Bloomberg Surveillance

Dan Morgan, a Senior Portfolio Manager at Synovus Trust, and Ed Ludlow, Co-Host at Bloomberg Technology, dive into the latest earnings reports from Microsoft and AMD. They explore Microsoft’s surprising share price decline despite its AI investments and discuss investor disappointment regarding Azure's growth. In contrast, AMD shines with strong performance in the AI sector. The conversation also highlights AI's growing role in enterprise productivity and customer support, marking a pivotal shift in tech company strategies and investor outlooks.

Ben Laidler, a market analysis expert, and Mike Green, a macroeconomic strategist, dive into the intricacies of navigating stock markets amid geopolitical challenges. They discuss the performance of the NASDAQ and Microsoft's crucial earnings announcement. The conversation also touches on the economic decline in Venezuela, highlighting investment complexities. Additionally, they explore the impact of upcoming Federal Reserve meetings and the interplay of inflation with technological innovations, sharing personal experiences with self-driving technology.

Bob Doll is the President, CEO, and CIO of Crossmark Global Investments; Sen. Bill Hagerty is a former US Ambassador to Japan and current Senator; Tiffany Wilding is an economist at PIMCO, and Steven Ricchiuto is the US Chief Economist at Mizuho Securities. They discuss the impact of Microsoft’s MAX7 earnings on market dynamics. Hagerty shares insights on Trump’s potential second-term policies, while Wilding and Ricchiuto explore the likelihood of a Fed rate cut in September amidst economic uncertainty and trade policy challenges.

Kathy Bostjancic, Chief Economist at Nationwide, shares her insights on the upcoming FOMC meetings and the possibility of a surprise rate cut. Terry Haines, founder of Pangaea Policy, offers a deep dive into Kamala Harris's campaign strategy and potential debate dynamics with Trump. They discuss the economic implications of employment trends, the balancing act of inflation, and how political maneuvers might shape voter perceptions as the election approaches. Plus, fascinating tech discussions around Tesla's autonomous innovations!

Joining Tom Keene are Jurrien Timmer, a global macroeconomic expert, and Troy Gayeski, a strategist in market analysis. They dive into the recent shifts in financial markets following a pivotal Federal Reserve meeting. The discussion centers on potential interest rate cuts and their influence on earnings growth, while dissecting consumer spending trends through a unique McDonald's case study. They also reflect on the bull market's evolution, addressing investor sentiment and the challenges of forecasting amidst unprecedented volatility.

Steve Englander, the Global Head of G10 FX Research at Standard Chartered Bank, dives into Treasury Secretary Yellen's remarks about Trump’s influence on the dollar and previews the BOJ's upcoming moves. Jeannette Lowe from Strategas discusses Kamala Harris's hunt for a VP pick amidst a shifting political landscape. Meanwhile, James Camp and Zach Griffiths analyze data suggesting possible rate cuts by the Fed in September, investigating how these financial decisions could impact markets and bond trading.

Jurrien Timmer, Director of Global Macro at Fidelity Management, analyzes market volatility ahead of potential Fed changes. Henrietta Treyz, Managing Partner at Veda Partners, discusses Kamala Harris's surge in the polls as her campaign gains momentum. Ayesha Kiani shares insights on President Trump's comments regarding Bitcoin and its market implications in the context of the upcoming presidential race. The conversation highlights the intersecting dynamics of politics and digital assets, setting the stage for an intriguing election season.

Ira Jersey, a financial markets guru, and Gene Munster, a tech investment visionary, dive into the pressing issues of inflation and interest rates. They dissect cyclical patterns affecting today's economy, urging immediate Federal Reserve action. The duo also highlights the crucial role of capital expenditures in the AI sector, forecasting a massive $150 billion investment over the next three years. Their insights on how companies like Tesla and Google are navigating these trends reveal vital implications for market performance.

Sam Stovall, Chief Investment Strategist at CFRA, provides insights on the upcoming earnings for the tech sector's 'Mag 7' companies. Tobin Marcus, Head of US Politics and Policy at Wolfe Research, discusses the campaign strategies of Trump and Harris as both gear up for a crucial election season. Giorgio Furlani, CEO of AC Milan, shares the club's ambitions to expand its presence in the US, especially with their New York City match against Manchester City, highlighting the growth of soccer in America.

Cam Dawson, CIO at NewEdge Wealth, analyzes market reactions to PCE data, while Neil Dutta from Renaissance Macro Research provides insights into the economic landscape. Greg Valliere, Chief US Policy Analyst at AGF Investments, discusses the impact of Obama’s endorsement of Kamala Harris amid shifting US political stances. Gene Munster, Managing Partner at Deepwater Asset Management, wraps up the conversation with a look at big tech earnings and the future of AI investments, keeping listeners engaged with industry trends and economic forecasts.