Bloomberg Surveillance

Dr. Seth Carpenter, Morgan Stanley macro chief, shares forecasts on inflation, Fed timing, oil shocks and AI-driven demand. Kit Juckes, Societe Generale FX strategist, breaks down UK political turmoil, gilt selloffs, currency risk and what could make the pound rally. Short, sharp discussions on disinflation, central bank policy and sovereign funding pressures.

Conversation about market structure, gamma dynamics and how speculators and end users influence price moves. A deep look at correlation risk and why shocks can make assets move together. A lively debate on AI mania, parabolic price action and when rapid gains signal a need to reassess risk.

Ben McMillan, CIO at IDX Advisors, offers market color on AI-driven rallies, gamma flows, dispersion and hedging approaches. Randy Schwimmer, Vice Chair at Churchill Asset Management, explains private credit liquidity, illiquidity premia and why middle-market lending can steady portfolios. They discuss private credit stress testing, who benefits from the market, and risks from rapid, option-driven moves.

Constance Hunter, chief economist who analyzes inflation and its political fallout. Ed Yardeni, seasoned economist and market strategist from Yardeni Research. They debate rising inflation readings, market resilience amid a wall of worry, and how option dynamics, earnings and geopolitics shape investment risks and policy choices.

Michael Gapen, Morgan Stanley chief U.S. economist focused on inflation and Fed policy. Elizabeth Economy, China policy expert at Hoover Institution. Katherine Thompson, Cato Institute defense and foreign policy analyst on Iran. They discuss CPI surprises and drivers. They debate U.S.-China summit priorities, Taiwan timing, China’s leverage, and Iran escalation risks.

Constance Hunter, chief economist focusing on inflation and labor markets. Ed Yardeni, market strategist known for earnings-led equity calls. Marc Pinto, head of private credit tracking liquidity and underwriting stress. Jordan Rochester, FICC strategist covering FX, geopolitics and UK politics. They discuss CPI surprises, energy and shelter inflation, private credit’s first stress test, equity rally drivers, and currency and geopolitical market impacts.

Leslie Vinjamuri, foreign policy analyst at the Chicago Council of Global Affairs, offers sharp analysis of Iran’s strategic positioning and leverage. Wei Li, BlackRock senior investment professional, breaks down valuing risk assets as discounting future cash flows and the role of rates versus growth. Short, focused conversations on geopolitical advantage and asset valuation dynamics.

Roukaya Ibrahim, BCA Research strategist on commodities and energy, breaks down oil inventories, Strait of Hormuz risks, and regional bypass options. Aaron Kennon, CEO of Clear Harbor Asset Management, unpacks semiconductor-driven market concentration, valuation vs earnings, and how hyperscaler capex could reshape returns. Short, punchy takes on geopolitics, markets, and supply-chain spillovers.

Dan Ives, tech research chief at Wedbush, on Apple’s AI play and how AI earnings signal market shifts. Leslie Vinjamuri, policy leader at the Chicago Council on Global Affairs, on stalled US‑Iran talks and strategic leverage around the Strait of Hormuz. Wei Li, BlackRock’s global investment strategist, on equity resilience and where emerging markets may offer opportunities.

Sarah Kunst, Cleo Capital investor focused on AI and tech fundamentals. Frances Donald, RBC chief economist on labor, inflation and policy. Steven Cook, CFR Middle East analyst on Iran and regional security. They discuss Iran’s leverage and strategic red lines. They examine US labor market composition and Fed dilemmas. They debate AI infrastructure fragility, valuation questions and political pressures on big tech.