Guests:

Gary Shilling, President of A. Gary Shilling & Co. and Bloomberg View Prophet and columnist, on markets, commodities and current investment themes.Brendan Ahern, CIO of KraneShares, on China, tariffs, and current China investment strategies.Erin Browne, head of asset allocation at UBS Asset Management, discusses markets and current allocation strategy, trade war impact, and currencies outlook.George Kurian, CEO of NetApp, and Anand Srinivasan, Senior Semiconductor and Hardware Analyst for Bloomberg Intelligence, on the company’s financials and outlook, and keeping data safe in the cloud.

Guests:Gary Shilling, President of A. Gary Shilling &amp; Co. and Bloomberg View Prophet and columnist, on markets, commodities and current investment themes.Brendan Ahern, CIO of KraneShares, on China, tariffs, and current China investment strategies.Erin Browne, head of asset allocation at UBS Asset Management, discusses markets and current allocation strategy, trade war impact, and currencies outlook.George Kurian, CEO of NetApp, and Anand Srinivasan, Senior Semiconductor and Hardware Analyst for Bloomberg Intelligence, on the company’s financials and outlook, and keeping data safe in the cloud.

Listen for investment news and in-depth company research. 

Hosts Paul Sweeney and Scarlet Fu harness the power of Bloomberg Intelligence to analyze investments on Wall Street. Watch Bloomberg Intelligence LIVE on YouTube, weekdays from 10AM to 12PM ET: http://bit.ly/3vTiACF.

Listen for investment news and in-depth company research. Hosts Paul Sweeney and Scarlet Fu harness the power of Bloomberg Intelligence to analyze investments on Wall Street. Watch Bloomberg Intelligence LIVE on YouTube, weekdays from 10AM to 12PM ET: <a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>.

Alix Steel and Paul Sweeney harness the power of Bloomberg Intelligence to analyze markets, companies and industries.

Bloomberg Intelligence

Deflationary Forces Will See 30-Year UST Going To 2%: Shilling

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/b578fad1-98ed-41d8-99e1-ae3c006b6345/transcript

Mandeep Singh, Global Head of Tech Research for Bloomberg Intelligence, weighs in on a record run for semiconductors. Chip stocks are heading for their best quarter ever, extending an extraordinary start to the year driven by insatiable demand for artificial intelligence equipment. But after recent jitters sent the stocks tumbling, investors are wondering how much further the rally can go. The Philadelphia Stock Exchange Semiconductor Index has soared 82% in the second quarter, putting it on track for its best quarter ever with one day to go. The gauge is up 94% in 2026, which if it holds would mark its best year since the dot-com boom in 1999. In contrast, the tech-heavy Nasdaq 100 Index has gained 26% in the second quarter, while the S&P 500 Index has risen 14%. 
Poonam Goyal, Senior U.S. E-Commerce and Retail Analyst for Bloomberg Intelligence, previews earnings from sportswear giant Nike. Investors will look for further signs of progress in the company’s comeback effort as Chief Executive Officer Elliott Hill cements a leadership reset. Traders will also seek details about one-time tariff refunds and demand tied to the FIFA World Cup, as well as clarity on a report saying Nike planned to halt online sales by partners in China.
Kenneth Shea, Senior Consumer Products Analyst for Bloomberg Intelligence, looks ahead to earnings from Constellation Brands. The company’s revenue is expected to retreat a fifth quarter in a row, weighed down by weaker wine and spirits sales. Operating margin is seen expanding though the benefits of an improved sales mix were likely offset by higher aluminum can costs. 
Erin McLaughlin, Senior Economist at the Conference Board, discusses the latest economic data. US consumer confidence edged up in June, as falling gas prices offset concerns about the labor market. The Conference Board’s gauge of confidence increased 0.6 point to 91.2 after a downward revision to the prior month, data released Tuesday showed. The median estimate in a Bloomberg survey of economists was 94.4. An indicator of present conditions fell, while a measure of expectations for the next six months advanced. A metric of perceptions about the job market closely monitored by economists fell to the lowest in more than five years. The report shows that cheaper gas resulting from a truce in the Middle East helped assuage some of the anxiety Americans have expressed about the economy in recent months. However, views of job opportunities deteriorated and consumers expect little improvement in the coming months.

