Ed Yardeni Sees AI Scare Potentially Lasting Through Middle of the Year
Edward Yardeni, president at Yardeni Research, sees the rotation away from AI and tech stocks as a "healthy rebalancing" of the market.

Edward Yardeni, president at Yardeni Research, sees the rotation away from AI and tech stocks as a "healthy rebalancing" of the market.
Bloomberg's Isabel Reynolds interviews ASICS President and COO, Mitsuyuki Tominaga at an event for Bloomberg.com subscribers in Tokyo.
US Secretary of State Marco Rubio said Wednesday that the Department of Homeland Security and Coast Guard would be looking into an incident where Cuban forces killed four people who had opened fire on a military vessel from a speedboat with Florida tags. Mica Soellner of Bloomberg Government has more on Bloomberg Television.
The London Stock Exchange Group has announced plans to buy back £3 billion of its own shares, as it reported full year results less than a month after it emerged that Elliott Investment Management had taken a stake. The company also hiked its final dividend 15.7% to 103 pence a share and set new guidance for the next two years. LSEG CEO David Schwimmer Spoke to Caroline Hepker and Stephen Carroll on Bloomberg Radio. Bloomberg LP, the parent company of Bloomberg News, competes with LSEG to provide financial news, data and information.
Japan's sovereign bonds can offer yields of around 6% for dollar-based investors willing to take a bet on long-dated debt, according to BlackRock Inc., which dubbed the current backdrop a "golden age" for investing. He speaks with Haslinda Amin and Avril Hong on Bloomberg TV.
HKEX chief executive Bonnie Chan says the Hong Kong exchange has attracted a diverse range of IPO applicants, from different sectors and geographies. She tells Bloomberg's Stephen Engle that this will help the exchange weather uncertainty around the AI sector.
Marathon Asset Management founder and CEO Bruce Richards says private credit is too exposed to the software industry, telling Bloomberg Television there is a risk that defaults in software-exposed private credit markets could reach more than 15%.
Anna Edwards, Guy Johnson, Tom Mackenzie and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."
London Stock Exchange Group Plc Chief Executive Officer David Schwimmer discusses the group's plans to buy back £3 billion ($4.1 billion) of its own shares. Speaking on Bloomberg Television, Schwimmer says £3 billion is "the biggest buyback" the LSEG has ever announced.
Karen Ward, JPMorgan Asset Management's EMEA chief market strategist, discusses the market's reaction following the so-called "AI scare trade." She says investors are "absolutely right" to be picking into the story and the idea of "price to perfection." Speaking on Bloomberg Television, Ward adds the rotation "still has a lot further to go" within the US market.
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