Squawk on the Street Squawk on the Street 2ND Hour: 12/26/25
9 snips
Dec 26, 2025 Torsten Slock, Chief Economist at Apollo Global Management, dives into the surprising economic tailwinds boosting growth into 2026, thanks to lower oil prices and easing trade tensions. He highlights the risks of AI concentration in markets and discusses Japan's unique currency dynamics and capital flows from U.S. Treasuries. Slock also examines the Fed's cautious approach to rate cuts amid persistent inflation. The conversation is packed with insights on market movers and the potential impact on investors.
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Intel's Rally Masks Structural Hurdles
- Raskin praises Intel's cyclical tailwinds but warns structural process and yield issues persist and recovery could take years.
- Government support helps the story, but meaningful turnaround remains a long-term project.
Prefer High-Quality AI Chip Names
- Raskin recommends owning high-quality AI-related chip names like NVIDIA and Broadcom into 2026.
- She favors names with earnings upside and less risk of multiple compression.
Episode Focus Spans Macro to Sector Catalysts
- The show notes and ads mention platform and platform features but the program focuses on macro, chips, energy, defense, and crypto.
- This frames the episode's topical breadth from 2026 growth to sector-specific catalysts.