<ul>
<li>Mandeep Singh, Global Head of Tech Research for Bloomberg Intelligence, weighs in on a record run for semiconductors. Chip stocks are heading for their best quarter ever, extending an extraordinary start to the year driven by insatiable demand for artificial intelligence equipment. But after recent jitters sent the stocks tumbling, investors are wondering how much further the rally can go. The Philadelphia Stock Exchange Semiconductor Index has soared 82% in the second quarter, putting it on track for its best quarter ever with one day to go. The gauge is up 94% in 2026, which if it holds would mark its best year since the dot-com boom in 1999. In contrast, the tech-heavy Nasdaq 100 Index has gained 26% in the second quarter, while the S&amp;P 500 Index has risen 14%.&nbsp;</li>
<li>Poonam Goyal, Senior U.S. E-Commerce and Retail Analyst for Bloomberg Intelligence, previews earnings from sportswear giant Nike. Investors will look for further signs of progress in the company&rsquo;s comeback effort as Chief Executive Officer Elliott Hill cements a leadership reset. Traders will also seek details about one-time tariff refunds and demand tied to the FIFA World Cup, as well as clarity on a report saying Nike planned to halt online sales by partners in China.</li>
<li>Kenneth Shea, Senior Consumer Products Analyst for Bloomberg Intelligence, looks ahead to earnings from Constellation Brands. The company&rsquo;s revenue is expected to retreat a fifth quarter in a row, weighed down by weaker wine and spirits sales. Operating margin is seen expanding though the benefits of an improved sales mix were likely offset by higher aluminum can costs.&nbsp;</li>
<li>Erin McLaughlin, Senior Economist at the Conference Board, discusses the latest economic data. US consumer confidence edged up in June, as falling gas prices offset concerns about the labor market. The Conference Board&rsquo;s gauge of confidence increased 0.6 point to 91.2 after a downward revision to the prior month, data released Tuesday showed. The median estimate in a Bloomberg survey of economists was 94.4. An indicator of present conditions fell, while a measure of expectations for the next six months advanced. A metric of perceptions about the job market closely monitored by economists fell to the lowest in more than five years. The report shows that cheaper gas resulting from a truce in the Middle East helped assuage some of the anxiety Americans have expressed about the economy in recent months. However, views of job opportunities deteriorated and consumers expect little improvement in the coming months.</li>
</ul>

Chip Stocks’ Best Quarter Ever Is Ending With Some Wild Swings

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/c6a05430-6c66-494a-9550-b479011b86c5/transcript

Watch Paul and Scarlet LIVE every day on YouTube: http://bit.ly/3vTiACF. 

