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Bloomberg

Evercore's Emanuel Doesn't See Federal Reserve Moving on Rates This Year

Julian Emanuel, Evercore ISI chief equity and quantitative strategist, doesn't believe the Federal Reserve will move on interest rates this year. Emanuel is maintaining his S&P 500 year-end price target of 7,750 even though stocks have become more volatile. He speaks on "Bloomberg Surveillance."

Read more: Evercore's Emanuel Doesn't See Federal Reserve Moving on Rates This Year
Bloomberg

Nuveen's Cooper Sees Rotation Back Into Hyperscalers

Laura Cooper, global investment strategist and macro credit head at Nuveen, discusses the outlook for equity markets and why she sees the potential for a rotation back into hyperscalers. "Valuations have come off, we're now seeing revenue growth have a slight upturn going forward, and we've seen several weeks of consecutive outflows," Cooper tells Bloomberg Television.

Read more: Nuveen's Cooper Sees Rotation Back Into Hyperscalers
Bloomberg

UK's Burnham Committed to Industrial Strategy, Minister Says

UK Business Secretary Peter Kyle said the governing Labour Party's industrial strategy will survive a change of leadership, arguing Keir Starmer's likely successor, Andy Burnham, was "already committed" to the policy. Kyle made the comments Monday in an interview to Bloomberg's Lizzy Burden.

Read more: UK's Burnham Committed to Industrial Strategy, Minister Says