first brand was a broad and you know well recognized issuers in in the market and uh and as part of a high yield diversified portfolio uh this was something that was deemed to be correct. So I I I I think that there is a little bit of witch hunting and and and trying to you know compare things you know between one bank or the other and uh >> and one strategy or the other is totally inappropriate. I mean, it's not the first time that somebody goes uh at Boston Chapter 11. ...

China-US Relations - Both China and the US acknowledge differing national conditions and occasional frictions as normal for leading economies [4] - Both sides express commitment to maintaining stable relations and navigating challenges together [4] - China believes its development aligns with the US's vision, emphasizing mutual success and partnership [5] - China and the US have reached a basic consensus on addressing major concerns in economic and trade [6] - Both countries can jointly shoulder responsibilities as major countries and work together for the benefit of both nations and the world [9] Leadership Perspectives - The US President acknowledges the Chinese President as a great leader and anticipates a fantastic long-term relationship [2] - The Chinese President expresses pleasure in meeting with the US President and notes frequent communication since the US President's re-election [3] - The Chinese President appreciates the US President's contribution to the Gaza Ceasefire agreement and involvement in the Cambodia-Thailand border peace efforts [7][8] Global Issues - The world faces many tough problems, and China and the US can collaborate to address them [8][9]

And absent all of the data that the Fed would usually have, um, what have policy makers been doing. >> So, there are private sector gauges, gauges of consumer confidence, gauges of industrial activity, gauges of where the jobs market is at. Uh, there are um those private sector indicators that the Fed is lean on, which is useful.They they did of course get all important inflation data last week which was the one data release that the government effectively greenlighted because it's important for the social ...

Geopolitical & Security Concerns - Concerns exist that allowing the sale of Nvidia's advanced Blackwell chips to China would compromise national security and military advantage [1][2] - The Blackwell chips are reportedly a dozen times more powerful than the H20 chips already permitted for sale to China [1] - The sale of advanced AI chips could enhance China's capabilities in cyber attacks and missile technology, posing a significant threat to the United States [2] - The industry views China as a potentially far more lethal competitor to the United States if granted access to advanced AI technology [3] Trade & Economic Strategy - The industry questions the rationale of trading long-term security advantages for short-term economic gains, such as increased sales of soybeans or access to rare earth minerals [3] - The industry suggests strengthening partnerships with allies like Australia, Canada, and Norway, who possess abundant critical minerals and rare earths, instead of selling advanced technology to potential adversaries [4] Technology & AI - Nvidia's advanced Blackwell chips could give China an advantage in training new AI models [2]

And right now we are 2 minutes away from the end of the trading day. Romaine Bostick here with Katie Greifeld taking you through to that closing bell with the global simulcast Carol Massar Tim Stenovec back there in the radio booth. Welcome to our audiences across all of our Bloomberg platforms here on a very busy afternoon.A lot of things going on there, a potential detente in the US-China trade wars, a Fed meeting that actually surprise and a rare, rare sort of move. And of course, a slew of earnings on t ...

Economic Outlook - Mexico faces an economic test balancing growth with a volatile relationship with the US [1] - The country's growth could outpace the US by the end of the decade if Plan Mexico succeeds [3] - Markets are cautiously optimistic, seeing both promise and peril in Mexico's balancing act [4] Trade Relations - Nearly 80% of Mexican exports are bought by the US, ranging from cars to oil [2] - Threats of tariffs from Washington can destabilize the peso and investment [2] Policy & Initiatives - The current administration is focused on industrialization and energy reforms [2] - Plan Mexico aims to transform border states into manufacturing powerhouses [3]

I have my highest poll numbers that I've ever had and you know based on what I read I guess I'm not allowed to run. So we'll see what happens. >> Johnson says you're trolling when you talk about a third term.>> Well I don't think I don't think I don't think he said that. I don't think he'd use that term but uh it's a very interesting thing. I have the the best numbers for any president in many years.Any president. And I would say that if you read it it's pretty clear I'm not allowed to run. Mr.. B. I miss s ...

Venezuela and Trinidad are so close to each other they can see each other's shorelines. But the presence of US warships here in Trinidad is starting to stress those bonds. US President Donald Trump is ramping up military presence in southern Caribbean and what he says is a new war on drugs that for the moment is squarely aimed at Venezuelan President Nicortas Madu and Colombian President Pedro.But Trinidad and Tobago is getting caught in the middle. Just six months into office, Prime Minister Kamla Prasad B ...

Bitcoin Investment Thesis - Bitcoin is viewed as a solution to the debt crisis and fiat currency debasement [3] - The debasement trade is gaining popularity in Wall Street circles, aligning with Bitcoin's core thesis [3] - Bitcoin offers financial freedom and an opt-out from the existing financial system [3] - The US government is unlikely to stop printing money, creating tailwinds for Bitcoin [4] Individual's Background and Transition - The individual managed actively managed fixed income portfolios at CalPERS for 15 years [1] - The individual was a large buyer of U S Treasuries [2] - Direct communication with the Fed and the Treasury led to the individual's conviction in Bitcoin [3]

Monetary Policy Stance - The industry acknowledges a challenging situation with upside risks to inflation and downside risks to employment, highlighting the absence of a risk-free policy path [1] - The industry shifted towards a more neutral policy stance, considering increased downside risks to employment [2] - The industry emphasizes that policy decisions are not predetermined and will be based on incoming data, the evolving outlook, and the balance of risks [3][5] - Differing views exist regarding further policy rate reductions, indicating that such actions are not a certainty [4] Economic Outlook - The industry faces two-sided risks in discussions regarding economic developments [3] - The industry remains prepared to respond promptly to potential economic developments [3]