Bloomberg Daybreak: US Edition Earnings Season Rolls On, Bank of England Rate Decision, Chinese Economic Data
12 snips
Oct 31, 2025 Amanda Agati, Chief Investment Officer at PNC, analyzes Q3 earnings, noting S&P results surpass expectations despite potential pullback risks. Ivan Feinseth from Tigris Capital discusses big tech performance and argues AI is not a bubble but a transformative force. He identifies leaders like Google and NVIDIA innovating in AI. Meanwhile, Dan Hanson, Chief UK economist, evaluates U.K. inflation and wage growth, predicting the Bank of England will maintain rates amidst ongoing economic uncertainties.
AI Snips
Chapters
Transcript
Episode notes
Earnings Exceed Expectations
- Amanda Agati says Q3 earnings have exceeded expectations and are supporting current market valuations.
- She stresses the trend and revisions for Q4 and 2026 matter more than one quarter's results.
Prepare For Choppier Markets
- Amanda Agati cautions investors to expect possible pullbacks given high valuations and policy uncertainty.
- She advises viewing modest volatility as healthy for the rally's sustainability.
Revisions Drive Future Growth
- Strong Q3 results are pushing analyst revisions higher for Q4 and 2026, boosting prospective earnings growth.
- The market is focused on the multi-quarter trend and Federal Reserve actions.