Come Back Into Vogue: Citi's Hoffman

Higher Ed
Robert Hoffman, head of investment counselors for South Asia at Citi Private Bank, discusses Federal Reserve policy, his investment strategy and where he's finding opportunity. He speaks on Bloomberg Television.
News Clip2:35
Bloomberg

US Yields 'Significantly Lower' in a Year: HSBC's Major

Higher Ed
Steven Major, global head of fixed income research at HSBC Holdings Plc, discusses US Treasury yields and Federal Reserve policy. He speaks with Yousef Gamal El-Din on "Bloomberg Daybreak: Middle East & Africa." (Excerpt of the full...
News Clip4:00
Bloomberg

Dollar on 'Good Footing' Right Now, Westpac Says

Higher Ed
Sean Callow, senior currency strategist at Westpac, talks about the dollar, the yen, the pound and central banks' policies. He speaks with Shery Ahn and Haidi Stroud-Watts on "Bloomberg Daybreak: Asia."
News Clip1:37
Bloomberg

US Companies Add 324,000 Jobs in July, Topping Estimates

Higher Ed
US private payrolls increased by 324,000 last month as companies added more jobs in July than expected. Michael McKee has more on Bloomberg Television
News Clip4:10
Bloomberg

US Manufacturing Activity Contracts in July to 46.4

Higher Ed
Timothy Fiore, chairman of the ISM Manufacturing Business Survey Committee, says US manufacturing "could very well be in the trough," as he discusses the takeaways from the ISM's July factory gauge on "Bloomberg Markets." The ISM's gauge...
News Clip4:15
Bloomberg

Morgan Stanley's Wilson Says Stock Rally Reminds Him of 2019

Higher Ed
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...
News Clip2:24
Bloomberg

US to Remain Recession Free This Year: Economist Zandi

Higher Ed
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."
News Clip4:42
Bloomberg

US Equities Are a Bit in La-La Land: UBS's Zuercher

Higher Ed
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...
News Clip1:50
Bloomberg

Fed's Kashkari More Upbeat on Inflation

Higher Ed
Federal Reserve Bank of Minneapolis President Neel Kashkari is more upbeat on inflation and when it comes to the US actually avoiding recession. He also warns that higher unemployment would be the cost of achieving a so-called "soft...
News Clip1:57
Bloomberg

US Stocks Fall; Report Says BOJ to Discuss YCC Tweak

Higher Ed
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.
News Clip4:39
Bloomberg

Lockhart: At Least One More Fed Hike This Year Possible

Higher Ed
"I think the assumption of one more increase either at the September or the October November meeting, is a reasonable and plausible way of looking at the future." Former Federal Reserve Bank of Atlanta President Dennis Lockhart discusses...
News Clip3:20
Bloomberg

Fed Could Hike One More Time Before End of Year: Mitra

Higher Ed
"Skew is toward one more Fed rate hike before the year is out." Aninda Mitra, head of Asia macro and investment strategy at BNY Mellon Investment Management, discusses Federal Reserve policy, his investment strategy and his outlook for...
News Clip3:54
Bloomberg

Economists See US Recession Odds at 50% or Less: NABE Survey

Higher Ed
A fresh survey shows a strong majority of business economists say the odds of the US entering a recession in the next 12 months are 50% or less. Meanwhile, the Federal Reserve is expected to lift interest rates one more time this week as...
News Clip1:10
Bloomberg

US Jobless Claims Decrease to Two-Month Low at 228,000

Higher Ed
Initial unemployment claims in regular state programs fell to 228,000 in the week ending July 15. Michael McKee has the details on Bloomberg Television.
News Clip3:00
Bloomberg

Dollar Could Get a Little Lift This Summer: Piron

Higher Ed
"This summer we think the dollar can get a little bit of a lift." Claudio Piron, co-head of Asia FX and rate strategy at BofA Securities, discusses the dollar, Federal Reserve policy and European currencies. He speaks on Bloomberg...
News Clip4:11
Bloomberg

Federal Reserve Likely to Raise Rates Next Week, Kaplan Says

Higher Ed
Former Federal Reserve Bank of Dallas President Robert Kaplan discusses monetary policy and the state of the US economy. He speaks with Shery Ahn and Kathleen Hays on "Bloomberg Daybreak: Australia."
News Clip2:59
Bloomberg

Deutsche Bank's Goel: We Are Getting to Top of Fed Cycle

Higher Ed
"We are certainly getting more conviction that we are getting to the top of the Fed cycle." Sameer Goel, global head of emerging markets & APAC research at Deutsche Bank, discusses Federal Reserve policy and his outlook for the dollar....
News Clip2:07
Bloomberg

Goldman Cuts US Recession Risk to 20%

Higher Ed
The US economy has a better chance of avoiding a recession in the next 12 months following recent positive data on economic activity and inflation, according to Jan Hatzius, the chief economist at Goldman Sachs Group Inc. Kathleen Hays...
News Clip2:54
Bloomberg

Strategists See Turning Point for US Dollar

Higher Ed
The dollar's worst slump since November has a bevy of strategists and investors saying a turning point is finally at hand for the world's primary reserve currency. David Finnerty reports on Bloomberg Television.
News Clip2:05
Bloomberg

Dollar Lowest Since April 2022

Higher Ed
The dollar is weakening as US interest rates near a peak and the Federal Reserve's aggressive tightening begins to take a toll on the world's largest economy. David Finnerty reports on Bloomberg Television.
News Clip2:47
Bloomberg

See One More Fed Rake Hike at Most This Year: Chao

Higher Ed
"Door has been opened for Fed to be less hawkish." David Chao, global market strategist for Asia Pacific at Invesco, discusses Federal Reserve policy, his investment strategy and his outlook for markets in the second half of the year....
News Clip3:31
Bloomberg

Inflation Is the Critical Variable for Markets: McIntyre

Higher Ed
"Inflation is the critical variable for markets." Jack McIntyre, portfolio manager at Brandywine Global, discusses US inflation, his investment strategy and his outlook for bonds. He speaks on Bloomberg Television.