Bloomberg Intelligence hosted by Paul Sweeney and Scarlet Fu 
Former Watergate prosecutor Nick Akerman joins to discuss the day’s Supreme Court decisions. A divided US Supreme Court expanded the president’s power to fire top government officials in a blockbuster decision that puts the White House firmly in control of potentially dozens of agencies that have long operated independently. The 6-3 decision overturns a 1935 precedent that laid the legal groundwork for the modern administrative state. The ruling lets President Donald Trump fire Democratic Federal Trade Commission member Rebecca Kelly Slaughter despite a law that says commissioners can be removed only for specified reasons. 
Mike McGlone, Senior Commodity Strategist for Bloomberg Intelligence, breaks down the latest in energy markets. Oil rose as traders assessed upcoming peace talks between the US and Iran following a weekend of flare-ups over the Strait of Hormuz, including an attack on a supertanker laden with crude. West Texas Intermediate pared earlier losses, trading above $70 a barrel. Brent was nearly $73 a barrel. Both Tehran and Washington will stand down on their tit-for-tat attacks for now and vessels can move freely through Hormuz, according to a US official who spoke on condition of anonymity. US President Donald Trump said the two sides are set to resume peace talks in Doha on Tuesday. 
John Butler, Senior Industry Anaylst for Bloomberg Intelligence, discusses the latest headlines in the telecom space. SpaceX could advance its plan to compete directly with incumbent operators after Bloomberg News reported it held talks with Charter to use the latter’s terrestrial network to offer broader coverage. A Charter deal would help SpaceX address a key constraint of current satellite technology: insufficient capacity to support dense urban and suburban traffic. 
Nathan Dean, Senior US Policy Analyst for Bloomberg Intelligence, joins for a look at the fate of the revised 21st Century ROAD to Housing Act, which passed Congress with overwhelming bipartisan support. BI expects the bill will likely still become law despite President Trump canceling a signing ceremony on June 24 until the SAVE America Act is passed. Presidents have 10 days to veto legislation -- with some exceptions -- or a bill automatically becomes law.

Watch Paul and Scarlet LIVE every day on YouTube: http://bit.ly/3vTiACF.&nbsp;
Bloomberg Intelligence hosted by Paul Sweeney and Scarlet Fu&nbsp;
<ul>
<li>Former Watergate prosecutor Nick Akerman joins to discuss the day&rsquo;s Supreme Court decisions. A divided US Supreme Court expanded the president&rsquo;s power to fire top government officials in a blockbuster decision that puts the White House firmly in control of potentially dozens of agencies that have long operated independently. The 6-3 decision overturns a 1935 precedent that laid the legal groundwork for the modern administrative state. The ruling lets President Donald Trump fire Democratic Federal Trade Commission member Rebecca Kelly Slaughter despite a law that says commissioners can be removed only for specified reasons.&nbsp;</li>
<li>Mike McGlone, Senior Commodity Strategist for Bloomberg Intelligence, breaks down the latest in energy markets. Oil rose as traders assessed upcoming peace talks between the US and Iran following a weekend of flare-ups over the Strait of Hormuz, including an attack on a supertanker laden with crude. West Texas Intermediate pared earlier losses, trading above $70 a barrel. Brent was nearly $73 a barrel. Both Tehran and Washington will stand down on their tit-for-tat attacks for now and vessels can move freely through Hormuz, according to a US official who spoke on condition of anonymity. US President Donald Trump said the two sides are set to resume peace talks in Doha on Tuesday.&nbsp;</li>
<li>John Butler, Senior Industry Anaylst for Bloomberg Intelligence, discusses the latest headlines in the telecom space. SpaceX could advance its plan to compete directly with incumbent operators after Bloomberg News reported it held talks with Charter to use the latter&rsquo;s terrestrial network to offer broader coverage. A Charter deal would help SpaceX address a key constraint of current satellite technology: insufficient capacity to support dense urban and suburban traffic.&nbsp;</li>
<li>Nathan Dean, Senior US Policy Analyst for Bloomberg Intelligence, joins for a look at the fate of the revised 21st Century ROAD to Housing Act, which passed Congress with overwhelming bipartisan support. BI expects the bill will likely still become law despite President Trump canceling a signing ceremony on June 24 until the SAVE America Act is passed. Presidents have 10 days to veto legislation -- with some exceptions -- or a bill automatically becomes law.</li>
</ul>

Supreme Court Thwarts Trump Bid to Oust Fed’s Cook

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/284bdf50-7497-4909-9f1d-b47801195d4f/transcript

Watch Paul and Scarlet LIVE every day on YouTube: http://bit.ly/3vTiACF.

