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Bloomberg
Financial

Elite Private Schools Offer Aid to Families Making $500,000

Private schools in the US are increasing financial aid and advertising discounts to attract students, as soaring tuition and a declining population of school-age children intensify competition. Some schools, such as Brearley and Deerfield Academy, are offering free tuition to families earning under certain income thresholds, and using sliding scales to determine tuition for higher-earning families. Bloomberg's Erin Hudson joins Bloomberg's Intelligence to discuss.

Leia mais: Elite Private Schools Offer Aid to Families Making $500,000
Bloomberg
Financial

Bessent's Mentor Druckenmiller Calls Bond Buying a Mistake

Stanley Druckenmiller, the billionaire investor who mentored US Treasury Secretary Scott Bessent in his early career as a hedge fund trader, suggested his former pupil is making a mistake by wading into the bond market. Bessent has recently pledged to increase the Treasury's purchases of long-dated bonds, a move widely seen as an attempt to push down yields in the world's most important debt market. Jason Trennert, Chairman and CEO at Strategas Research Partners, discusses US Treasury Secretary Scott Bessent's focus on yields and what to expect from Jackson Hole and the Fed.

Leia mais: Bessent's Mentor Druckenmiller Calls Bond Buying a Mistake
Bloomberg
Financial

Apple Mac Mini Revamp; Dick's Sporting Goods Falls on Outlook | Stock Movers

On this episode of Stock Movers: - Dick's Sporting Goods (DKS) shares are plummeting as it lowered its full-year outlook amid weakness at its recently acquired Foot Locker unit. - Apple (AAPL) shares are slightly lower as the tech giant is gearing up to launch a new version of its Mac mini desktop computer for the first time in almost two years, according to people familiar with the matter. - SpaceX (SPCX) shares are higher in the premarket as Elon Musk says SpaceX's first AI satellites, powered by Nvidia chips, will initially launch in the fourth quarter of next year and hit "significant scale" in 2028.

Leia mais: Apple Mac Mini Revamp; Dick's Sporting Goods Falls on Outlook | Stock Movers
Bloomberg
Financial

Treasury Hasn't Done Enough to Lower Yields, iCapital's Suzuki Says

Dan Suzuki, global investment strategist at iCapital, discusses the Treasury's recent attempts to lower long-term yields, arguing that the measures taken so far are insufficient and largely symbolic. Speaking on "Bloomberg Surveillance," Suzuki also says the Federal Reserve will have to start hiking rates at some point.

Leia mais: Treasury Hasn't Done Enough to Lower Yields, iCapital's Suzuki Says
Bloomberg
Financial

AI Credit Boom Risks Telecom-Era Bust, Sycamore Warns

Trey Parker, chief investment officer and co-founder of Sycamore Tree Capital Partners, sees opportunities in credit related to the AI boom, along with risks. He tells Bloomberg's Julie Fine that he sees parallels to the late-1990s telecom collapse and favors short maturities and strong data-center tenant ratings.

Leia mais: AI Credit Boom Risks Telecom-Era Bust, Sycamore Warns