Stocks Set for Monthly Loss as CME Outage Disrupts Trading
Bloomberg Surveillance
Bloomberg
4 • 1.1K Ratings
🗓️ 28 November 2025
⏱️ 42 minutes
🧾️ Download transcript
Summary
Watch Tom and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.
Bloomberg Surveillance hosted by Tom Keene & Paul Sweeney
Friday, November 28th, 2025
Featuring:
1) Max Kettner, Chief Multi-Asset Strategist at HSBC, explains why Q4 earnings expectations are at their lowest and what it means for markets.
2) Steve Sadove, former Chairman and CEO of Saks Inc., talks about holiday retail trends with 4 percent sales growth and strong inventory management.
3) Jeffrey Roach, Chief Economist at LPL Financial, examines how policy easing and tax refunds may provide economic tailwinds into next year.
4) Jordan Rochester, Head of FICC Strategy: EMEA at Mizuho, breaks down why the market is skeptical of long-term UK borrowing forecasts and leadership stability.
See omnystudio.com/listener for privacy information.
Transcript
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| 0:00.0 | To all the financial advisors listening, let's talk bonds for a minute. We've seen a lot of big |
| 0:04.7 | firms throw a couple of flashy funds your way and call it a day. But not Vanguard. Vanguard bonds |
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| 0:16.6 | actively managed by a 200-person global team. So if you're looking to give your clients consistent results year in and year out, |
| 0:23.6 | go see the record for yourself at vanguard.com slash audio. |
| 0:27.3 | That's vanguard.com slash audio. |
| 0:29.8 | All investing is subject to risk, Vanguard Marketing Corporation distributor. |
| 0:33.5 | Hi, I'm Stephen Carroll. |
| 0:35.0 | And I'm Caroline Hepka, here to introduce you to a podcast that brings you the news you need to start your day in just 15 minutes. |
| 0:42.5 | It's called Bloomberg Daybreak Europe Edition, covering all the top stories across Europe and around the world. |
| 0:48.7 | Each weekday morning, we're up early to bring you the latest news by 7 a.m. |
| 0:52.5 | We've got everything you need to know from geopolitics |
| 0:55.3 | and global events to economics and what's moving markets. I'm covering it all from London. |
| 1:00.9 | And I'm in the EU's capital Brussels. We have 3,000 journalists and analysts around the world |
| 1:05.3 | to tell you what's happening, what it means and why it matters. It's more than just business |
| 1:10.2 | headlines, from the price of your breakfast to global shifts in power. |
| 1:14.3 | Economics and money aren't just part of the story. |
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| 1:18.4 | So start your day with us on Bloomberg Daybreak Europe Edition for the news you need to know and the context to make sense of it. |
| 1:24.7 | Find new episodes of Bloomberg Daybreak Europe edition by 7 a.mam London Time on Apple, Spotify or wherever you get your podcasts. |
| 1:36.5 | Bloomberg Audio Studios. |
| 1:39.0 | Podcasts Radio News. |
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