Bloomberg Surveillance Bloomberg Surveillance TV: July 16th, 2025
Jul 16, 2025
Devin Ryan, Managing Director at Citizens, shares valuable insights on bank earnings and market trends. He discusses the current optimism among CEOs regarding equity markets amidst policy uncertainties. The conversation highlights the impacts of rising U.S. debt and the evolving landscape of banking and fintech. Ryan also elaborates on the financial implications of recent U.S. export regulations on semiconductors, particularly concerning tech giants like NVIDIA, offering a comprehensive view of investment opportunities in this changing environment.
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CEOs' Growing Confidence Amid Tariffs
- CEOs are showing more confidence about the economic outlook for the second half of 2025 despite a slower second quarter.
- They are better understanding tariff impacts and adjusting supply chains to manage uncertainties.
Valuation Risks Amid Economic Growth
- High valuations and market concentration remain key risks despite recent market gains.
- Financials show decent economic growth, suggesting positive earnings ahead for the second half of 2025.
Market Ignores Tariff Announcements
- The market increasingly dismisses new tariff announcements, believing the administration won't allow a recession.
- This assumption keeps the market stable despite ongoing trade policy uncertainty.