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The US and China need each other, and Presidents Donald Trump and Xi Jinping recognize that maintaining a conversation and a degree of cordiality is important, according to Franklin Templeton CEO Jenny Johnson. She also said markets are underestimating inflation risk and expressed concern about the pace of data center investments. Johnson made the comments in an interview with Bloomberg Television's Francine Lacqua during The Pulse.

Franklin Templeton Chief Executive Officer Jenny Johnson says that the US economy is "still very healthy" and there are reasons for the "euphoria" around markets. Speaking on Bloomberg Television, Johnson also warns of inflation risks, saying that "the reality of inflation is it's sticky" and markets are underestimating the reality of it.

Traffic in the Strait of Hormuz remains at a standstill, with the US President saying the ceasefire is on "massive life support". Dubravko Lakos, Global Head of Market Strategy at JPMorgan, says inventories have helped to offset to the energy shock so far, but we're now heading towards so-called "operational stress levels" that could potentially force the reopening of the Strait. Lakos joined Bloomberg's Francine Lacqua at JPMorgan's Global Markets Conference in Paris.

Private credit may have been hit by negative headlines, but inflows are unquestionably strong, says Sanjay Jhamna, Head of Global Credit Trading at JPMorgan. He says the fact that recent AI model releases did not result in a negative market reaction shows that the shock has passed for the software sector. Jhamna joined "The Pulse with Francine Lacqua" at the JPMorgan's Global Markets Conference in Paris.

Amanda Lynam, chief credit strategist at Goldman Sachs, says the scale of investment in artificial intelligence is forcing corporates to increasingly diversify their funding outside the US. She speaks on Bloomberg Television.

Former French Finance Minister Bruno Le Maire argued that Europe urgently needs a stronger more competitive economy and that companies like TotalEnergies should not be more taxed because they benefit from higher oil prices. He also warned about far-left extremism in France, one year ahead of the French presidential elections. Le Maire spoke exclusively with Bloomberg's Francine Lacqua from London.

Christian Mueller-Glissmann, managing director for portfolio strategy and asset allocation at Goldman Sachs, discusses risk appetite amid US efforts to end the war in Iran. "A lot of the clients we speak to do very little in terms of taking a view on that conflict," Mueller-Glissmann tells Bloomberg Television. "They rather try to do tweaks and twists to the portfolio and focus on diversification."

Vale's CFO Marcelo Bacci says strong demand from China is keeping the iron ore market resilient. The Brazilian iron ore producer reported disappointing first-quarter results. In an interview on Bloomberg's "The Pulse with Francine Lacqua" on May 6, Bacci also warned that the inflationary impact of a prolonged conflict in the Middle East would end up eroding demand.

Sam Lynton-Brown, head of global macro strategy at BNP Paribas Markets 360, discusses the economic situation in the United Kingdom. Speaking on Bloomberg Television, he says BNP is not expecting UK long-term borrowing costs to go higher following the yield on 30-year gilts' jump to 5.78% earlier in the week. "We think that's actually one of the DM bond markets that should be a little bit more insulated given how cheap valuations already are," Lynton-Brown says.

Italian cable maker Prysmian is scouting the market for a potential acquisition, Chief Executive Officer Massimo Battaini told Bloomberg TV on Tuesday. Potential targets could be similar in size to Encore Wire acquired in 2024 with an enterprise value of around 4 billion ($4.68 billion). Battaini spoke on "The Pulse with Francine Lacqua" on Bloomberg TV.