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Markets and AI Stocks: State Street Says Tech to Drive Equity Gains in 2026
Bloomberg Television· 2025-12-17 08:34
when we kind of looking ahead to the next year, I mean we kind of think about the drivers that provided us with a very strong support for stocks this year and it was okay corporate profits that was a good uh good support and normalization of monetary policy and particularly in US and I think we're still in in that world where corporate earnings are being strong we see positive earnings revisions overall and policy is normalizing so I think that at least like in foreseeable future before events start hitting ...
UK Inflation Falls More Than Expected, Clearing Way for BOE Rate Cut
Bloomberg Television· 2025-12-17 08:01
Is this a fluke or is it enough to comfort the hawks on the Bank of England who are worried about inflation longer term. I don't think it's a fluke, but I also think that the hawks on the Bank of England will still be there fretting about some of the structural stories in the background. So I think, you know, in the middle is Governor Bailey, you know, he's the he's the key voter that's going to decide what they'll do in December is certainly enough for him because I think the weakness is fairly broad versu ...
iRobot Co-Founder Questions Lack of Outcry Over Company’s Sale to China
Bloomberg Television· 2025-12-17 07:54
iRobot, the maker of the Roomba robotic vacuum, has filed for a prepackaged Chapter 11 bankruptcy, and the fallout has reached Wall Street. Carlyle Group has lost more than $100 million on a loan to the firm, recovering just 39 million. Carlyle eventually sold the remaining debt at a steep discount to a subsidiary of China based Pickett Robotics, which is now set to acquire iRobot through a court supervised restructuring.Since its 22 debut, iRobot has sold over 50 million units of the Roomba and remains a h ...
Trump Ratchets Up Pressure on Venezuela With Oil Blockade
Bloomberg Television· 2025-12-17 06:45
Geopolitical Strategy & Regime Change - The US is potentially using the blockade of Venezuela as a strategy for regime change by putting pressure on the current government [1][2] - The US administration has blamed Venezuela for drug trafficking and illegal immigration, using this as justification for increased pressure [3][4] Oil Market Impact Assessment - The US administration's actions are timed to coincide with a market glut and weak oil prices [4] - Initial market reaction shows a nearly 15% increase in oil prices, but Brent crude remains below $60 per barrel [5] - Venezuela's oil exports, roughly 500-600 thousand barrels per day, account for less than 1% of the global oil market's consumption of 100 million barrels per day [6][7] - Removing Venezuelan oil, even entirely, is unlikely to fundamentally alter the oil market due to existing oversupply and weak prices [7][9] - The focus is on where China will find replacements for Venezuelan oil and whether they can find suitable grades [8] Market Sentiment vs Fundamentals - Any price increase is more sentiment-driven than based on actual changes in oil market fundamentals [6] - The oil market faces more downside risk, even with the removal of Venezuelan barrels [9]
Can China's Markets Shed 'Uninvestable' Tag for Good?
Bloomberg Television· 2025-12-17 05:21
Market Performance & Investment Sentiment - China's market has outperformed its global peers this year, narrowing the performance gaps with countries like the U.S., Japan, Korea, and Taiwan [1] - Investor sentiment towards China has subtly shifted from super optimistic to a more balanced or neutral stance, though still slightly under-balanced [4] - A disconnect exists between the economy and the market, with investors seeking economic recovery and better earnings to sustain the rally into next year [6] Key Drivers & Surprises - A significant surprise this year was China's technological breakthrough, potentially positioning it better than the U.S. in certain aspects of AI [7][8] - China has demonstrated its leverage and preparedness, alleviating fears of being cut off from the global trade and financial systems [9][10] - Investors have high confidence in policymakers, supply, and liquidity supporting the stock market, making further positive surprises on this front less likely [12] Economic Impact & Policy - A technology breakthrough leading to high-paying jobs is seen as a potential positive surprise, which could fundamentally turn around consumption and stabilize the property market [12][13] - More decisive and forceful policy in addressing overcapacity issues would be welcomed by the market [14] - The wealth effect from the stock market rebound is not expected to be significant, as much of household wealth remains locked in the property market [16][17] Valuation & Earnings - Valuations are getting stretched not only for China but even more so for other Asian markets, especially Northeast Asian markets [21] - The market is hoping to see an earnings turnaround as a key driver for future growth [20][21] - Even with a stock market recovery, a K-shaped consumption pattern is anticipated, benefiting wealthier households while mass market consumption remains depressed [22][23]
Bitcoin Market Decline a 'Healthy Retracement,' Says MARA's Thiel
Bloomberg Television· 2025-12-17 05:01
The decline in the asset price this year is certainly, you know, $126,000. That was a major high earlier this year. That was a big moment for the cryptocurrency, but down close to 30 or more than 30% from that.How much lower does Bitcoin go. I think, you know, Bitcoin at this level is finding support in the kind of 84,000 range, which is just about where the break even point is on most ETF purchases. Bitcoin ETF purchases and that seems to be a level of support where essentially people, large investors who ...
