New York City Mayor Eric Adams shares insights into his re-election campaign and ongoing challenges in public safety and education. Julian Emanuel from Evercore ISI discusses the impact of tariff fluctuations on stock markets, raising concerns about the ‘unstoppable’ rally. Andrew Sheets from Morgan Stanley offers a global economic outlook, emphasizing U.S. activity amidst shifting capital dynamics. David Sowerby of Ancora elaborates on asset allocation strategies and stock picks that align with the current market rally.
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Eric Adams on NYC Education Progress
Eric Adams spoke about improvements in New York City schools including academic progress and emotional intelligence initiatives.
He highlighted universal pre-K, after-school programs, and good teacher union contracts as achievements.
insights INSIGHT
Public Safety Shapes NY Future
Eric Adams emphasized public safety and economic strength as central to New Yorkers' future desires.
He contrasted his vision with his opponent's, focusing on the importance of public safety to economic progress.
insights INSIGHT
Adams Accuses Cuomo of Sabotage
Adams accused Andrew Cuomo of creating division by supporting an independent line that split votes.
He claimed Cuomo's actions underestimated him and fueled the competitive race dynamics.
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Watch Tom and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg Surveillance hosted by Tom Keene & Paul SweeneyJuly 10th, 2025 Featuring: 1) NYC Mayor Eric Adams talks about his candidacy for re-election, the state of NYC and his former Democratic party, and working with President Trump amid federal funding fears. President Trump has been warning against the prospect of Zohran Mamdani winning the New York mayor’s race. Trump said New Yorkers should not vote for Mamdani in November, calling him a “communist,” and went so far as vaguely suggesting interest in exerting some federal influence on the city. 2) Julian Emanuel, Chief Equity & Quantitative Strategist at Evercore ISI, joins to talk about whether the "unstoppable" stock tear could come to a halt due to the latest tariff rates. Equity futures dipped amid uncertainty over the Trump administration’s trade policies as traders awaited a fresh catalyst for the next leg up in US stocks. 3) Andrew Sheets, Chief Cross Asset Strategist at Morgan Stanley, discusses his mid year global economic outlook and why, no matter the trade, all eyes will remain on US activity. Tariff headlines focused on country specific levies and copper have so far done little to derail a rebound that pushed US stocks to record highs. 4) Dominique Toublan, Head: US Credit Strategy at Barclays, talks about credit spreads and headwinds in fixed income markets. US Treasuries resumed their decline after Wednesday’s rebound, with the 10-year yield rising one basis point to 4.35%. 5) David Sowerby, Managing Director and Portfolio Manager at Ancora, joins in studio to discuss asset allocation, stock picks, and the market rally. Signs of continued economic strength, confidence in the upcoming earnings season and optimism for artificial intelligence have given traders the conviction to drive equities higher, even as doubts over trade policy persist.
Bloomberg Surveillance 