Markets Continue Rally as Trump Visits the Fed
Bloomberg Surveillance
Bloomberg
3.8 • 1.2K Ratings
🗓️ 25 July 2025
⏱️ 39 minutes
🧾️ Download transcript
Summary
Watch Tom and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.
Bloomberg Surveillance hosted by Tom Keene & Paul SweeneyJuly 25th, 2025
Featuring:
1) David Rosenberg, Founder and President Rosenberg Research & Associates, joins for a discussion on rates, US inflation, and the importance of Fed independence. Federal Reserve Chair Jerome Powell is under attack by President Trump, who is using a "flood the zone" strategy to pressure the Fed to lower interest rates. Trump's approach involves personally attacking Powell, questioning the Fed's spending, and discussing potential replacements, according to the article.
2) Brian Wieser, Principal at Madison & Wall, talks about the Skydance-Paramount deal getting FCC approval. The US Federal Communications Commission approved Paramount Global's merger with Skydance Media after the Trump administration extracted concessions on the news and entertainment company's political coverage and diversity practices. As part of the accord, Skydance vowed to ensure that the new company's programming embodies a diversity of viewpoints from across the political and ideological spectrum, according to FCC Chairman Brendan Carr.
3) Alicia Levine, Head of Investment Strategy and Equities at BNY, discusses her S&P 500 target and talks the pain trade and surprises to the upside. Stocks dipped at the end of a record-setting week after lackluster results from Volkswagen AG and Puma SE. Goldman's trading desk wrote in a note to clients "If you are nervous, the market is making it very easy to rent hedges" as a slew of risks loom over the market's record advance.
4) Marta Norton, Chief Investment Strategist at Empower, on asset allocation and potential for market volatility in the second half of 2025.
5) Lisa Mateo joins with the latest headlines in newspapers across the US, including an NYT story on the divided New York family, as young voters who supported Zohran Mamdani persuade their parents to do the same, as well as Business Insider's story on how people can Venmo the US government to help pay down the debt.
See omnystudio.com/listener for privacy information.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Only you know what your laptop really is, your storyboard, your soundstage, your sandbox, |
| 0:05.7 | and what it takes to create, speed, power, precision. |
| 0:09.7 | So get started building your custom PC only at Lenovo.com slash customize, |
| 0:14.3 | from frame perfect edits to color accurate displays to processes that crush 4K. |
| 0:19.4 | Only you know what you need, and you won't find it better anywhere else. |
| 0:23.3 | Build your Lenovo PC at Lenovo.com slash customize. |
| 0:27.3 | Lenovo, Lenovo. |
| 0:32.5 | Hi, I'm Lisa Mateo, introducing you to the new Stock Movers report from Bloomberg. |
| 0:39.0 | These are short audio reports, five minutes or less, delivered right to your podcast feed throughout the day. |
| 0:45.5 | Stock Movers fills you in on the day's winners and losers on Wall Street and tells you about the news and data that's driving those gains and losses. |
| 0:53.5 | If you want to stay plugged into the |
| 0:55.0 | stock market, but don't want to spend all day watching tickers scroll across your screen, |
| 1:00.2 | then Stock Movers is a place for you to get informed. Listen a couple times throughout the day |
| 1:05.7 | to find out what's moving equities and why. Search for Stock Movers on Apple Podcasts, Spotify, or anywhere else you listen. |
| 1:14.8 | Get the latest stock news and data backed by reporting from Bloomberg's 3,000 journalists and analysts across the globe. |
| 1:23.3 | Subscribe to Stockmovers, wherever you get your podcasts. |
| 1:32.6 | Music Subscribe to Stockmovers, wherever you get your podcasts. Bloomberg Audio Studios. |
| 1:35.2 | Podcasts Radio News. |
| 1:42.4 | This is the Bloomberg Surveillance Podcast. |
| 1:45.8 | Catch us live weekdays at 7 a.m. Eastern on Apple CarPlay or Android Auto with the Bloomberg business app. |
| 1:52.8 | Listen on demand wherever you get your podcasts or watch us live on YouTube. |
| 1:57.8 | Joining us now from Toronto, David Rosenberg writing his important note into the weekend. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Bloomberg, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Bloomberg and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.