Constantine Alexandrakis, who leads Russell Reynolds Associates and wrote The Catalyst CEO, joins to discuss the leadership challenge and the idea that CEOs cannot drive transformation alone. The discussion broadens into a larger question about what kind of CEO is needed when a company requires both cultural repair and strategic disruption. He speaks with Romaine Bostick on "The Close."
Elizabeth Semmelhack says Nike's legacy in sneakers like Jordans, Dunks and Air Force Ones still carries major cultural weight. She noted that the brand helped define sneaker culture for decades and that its presence remains visible across American cities. But she argued the market is now far more crowded than in the 1970s, 1980s and 1990s, with many more brands competing for the same cultural attention. She speaks with Romaine Bostick on "The Close."
In an exclusive interview on Bloomberg The Close, Andrea Guerzoni, EY Global Vice Chair, discusses a pullback in EY Parthenon's latest CEO outlook survey. Guerzoni points to the survey's confidence reading falling from a record 62% to 51% and asks why that drop occurred, noting it is a decline but not a collapse. He speaks to Romaine Bostick & Emily Graffeo on "The Close."
CFRA Equity Analyst Zachary Warring discusses Nike's latest quarterly results and strategic shift. Speaking on "Bloomberg The Close," Warring says that despite maintaining a buy rating, he calls the quarter and full-year guidance disappointing, noting double-digit revenue declines and earnings per share below his expectations.
Nuveen has completed its acquisition of Schroders, forming a combined asset manager with $2.6 trillion in assets under management and operations in more than 40 markets. In an exclusive interview, Bill Huffman said the deal brings together two strong firms to create a global platform that can serve clients across a wider range of market conditions. He speaks to Romaine Bostick on "The Close."
Kevin Murphy, CEO of Ferguson, joins the program to discuss broader manufacturing conditions. Murphy notes that manufacturing appeared to emerge from a multiyear slump earlier in the year, helped by several tailwinds, and asks whether that momentum is still holding as the final three months of the year begin. He speaks with Romaine Bostick & Emily Graffeo on "The Close."
"I don't currently see an urgent need for further action," Federal Reserve Vice Chair for Supervision Michelle Bowman says after being asked about the future of monetary policy during an event hosted by the Atlantic Council in Washington.
Federal Reserve officials weigh in on the sharp rise in Treasury yields after the 10-year hit a 24-year high. Minneapolis Fed President Neel Kashkari appeared on Bloomberg Surveillance Thursday, while Boston Fed President Susan Collins and Kansas City Fed President Jeff Schmid spoke in Asheville, North Carolina. And Fed Vice Chair Philip Jefferson discussed monetary policy at the University of Virginia.
Stephanie Roth, chief economist at Wolfe Research joins Emily Graffeo on "Bloomberg Real Yield." US Treasuries rebounded from the global bond selloff that raced through European markets on Thursday. Earlier in the day, US 10-year yield surged to the highest level since 2002.
Bloomberg's Shruti Singh and Aashna Shah join Emily Graffeo on "Bloomberg Real Yield." A painful fixed-income selloff is eroding returns in state and local government debt, driving the rate on benchmark 30-year municipal bonds above the 5% threshold, the highest since at least January 2011.
Annie Seelaus, CEO of R. Seelaus, and John Lloyd, global head of multi-sector and corporate credit at Janus Henderson, join Emily Graffeo on "Bloomberg Real Yield." The spread on the riskiest US corporate bonds has jumped above 1,000 basis points over Treasuries for the first time since the regional banking crisis in 2023. That level of risk premium typically implies high probability of default, restructuring or loss.
Tara Hariharan, Co-CIO with NWI Management, joins Emily Graffeo on "Bloomberg Real Yield." Dollar debt from countries in the emerging world has turned negative for the year, after having outperformed as turmoil sent yields on US Treasuries to the highest in nearly two decades.
