Bloomberg Surveillance TV: June 11, 2024

Bloomberg Surveillance

Bloomberg

News, Investing, Business News, Business

4 • 1.1K Ratings

🗓️ 11 June 2024

⏱️ 34 minutes

🔗️ Recording | iTunes | RSS

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Summary

-Russ Koesterich, BlackRock Global Allocation Fund Portfolio Manager
-Tom Forte, Maxim Group Managing Director, Senior Consumer Internet Analyst
-Dan Ives, Wedbush Senior Equity Analyst
-Mark McCormick, TD Bank Global Head: FX and EM Strategy
-Stephen Stanley, Santander Chief Economist

BlackRock’s Russ Koesterich provides insights into market expectations ahead of tomorrow’s CPI release and the Fed’s decision. Tom Forte of Maxim Group and Dan Ives of Wedbush offer contrasting perspectives on Apple’s WWDC. While Ives expresses enthusiasm for the OpenAI partnership and new AI developments, Forte remains cautious, stating that he believes AI is not yet ready for primetime. TD's Mark McCormick and Stephen Stanley of Santander discuss inflation and potential Fed actions in anticipation of tomorrow’s events.

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Transcript

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0:00.0	The Bloomberg Sustainable Business Summit returns to Singapore on July 31st for solutions-driven discussions on unlocking growth in times of increased ESG scrutiny and competition.
0:12.0	Join global business leaders and investors
0:15.0	to drive innovation and scale best practices
0:17.7	in sustainable business and finance.
0:19.9	Learn more at Bloomberg Live.com
0:22.0	slash Sustainable Viziz Singapore.
0:24.3	That's Bloomberg Live.
0:25.3	dot com slash Sustainable Biz Singapore.
0:28.6	Bloomberg Audio Studios.
0:34.0	Podcasts, Radio News.
0:37.0	This is the Bloomberg Surveillance Podcast. I'm Jonathan Ferro along with Lisa
0:45.5	Abramowitz and Anne Marie Hordern. Join us each day for insight from the best in
0:49.6	markets, economics and geopolitics. From our global headquarters in New York City
0:54.0	we are live on Bloomberg Television weekday mornings from 6 to 9 AM
0:58.0	Eastern subscribe to the podcast on Apple, Spotify or anywhere else you listen
1:02.0	and as always on the Bloebo
1:03.6	Terminal and the Bloomboke business app.
1:06.2	Russ Kostrick of Black Rock saying this we think markets are vulnerable to modest
1:09.8	pullbacks on both sticky inflation as well as the pre-election trade as we get into late
1:14.6	summer and full election season. That said we think the market can end this year
1:19.2	higher. Russ joins us now for more. So Russ let's start with the equity market picture sir you've been trimming
1:24.6	since spring I know you're still constructive on the stock market can you just walk
	...

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