Bloomberg Surveillance
Traders Ready for CPI and Apple Partners with OpenAI
Jun 11, 2024
A lively discussion with James Steel on the bullish case for gold and other commodities, followed by Virginie Maisonneuve's insights on US inflation expectations and reactions to EU elections. Lauren Goodwin covers the Fed's challenges and the impact of rate cuts on asset allocation. Gene Munster reacts to Apple partnering with OpenAI for artificial intelligence advancements.
34:22
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Quick takeaways
- Gold market dynamics influenced by individuals more than asset managers
- Apple's AI entry focuses on privacy-sensitive features for consumer appeal
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