Ken Griffin: Europe’s capital markets not “robust enough” #shorts #europe #markets #kengriffin
Bloomberg Television· 2025-12-17 01:11
There's no doubt that the Western world needs Europe to be more successful. We need to see higher economic growth in Europe. We need to see more innovation. We need to see more consumer demand for goods and services because the Western world will only be strong and prosperous if we have a strong and prosperous Europe.>> What does the road ahead to get that strong and prosperous Europe look like. How do we get there. Look, I think I think Mario Draghi did a fantastic job putting forth a playbook for how to r ...
Authorities ask for leads in Brown University shooting #shorts #brownuniversity #brownshooting
Bloomberg Television· 2025-12-17 01:10
Tonight, as arrest stated, we are renewing our calls for the public's assistance in seeking any and all information about the shooter. No amount of information is too small or irrelevant. We are also here to announce the FBI is now offering the reward of $50,000 for information that could lead to the identification, the arrest, and the conviction of the individual responsible who we believe to be armed and dangerous.We're asking everyone in Rhode Island and beyond to review the new images of the suspect, sh ...
US payrolls rise 64,000 after October drop, unemployment up #shorts #jobs #unemployment #labormarket
Bloomberg Television· 2025-12-17 01:10
Employment Data Analysis - November saw the creation of 64,000 jobs, contrasting with a loss of 105,000 jobs in October [1] - October's job numbers were generally weak across various categories, followed by a rebound in November [1] - The November unemployment rate increased to 564% (unrounded) from 444% in September, indicating a significant rise over two months [2] - The labor force increased by 323,000 over two months, but data on hires and fires is missing [3] Data Reliability Concerns - The Labor Department reported a stronger than normal response on the establishment survey (jobs created) [4] - A weaker than normal response was noted on the household survey for November, impacting the unemployment rate calculation, suggesting a need to consider error margins [5] Economic Outlook - The Federal Reserve faces challenges in assessing the current economic state and future trajectory due to incomplete data [4]
Trump, White House Staff Defends Wiles After Vanity Fair Interview | Balance of Power: 12/16/2025
Bloomberg Television· 2025-12-17 00:54
>> THIS IS "BALANCE OF POWER," LIVE FROM WASHINGTON, D. C. JOE: FROM BLOOMBERG'S "WASHINGTON, D.C. STUDIOS TO TV AND RADIO AUDIENCES NATIONWIDE, THIS IS "BALANCE OF POWER." AND FINALIST INTERVIEWS FOR FED CHAIR NOW ON THE DOCKET. WE BRING YOU LIED TO THE WHITE HOUSE. PLUS, CHIEF UNFILTERED. THE WHITE HOUSE REACTING TO SUSIE WILES'S STUNNINGLY CANDID INTERVIEWS WITH "VANITY FAIR. " EVERYTHING FROM TRUMP'S ALCOHOLIC PERSONALITY TO HIS DESIRE FOR RETRIBUTION, AND WHAT ARE TRUMP'S TRUE INTENTIONS WHEN IT COMES ...