Bloomberg Surveillance Global Stocks Eye Records
23 snips
Dec 12, 2025 
Investment strategist Ross Mayfield discusses the importance of diversifying internationally, spotlighting earnings growth as a market driver. Priya Misra offers insights on justified credit spreads and the significance of sector analysis amidst rising debt in buyouts. Sameer Singh forecasts a busy M&A landscape, influenced by AI and strong exits. Meanwhile, columnist Lisa Mateo highlights intriguing trends, such as luxury buyers seeking fully furnished homes and Canada's plan for its US-made alcohol inventory.
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Earnings Are Carrying The Market
- Earnings have carried the market after early multiple expansion, with expected 2026 earnings growth around 10–14%.
- Mayfield says fundamentals largely support current valuations, countering a pure bubble narrative.
Hold Cash To Buy January Bond Supply
- Keep cash available to buy corporate bond supply weakness in January.
- Priya Misra says optionality and careful balance-sheet analysis justify being selective and patient.
Tight Spreads Reflect Strong Fundamentals
- Credit spreads are tight but supported by healthier corporate balance sheets and attractive all-in yields.
- Priya Misra notes investors still demand long-end corporate paper for decent 5–6% yields.