Bloomberg Surveillance

Dan Ives, Global Head of Tech Research at Wedbush Securities, dives into the booming AI revolution and its impact on tech giants like Apple and NVIDIA. He shares insights on the explosive demand for AI chips and predicts Apple's potential partnership with Google. Andrew Slimmon from Morgan Stanley discusses the strength of equities in the current market landscape, emphasizing the importance of earnings revisions. They also explore Black Friday's evolution, consumer behavior, and the growing role of AI in holiday shopping.

Elizabeth Economy, a leading China scholar and Hargrove Senior Fellow at Stanford, shares her insights on Xi Jinping's military ambitions and Taiwan's geopolitical challenges. She discusses Xi's 2027 military readiness goal, emphasizing its implications for global security. Economy highlights increasing pressure from Beijing and explores America's political short-termism compared to China's long-term strategy. The conversation also touches on Xi's intriguing interactions with Trump, revealing China's views on potential openings in U.S. policy.

Featuring:  Peter Tchir, Head of Macro Strategy, Academy Securities Ed Al-Hussainy, Columbia Threadneedle Portfolio Manager:Fixed Income Kelly Ann Shaw, Akin Gump Strauss Hauer Mng Dir/Head:Global Multi-Asset Strategy See omnystudio.com/listener for privacy information.

Elizabeth Economy, a leading China scholar, delves into Xi Jinping's military reforms and the increased threats to Taiwan, highlighting concerns about U.S. policy. Financial analyst Chris Whalen emphasizes the role of Fannie and Freddie in housing finance and Bitcoin's transformation into a speculative asset. Political science professor Wendy Schiller discusses the impact of domestic pressures on Trump's foreign policy, especially in relation to military advice and Ukraine peace efforts. It's a riveting exploration of geopolitics and finance!

Market pressures and valuation worries take center stage as Lori Calvasina shares insights on Fed rate cut expectations. The conversation dives into Bitcoin's recent rally, exploring past predictions and market positioning. Mike McGlone analyzes post-halving trends and the impact of ETF flows on cryptocurrency, while discussing the dynamics of market euphoria and risk management as the year wraps up. It's a deep dive into current financial landscapes and crucial investment ideas.

Howard Lutnick, the U.S. Secretary of Commerce, discusses high-stakes trade negotiations with the EU, emphasizing tech investments and the national security implications of chip exports. He advocates for easing EU digital regulations and critiques the region's battery rules. Neil Dutta, a macroeconomist, shares insights on Federal Reserve policies, highlighting recession risks and rising unemployment. Dutta also speculates on the next Fed chair and connects market dynamics with monetary strategies, as they navigate a complex economic landscape.

Lori Calvasina, Head of U.S. Equity Strategy at RBC Capital Markets, shares insights on market volatility and 2026 outlooks, emphasizing the importance of earnings revisions. RaeAnn Mitrione, Partner at Callan Family Office, discusses the positive impact of AI on equity markets and advocates for diversification across sectors. Both guests touch on the implications of tech spending and alternative investments, while also addressing challenges in the crypto market and real estate price adjustments.

Stephen Miran, Federal Reserve Governor, dives into why recent economic data suggests a dovish Fed stance, highlighting nuances in inflation measurement. Gil Luria, Head of Technology Research at DA Davidson, provides insights on NVIDIA's strong demand amid startup risks. Claudia Sahm, Chief Economist at New Century Advisors, cautions against delaying Fed cuts, fearing job losses. Ulrike Hoffman-Burchardi, CIO at UBS Global Wealth Management, forecasts a 2026 market bounce driven by AI and sector rotation, emphasizing the need for strategic investment in healthcare and AI adopters.

Cameron Dawson, Chief Investment Officer at NewEdge Wealth, discusses the Fed's tricky policy choices amid market volatility. Yelena Shulyatyeva, Senior U.S. economist at the Conference Board, analyzes September’s delayed jobs report and its inflation implications. Jeff Krumpelman, Chief Investment Strategist at Mariner Wealth Advisors, shares insights on the robustness of current market valuations and sector strategies. Rich Hill, Global Head of Real Estate Strategy, explores trends in commercial real estate and the complexities of office-to-residential conversions.

In an engaging discussion, experts tackle the pressing issue of income inequality and its impact on job growth. They emphasize the importance of median income in shaping effective policies. The conversation shifts to recent market dynamics, including the implications of NVIDIA's earnings and upcoming economic data. The experts also dissect the Federal Reserve's reactive stance on rate cuts, presenting varying market perspectives. This depth of analysis offers listeners valuable insights into current economic trends.