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Bloomberg
Financial

Mike Wilson Says Oil Risk to Equities Not Insurmountable

Mike Wilson, chief investment officer and chief US equity strategist at Morgan Stanley, discusses how markets have "digested" multiple risks through the year and says the firm is rotating instead of reducing their overall exposure to equities. Wilson also warns about concerns in the short term for stocks related to crude product prices.

Leia mais: Mike Wilson Says Oil Risk to Equities Not Insurmountable
Bloomberg
Financial

Franklin Templeton's Johnson Says Cost of Capital to Slow Some Activities

Jenny Johnson, president and CEO at Franklin Templeton Investments, discusses the rising cost of capital and the impact of the AI buildout on private credit and the US economy. Johnson speaks with Bloomberg's Guy Johnson at the IPEM Global conference in Paris, France.

Leia mais: Franklin Templeton's Johnson Says Cost of Capital to Slow Some Activities
Bloomberg
Financial

More European Savers Should Be Investing: JPMorgan

Savers across Europe and the UK could be getting a better return on their money if they put more of their cash savings into investment accounts says Patrick Thomson, EMEA CEO of JPMorgan Asset Management. This is particularly important given Europe has an ageing population, so citizens will need pensions that last for longer. Thomson spoke to Bloomberg's Francine Lacqua on 'The Pulse'.

Leia mais: More European Savers Should Be Investing: JPMorgan
Bloomberg
Financial

Bond Yields About Fundamentals, Not Bessent, Says HSBC's Kettner

Max Kettner, chief multi-asset strategist at HSBC Bank, points to US growth and exceptionalism as he makes the case for higher US yields. Kettner says, "at the end of the day, this is fundamentals, this is not about what Scott Bessent wants." He speaks on "Bloomberg Surveillance."

Leia mais: Bond Yields About Fundamentals, Not Bessent, Says HSBC's Kettner
Bloomberg
Financial

Markets Await Bessent's US Treasury Debt Buyback Details

Market participants will find out Wednesday how far Treasury Secretary Scott Bessent is initially willing to go to restrain US bond yields via an expanded buyback program. The Treasury Department is expected to announce the size of the next day's operation to repurchase outstanding 10-year to 20-year securities. Ven Ram of Bloomberg MLIV has more.

Leia mais: Markets Await Bessent's US Treasury Debt Buyback Details
Bloomberg
Financial

Ares' Jacobson Says AI Is Fueling a Software Industry Divide

Blair Jacobson, co-president of Ares Management, discusses the outlook for the software industry which came under pressure earlier this year as investors weighed the impact of artificial intelligence on the sector. "The general view was all software will get eaten by AI," Jacobson tells Bloomberg's Guy Johnson from the sidelines of the IPEM conference in Paris. "Seven, eight, nine months later, we've actually seen a bifurcation in that market," he adds.

Leia mais: Ares' Jacobson Says AI Is Fueling a Software Industry Divide
Bloomberg
Financial

Ares' Jacobson Sees Bifurcation in Software Industry

Blair Jacobson, co-president of Ares Management, discusses the outlook for the software industry which came under pressure earlier this year as investors weighed the impact of artificial intelligence on the sector. "The general view was all software will get eaten by AI," Jacobson tells Bloomberg's Guy Johnson from the sidelines of the IPEM conference in Paris. "Seven, eight, nine months later, we've actually seen a bifurcation in that market," he adds.

Leia mais: Ares' Jacobson Sees Bifurcation in Software Industry
Bloomberg
Financial

Spain's Albares Says Focused on Returning to Normality in Ceuta

Spanish Foreign Minister José Manuel Albares discusses the late-July incident that saw roughly 80,000 people illegally enter Ceuta, Spain's exclave in North Africa, from Morocco. "We are focused on giving back normality," Albares tells Bloomberg Television. "We are totally in favor of understanding everything," he says, stressing that there were several ongoing probes.

Leia mais: Spain's Albares Says Focused on Returning to Normality in Ceuta