Stock Rally Stalls Ahead of Big-Tech Earnings, Fed Decision
Bloomberg Surveillance
Bloomberg
3.8 • 1.2K Ratings
🗓️ 28 October 2025
⏱️ 43 minutes
🧾️ Download transcript
Summary
Watch Tom and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.
Bloomberg Surveillance hosted by Tom Keene & Scarlet Fu
Tuesday, October 28th, 2025
1) Robert Kaplan, Vice Chairman of Goldman Sachs and former Dallas Fed President, on why he expects the FOMC to cut rates at this week's meeting.
2) Ed Yardeni, President at Yardeni Research, discusses the potential risks of a preemptive rate cut by Fed policymakers.
3) Drew Matus, Chief Market Strategist at MetLife, on how the lack of economic data will impact the Fed's strategy this week.
4) Steve Sosnick, Chief Strategist at Interactive Brokers, gives his take on mega-cap tech earnings and the impact of US tariff policy.
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Transcript
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| 0:00.0 | Hello and welcome. |
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| 0:04.2 | I'm Michelle Hussein. |
| 0:05.7 | I speak with people like Elon Musk. |
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| 0:09.2 | And Shonda Rhymes. |
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| 0:16.7 | to help make sense of the world. |
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| 0:21.6 | to the Michelle Hussein show |
| 0:23.6 | from Bloomberg Weekend, |
| 0:25.6 | wherever you get your podcasts. |
| 0:27.2 | You certainly ask interesting questions. |
| 0:32.6 | Bloomberg Audio Studios, |
| 0:35.1 | podcasts, radio news. Thank you. This Bloomberg Audio Studios. Podcasts, Radio, News. |
| 0:42.5 | This is the Bloomberg Surveillance Podcast. |
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| 0:57.7 | Robert Kaplan, of course, the former president of the Dallas Fed, there's five people for chairman. |
| 1:03.1 | I would suggest Kaplan could be sixth chairman. Have you spoken to Mr. Besant about this position? |
... |
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