Herman Chan

Boeing in talks to buy Spirit AeroSystems, New York Community Bancorp shares sinking, markets update, ISM manufacturing data analysis, consumer sentiment insights

Herman Chan, a Senior Analyst at Bloomberg Intelligence specializing in US Regional Banks, dives into the intriguing topic of how American banks are financing their own competition. He reveals that lending to non-bank financial institutions has skyrocketed, with a 16% annualized growth, leaving traditional sectors behind. The conversation also touches on the potential impact of proposed auto tariffs, emphasizing how they could reshape the car market and create both challenges and opportunities for automakers, including a unique advantage for Tesla.

Bloomberg Intelligence podcast features Anurag Rana on Amazon's AI growth, Craig Trudell on Tesla in China, Michael Halen on McDonald's strategy against competitors, and Herman Chan on New York Community Bank's challenges. Max Chafkin discusses Intel's $28B investment in Ohio, and Pol Lezcano talks about potential US tariffs on solar imports.

Herman Chan, a Senior Analyst for US Regional Banks at Bloomberg Intelligence, discusses Netflix's impressive earnings and strategic shifts. Netflix surpassed expectations with $11.1 billion in revenue, while embracing an ad-supported model amidst fierce competition. They also touch on how evolving consumer behavior affects the streaming landscape. Additionally, Chan highlights the resilience of regional banks in the current economic climate, noting their surprising performance against larger institutions despite previous concerns.

In this engaging discussion, David Voreacos, a Bloomberg Legal Reporter, delves into B. Riley's troubling SEC investigation. Kristina Hooper, Chief Global Markets Strategist at Invesco, shares insights on market outlook amidst current volatility. Herman Chan, a Senior Analyst, highlights the Bank of Nova Scotia's strategic acquisition of a stake in KeyCorp. Sarah Ponczek, a Financial Advisor, emphasizes long-term investment strategies while navigating market fluctuations and lending challenges. The conversation blends serious financial analysis with lighthearted banter about breakdancing.

Topics include potential Apple-Google gen-AI pact, bond market insights, TikTok ban in US, market updates, and regional banks challenges. Hosts discuss AI integration into iPhones, market dynamics, TikTok ownership bill, economic slowdown concerns, and regional banking sector challenges.

Topics include Powell's testimony, NY Community Bancorp's $1 billion investment, Milken Institute's Global Opportunity Index, and insights into the housing market, AI impact, and future Fed rate decisions.

Herman Chan discusses the recent downgrade of NYCB and its implications for the US banking system. Trend analysis and the Magnificent Seven stocks are explored, along with the use of AI in investment. The rising popularity of psychedelic mushrooms for therapy is discussed, as well as the effects of gummies and mushrooms, 'dry January', and the launch of a new streaming service.

Boeing's supply chain challenges and the risk of losing market share due to quality issues. Importance of behind-the-scenes contributors and introduction of QuickBooks Money. New York Community cutting dividend to build capital ahead of regulations. Performance of high yield versus investment grade fixed income sectors in 2023. Impact of low interest rates on homeownership and investment grade companies. Investment opportunities in technology and cyclicals.

Herman Chan discusses FDIC's plan for refilling deposit insurance funds. Dr. Helen Sabzevari talks about drug development for weight loss, cancer, and health treatments. Brian Stelter discusses his book 'Network of Lies.' Laura Martin shares her bearish outlook on Meta stock, Apple, and Disney.