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Apollo's Zelter on Fed, Dollar US Exceptionalism
Bloomberg Television· 2025-06-26 19:14
Jim South to the president of Apollo Global Management. Jim, good morning. Good morning, Jonathan, and happy birthday, sir.It's good. Thank you very much. I appreciate it.We will spend too much time on the Federal Reserve, but I do want your reaction to this journal piece overnight. Well, I think I think that the president's already one, it's a great distraction of headlines. I personally don't think he's going to name anybody too early because right now he's in the catbird seat of blaming without accountab ...
Allianz's Mohamed El-Erian weighs the economic impact on Trump replacing Fed Chair Powell
CNBC Television· 2025-06-26 17:52
Let's bring in Muhammad Ali. Muhammad is gonna have a few thoughts on this for sure. Alian's chief economic adviser, Muhammad.And here's the thing with the president's um kind of furer at Powell who is is not being very dovish right now. And and we've seen this with Supreme Court picks as well. You know, you think you're getting a conservative and you know, so is the president going to go out of his way to get someone who he thinks is going to be Look at everyone he's appointed to his cabinet the second tim ...
X @CoinDesk
CoinDesk· 2025-06-26 16:11
RT CoinDesk Podcast Network (@CoinDeskPodcast)📊 USD hits a 3-year low as Trump considers naming the next Fed chair early.Will Trump remove Powell before July? Who will be the next successor?Let us know in the comments 👇@jennsanasie brings you 'Chart of the Day,' presented by @cryptocom. 🔗👇 https://t.co/afmx88zGCF ...
What’s Keeping the Fed on Hold? | Presented by CME Group
Bloomberg Television· 2025-06-26 15:33
[Music] On June 18th, the Federal Reserve wrapped up its most recent FOMC meeting where they left the Fed funds rate unchanged for the fourth straight time and gave the largely expected comments about continuing to monitor inflation and labor market data amid ongoing economic uncertainty. The chairman mentioned particular uncertainty around the inflationary effects of tariff policy. It takes some time for tariffs to work their way through the chain of distribution to the end consumer.we're beginning to see ...
Fed's Daly on Interest Rates, Inflation, Tariff Impact
Bloomberg Television· 2025-06-26 13:35
I want to start with this data and maybe we can spend some time on a palace intrigue later on. Jobless claims, initial claims lower than expected, continuing claims higher than expected and creeping higher over the past few months. From your vantage point, president title, how much weight would you put on one versus the other.And what's the labour market picture look like in your point of view, your opinion. Well, the labor market is shaping up to be solid and the data today confirmed that. Now, continuing ...
A broadening of the market is beginning, says Dynamic Funds' Noah Blackstein
CNBC Television· 2025-06-26 12:09
joining us now with more on the markets, Noah Blackstein, Dynamic Funds, senior portfolio manager. Uh, no, we u, you know, we looked into the abyss when we I think the S&P got down to God, was it 4,800. I don't know where it was.We're we're almost all the way back to new highs. More new highs or now we look around and say, "Okay, what do we do?" Um, we're back to where we started the year basically up a little. We're up just a little.I mean from from the abyss we're up a lot obviously but um you know just f ...
Wind projects blown away? Tracking offshore wind projects
CNBC Television· 2025-06-26 11:15
President Trump's budget bill cuts federal subsidies for new offshore wind projects and that throws the future of the industry into question. Pippa Stevens is in Brooklyn. She's got a look at one project that's getting off the ground and what it means for the surrounding community.Pippa, good morning. Good morning, Becky. I'm here at the South Brooklyn Marine Terminal, which Ecuador is redeveloping in order to service its offshore wind project called Empire Wind One.It's about 15 to 30 miles south of Jones ...
Dollar and US Yields Will Diverge Further: 3-Minute MLIV
Bloomberg Television· 2025-06-26 07:32
We're looking at a market that seems to be pricing in more and more Fed rate cuts. We're thinking about maybe three pricing in two, of course, thinking about maybe we'll get to pricing in three and that's pushing futures higher a bit here in Europe and also in the United States. At how will the market deal with some sort of shadow Fed chair situation.Is that what we're looking at here. Well, first of all, we're already seeing the impact in terms of a softer dollar. We're seeing slightly softer yields.I don' ...
Trump Criticizes Fed Chair Jerome Powell at NATO Summit | WSJ News
WSJ News· 2025-06-26 00:50
You were criticizing the Federal Reserve chair before coming to this summit. I think he's terrible. I was wondering if you've begun interviewing different candidates for the Fed pick.Yeah, I I I know within three or four people who all going to pick. I mean, he goes out pretty soon fortunately because I think he's terrible. He's an average mentally person.I'd say low in terms of what he does. Low uh low IQ for what he does. Okay.Uh wait. So unsaid instead of paying $900 billion dollars, we don't want to pay ...
S&P 500 nears record high, Nvidia stock surges, Powell testimony
Yahoo Finance· 2025-06-25 15:14
Opening Bid anchor Brian Sozzi breaks down the stocks to watch and the latest financial news to unleash the power of your portfolio for June 25, 2025. S&P 500 is within striking distance of a record high. We look at stocks to watch and what could drive markets higher. HPE CEO Antonio Neri speaks with Brian about AI and the partnership with Nvidia to expand AI factories and offerings. He also discusses the DOJ suing to block the $14 billion Juniper acquisition. Nvidia stock surges to its highest level since ...