US equity futures are mixed after notching another record high, brushing off a hotter-than-expected PPI data while traders trim expectations for the Fed’s rate cut. Presidents Trump and Putin prepare for their meeting in Alaska to discuss the war in Ukraine. The Trump administration is said to be in talks to take a stake in Intel. Chris Watling of Longview Economics expects a “summer turbulence” in equity markets. Kevin Gordon of Charles Schwab discusses the Fed’s rate path. “Bloomberg Brief” delivers the market news, data and analysis you need to set your agenda.
Chapters:
00:00:00 – Intro
00:01:31 – First Look Movers
00:02:57 – Chris Watling, Longview Economics Chief Market Strategist
00:10:09 – Trending on the Terminal
00:16:00 – Front Page News
00:22:12 – First Look Movers
00:23:33 – Kevin Gordon, Charles Schwab & Co Senior Investment Strategist
00:40:10 – Trending on the Terminal
——–
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