PNC's Chief Investment Officer Amanda Agati is on Bloomberg This Weekend with hosts Joe Mathieu and Carol Massar and says that strong earnings and economic fundamentals continue to support US stocks, even as elevated Treasury yields and midterm uncertainty threaten to bring more volatility.
Shifting US objectives and neither side able to secure a decisive military victory make a lasting resolution difficult and Bloomberg Economics Defense Lead Becca Wasser says risks the the US-Iran conflict becoming a protracted war. Joining Joe Mathieu and Carol Massar on Bloomberg This Weekend, Wasser explains that repeated pauses could allow both sides to adapt and rearm, potentially expanding the conflict geographically and making direct US-Iran talks necessary for a durable settlement.
President Donald Trump is touting a "golden age" for the US economy, but Bloomberg News White House Correspondent Catherine Lucey is on Bloomberg This Weekend and says persistent concerns over gas, food and housing costs are complicating that message ahead of the midterms. Lucey explains to hosts Joe Mathieu and Carol Massar that Republicans in competitive races face a difficult balance between embracing Trump's economic record and addressing voters who remain frustrated about affordability and the economic fallout from the Iran war.
Author of the book 'From Presence to Power' Rashad Robinson is on Bloomberg This Weekend and explains to hosts David Gura and Christina Ruffini that visibility, media attention and public support do not amount to power unless activists build the leverage needed to change decisions and institutions. Robinson draws on campaigns involving LGBTQ rights, racial justice and technology companies to make the case for moving beyond awareness toward strategies that produce lasting change.
Navy veteran and military journalist Natalie Oliverio joins Bloomberg This Weekend and says reported food, sanitation and communication problems aboard the USS Abraham Lincoln risk undermining sailors' readiness. Oliverio explains to hosts Joe Mathieu and Carol Massar that families and lawmakers are demanding answers as the carrier has spent more than 240 consecutive days at sea, while the Pentagon disputes reports portraying conditions aboard the ship as dire.
Prime Minister Narendra Modi used his Independence Day address to lay out an ambitious path toward making India a developed economy by 2047, emphasizing self-reliance, semiconductor manufacturing, AI and nuclear power. Joining hosts Joe Mathieu and Carol Massar on Bloomberg This Weekend to discuss the Prime Ministers speech is Bloomberg News Senior Reporter Dan Strumpf.
BlackRock's Rick Rieder says the latest CPI report gave markets reason to celebrate, but inflation remains above the Fed's 2% target. He argues the economy is now "in the ballpark" and that raising overnight rates may not be the most effective way to bring inflation lower. The bigger issue for markets may be the long end of the yield curve, where fiscal deficits, heavy treasury issuance and AI-related financing push real rates higher.
The Trump administration is considering additional sanctions on Iran as the Strait of Hormuz blockade squeezes oil flows and keeps pressure on US gasoline prices. Joining Bloomberg This Weekend is Axios Business Reporter Nathan Bomey who says Washington could target companies or countries doing business with Iran, potentially putting China and its purchases of Iranian oil in the spotlight.
India's Prime Minister Narendra Modi renewed his pledge to make the country a developed nation within two decades in his Independence Day speech.
