Senior Analyst Alison Williams discusses bank earnings. Whitney Tilson debates President Biden's ticket. CIO Cam Dawson talks about PPI, inflation, and the equity rally. Bob Hormats examines US China policy for the 2024 election.
Senior Analyst reacts to bank earnings, highlighting financial sector performance.
Discussion on President Biden's political stance and potential impacts on the ticket.
CIO analysis on PPI, inflation data, and equity market trends.
Former US Under Secretary of State discusses US-China policy dynamics and election impact.
Deep dives
Wells Fargo Wealth Solutions
Wells Fargo Advisors offers sophisticated financial solutions for private wealth clients, providing custom wealth strategies and premium benefits tailored to their needs. With services like legacy planning and custom lending, Wells Fargo Advisors can help elevate clients' financial portfolios.
Lenovo Pro for Small Businesses
Lenovo Pro offers small businesses free access to expertise and resources for making impactful tech decisions. By joining Lenovo Pro, businesses can leverage the latest tech trends like AI, save costs, and receive long-term guidance for maximizing tech opportunities.
JP Morgan's Strategic Investments
JP Morgan's success is attributed to its willingness to invest in technology and strategic initiatives. By focusing on technology investments, JP Morgan has seen substantial growth and enhanced trading results, showcasing a forward-looking approach to financial strategies.
Challenges and Opportunities for Wells Fargo
Wells Fargo faces challenges with ongoing customer remediation costs and regulatory issues, impacting their operating costs. Despite these challenges, the company continues to guide on banking revenues and trading results, emphasizing a need to navigate complexities in the financial landscape.
US-China Relations and Economic Uncertainties
Ambassador Hormats highlights uncertainties in China, including economic challenges such as debt accumulation and technological advancements. The intricate balance between economic policy and global relationships underscores the complexities faced by nations like China in balancing growth and stability.
Economic Shifts and Market Dynamics
Kim Dawson discusses market shifts influenced by factors like inflation data and Federal Reserve actions. Market reactions to CPI prints and PPI data hint at potential impacts on dollar depreciation and market performance, reflecting evolving economic patterns and central bank policies.
Foreign Policy and Economic Alliances
Robert Hormats emphasizes the crucial link between economic alliances and political strategies in shaping foreign policy. Strong economic foundations are essential for supporting political and strategic alliances, underscoring the interconnected nature of global economics and geopolitics.
Watch Tom and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg Surveillance hosted by Tom Keene and Paul SweeneyJuly 12th, 2024 Featuring:
Alison Williams, Senior Analyst at Bloomberg Intelligence, reacts to bank earnings
Whitney Tilson, editor at Stansberry Research, founder of Kase Capital, and Democratic donor, talks about whether President Biden should stay on the ticket
Cam Dawson, CIO at NewEdge Wealth, on PPI, inflation data, and the equity rally
Bob Hormats, former US Under Secretary of State for Economic Growth, Energy, and the Environment, discusses US China policy and how it would be affected by the 2024 election