Bloomberg Intelligence hosted by Paul Sweeney and Scarlet Fu 

- Ed Ludlow, BTech Anchor discusses the top tech stories. Technology stocks slumped after Apple and Microsoft raised prices for their products, stoking concern that rising component costs will curb demand for devices. Investors are reassessing whether soaring memory prices may begin to choke off spending by raising costs for electronics makers and consumers alike. Separately, OpenAI is leaning toward holding off on an initial public offering until 2027, according to the New York Times, citing three people involved in the company’s deliberations.

-David Welch, Bloomberg Detroit Bureau Chief, discusses Volkswagen looking to cut tens of thousands of additional jobs. The plans include doubling staff reductions and cutting general overhead costs by €11 billion by the end of this decade. Labor leaders have pushed back against the new plans, stating they "unsettle our workforce and the regions where we operate" and vowing to oppose them with all their might.

-George Ferguson, Bloomberg Intelligence Senior Aerospace, Defense, & Airlines Analyst, discusses Boeing securing an order from China Southern Airlines  valued at $3.62 billion, marking an important win for the US manufacturer after seeing orders dry up from Asia’s largest aviation market in the past decade.

-Sridhar Natarajan, Bloomberg News Chief Wall Street Correspondent, discusses the latest at JPMorgan Chase. Troy Rohrbaugh was promoted to co-president at JPMorgan and will oversee the bank's consumer business. Rohrbaugh's promotion came after the departure of Marianne Lake, and he will receive a one-time award of $30 million as part of a retention bonus. The move has lifted Rohrbaugh's odds of potentially replacing Jamie Dimon as CEO, with insiders speculating on the rapid rise of Rohrbaugh and Doug Petno, who will have sole charge of the Wall Street operations.

Watch Paul and Scarlet LIVE every day on YouTube: http://bit.ly/3vTiACF.
Bloomberg Intelligence hosted by Paul Sweeney and Scarlet Fu&nbsp; - Ed Ludlow, BTech Anchor discusses the top tech stories. Technology stocks slumped after Apple and Microsoft raised prices for their products, stoking concern that rising component costs will curb demand for devices. Investors are reassessing whether soaring memory prices may begin to choke off spending by raising costs for electronics makers and consumers alike. Separately, OpenAI is leaning toward holding off on an initial public offering until 2027, according to the New York Times, citing three people involved in the company&rsquo;s deliberations. -David Welch, Bloomberg Detroit Bureau Chief, discusses Volkswagen looking to cut tens of thousands of additional jobs. The plans include doubling staff reductions and cutting general overhead costs by &euro;11 billion by the end of this decade. Labor leaders have pushed back against the new plans, stating they "unsettle our workforce and the regions where we operate" and vowing to oppose them with all their might. -George Ferguson, Bloomberg Intelligence Senior Aerospace, Defense, &amp; Airlines Analyst, discusses Boeing securing an order from&nbsp;China Southern Airlines &nbsp;valued at $3.62 billion, marking an important win for the US manufacturer after seeing orders dry up from Asia&rsquo;s largest aviation market in the past decade. -Sridhar Natarajan, Bloomberg News Chief Wall Street Correspondent, discusses the latest at JPMorgan Chase. Troy Rohrbaugh was promoted to co-president at JPMorgan and will oversee the bank's consumer business. Rohrbaugh's promotion came after the departure of Marianne Lake, and he will receive a one-time award of $30 million as part of a retention bonus. The move has lifted Rohrbaugh's odds of potentially replacing Jamie Dimon as CEO, with insiders speculating on the rapid rise of Rohrbaugh and Doug Petno, who will have sole charge of the Wall Street operations.

AI Cost Reality Check Hits Tech Stocks as Apple Hikes Price

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/91a737ef-ecd9-4e5b-80ed-b47501157401/transcript

Deflationary Forces Will See 30-Year UST Going To 2%: Shilling

In 1 playlist(s)

Bloomberg Intelligence

Social links

Follow podcast

Recent clips