Bloomberg
Political Events 'Taking Over' Market Fundamentals, Says LGIM CIO
Political risk, historically a "side event," is increasingly "turning everything upside down," says Sonja Laud, CIO at Legal & General Investment Management. "Developed markets are not particularly good at pricing political risk," she...
Bloomberg
Goldman's Kostin Predicts 25% Rise in M&A, S&P at 6,500
"The animal spirits have really been out in force," David Kostin, Goldman Sachs chief US equity strategist, says. Speaking on "Bloomberg Open Interest," Kostin also says he expects a 25% rise in M&A activity and a roughly 7% increase in...
Bloomberg
Goldman's Kostin on Stock Market Outlook, Investment Strategy
David Kostin, Goldman Sachs chief US equity strategist, discusses his forecast for M&A activity and the S&P 500. Speaking on "Bloomberg Open Interest," Kostin also discusses his investment strategy going into 2025.
Bloomberg
BlackRock's Chaudhuri Sees Market Broadening Out From Tech in 2025
Gargi Chaudhuri, BlackRock chief investment and portfolio strategist, Americas, says the recent economic data will spur the Federal Reserve to cut rates by 25 basis points in December. Speaking on "Bloomberg The Close," Chaudhuri also...
Bloomberg
Weaker Yuan Is One Part of China's Armory: 3-Minute MLIV
Anna Edwards, Guy Johnson, and Paul Dobson break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."
(Republishes video to correct currency reference in the headline.)
Bloomberg
Fed's Daly Sides With 'Gradualism Approach' to Rates
Federal Reserve Bank of San Francisco President Mary Daly says she is a proponent of a more gradual approach to monetary policy adjustment. She speaks during a conversation on emerging technology and the economy at Stanford University's...
Bloomberg
Fed 'At or Near' Point of Slowing Rates, Says Hammack
Federal Reserve Bank of Cleveland President Beth Hammack said policymakers are "at or near the point where it makes sense to slow the pace of rate reductions," citing a strong economy and still-elevated inflation. Hammack spoke Friday at...
Bloomberg
Pace of Fed Rate Cuts Has to Slow: BlackRock's Rosenberg
"Monetary policy is not as restrictive as they think it is," Jeffrey Rosenberg, systemic multi-strategy fund portfolio manager at BlackRock, says on "Bloomberg Surveillance." The US job market showed a solid advance in November, with...
Bloomberg
Pimco's Wilding Sees Slower Pace of Rate Cuts in 2025
Pimco Economist Tiffany Wilding says a 25 basis-point rate cut at the Federal Reserve Open Market Committee's December meeting is likely. Speaking on "Bloomberg Open Interest," Wilding also says the probability of the Fed raising rates...
Bloomberg
Fed's Goolsbee Says Labor Market Stable, Lower Rates Ahead
Federal Reserve Bank of Chicago President Austan Goolsbee says the labor market appears largely stable and expects rates will be "a fair bit lower" a year from now. Goolsbee speaks during a fireside chat as part of the Chicago Fed's...
Bloomberg
US College Closures to Soar Amid Prospective Student Slowdown
The number of colleges that close each year is poised to significantly increase as schools contend with a slowdown in prospective students, according to a new working paper published by the Federal Reserve Bank of Philadelphia. Nic...
Bloomberg
Kugler Says Inflation on Sustainable Path to Fed's 2% Goal
Federal Reserve Governor Adriana Kugler says she's optimistic about the trajectory of inflation and the broader economic conditions during remarks at a Detroit Economic Club event.
Bloomberg
JPMorgan AM Says Avoid French Bonds, Favors Italy or Spain
Iain Stealey, international chief investment officer for fixed income at JPMorgan Asset Management, shares his views on European and US bonds and central banks' policies. French bonds and stocks came under renewed selling pressure...
Bloomberg
BMO's Jennifer Lee Interview
Jennifer Lee, BMO Senior Economist, shared her outlook on the economy and what to expect in the month of December, looking ahead of the next Fed meeting. She spoke with Lizzy Burden on Bloomberg Markets.
Bloomberg
Fed's Preferred Measure of Inflation Picks Up
The core personal consumption expenditures price index, which strips out volatile food and energy items, increased 2.8% from October last year and 0.3% from a month earlier, according to Bureau of Economic Analysis data. Mike McKee...
Bloomberg
Fed Minutes Show Broad Support for Gradual Rate Cuts
Federal Reserve officials indicated broad support for a careful approach to future interest-rate cuts as the economy remains solid and inflation slowly cools, minutes from their latest policy meeting showed. Mike McKee reports.
Bloomberg
Fiscal Policy Will Pressure Yields Higher, PGIM's Peters Says
PGIM Fixed Income co-CIO Greg Peters says investors seem to be dismissing the negativity around tariffs and immigration. Speaking on "Bloomberg The Close," Peters also comments on Federal Reserve monetary policy and his concerns about...
Curated Video
Potential political implications of the Federal Reserve rate cut
Questions remain about whether or not there will be any political implications because of the Federal Reserve's decision to cut interest rates less than 50 days before an election. (Scripps News)
Bloomberg
Fed Has to Pause in Wake of SVB, iCapital's Amoroso Says
"There is a broader problem," iCapital Chief Investment Strategist Anastasia Amoroso says in response to a question about the SVB crisis during an interview on "Bloomberg Surveillance."
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Bloomberg
BofA's Moynihan on Economy, Lending and Fitch Downgrade
Bank of America Chair and CEO Brian Moynihan discusses the current macroeconomic environment, lending activity and new capital requirements. Speaking with David Westin on "Wall Street Week Daily," Moynihan says Fitch's downgrade doesn't...
Bloomberg
King Dollar Is Back, HSBC's Chew Says
Joey Chew, head of Asia foreign exchange research at HSBC, discusses the outlook for the dollar, European and Asian currencies, and central banks' policies. She speaks with David Ingles, Yvonne Man and Rishaad Salamat on "Bloomberg...
Bloomberg
Fed on Hold, May Cut Rates Next Year: BlackRock's Watson
Marilyn Watson, BlackRock's head of global fundamental fixed income strategy, says she expects to remain on hold for the remainder of 2023 during an interview with Matt Miller on "Bloomberg The Open."
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Bloomberg
Pimco's Clarida Says Fed Might Be Done With Hiking Rates
"The Fed could well be done" with raising interest rates, Richard Clarida, global economic advisor at Pacific Investment Management Co. (Pimco) and former Federal Reserve vice chairman, says on "Bloomberg Markets."
Bloomberg
GDP 'Last Gasp' of Strong US Data, Pimco's Browne Says
Erin Browne, Pimco portfolio manager for multi-asset strategies, says the Federal Reserve is close to peak rates but there is one more potential rate hike in the cards. She speaks with Alix Steel and Guy Johnson on "Bloomberg...