House Bill Funds the Govt. Through Election Day
Спикеры
Brad Sherman
— U.S. Representative, D-CA
Chris Sununu
— Бывший губернатор Нью-Гэмпшира / президент Airlines for America
Jeff Minton
— Bloomberg Reporter
Chip Roy
— Член Палаты представителей США (R-TX)
Jennifer Welch
— Аналитик, Bloomberg Economics
The episode covers escalating U.S.-Iran hostilities, passage of a stopgap government funding bill, and the market impact of higher oil prices and bond yields. Rep. Brad Sherman says oil markets are pricing a return to diplomacy but the conflict could drag on. Rep. Chip Roy criticizes the funding bill and warns on deficits, while Airlines for America CEO Chris Sununu says elevated jet fuel costs are pressuring airlines despite strong demand. Markets fell for a third day as crude spiked and bond yields rose.
- U.S. strikes on Iran and Iranian retaliation raise Middle East escalation and oil supply risks.
- The House passes a continuing resolution funding the government through mid-December, avoiding a pre-election shutdown.
- Rep. Brad Sherman says oil markets expect U.S.-Iran diplomacy but the conflict may be prolonged.
- Rep. Chip Roy opposed the CR, calling for regular appropriations and spending restraint amid deficit concerns.
- Jeff Minton notes energy stocks and crude rose while broad equities fell; Dell surged after hours.
- Chris Sununu says high jet fuel prices are crushing airlines even as travel demand remains strong.
- Sununu sees no quick Iran deal, so oil and jet fuel costs likely remain elevated into fall or December.
- Strategists discuss midterm politics and bond market concerns about deficits and inflation.
Идеи
Oil markets predict return to diplomacy.
Oil markets are signaling that the U.S. and Iran will eventually return to diplomacy, but the conflict may still drag on for years with periodic closures and openings of the Strait of Hormuz and intermittent hostilities, leaving oil exposed to recurring geopolitical risk.
Apple and Meta face less AI headwinds.
Apple and Meta are bucking the broader market decline, potentially because they are less exposed to AI-related headwinds and have different spending profiles than NVIDIA's largest customers such as Alphabet, Amazon, and Microsoft.
High jet fuel costs crush airlines.
Jet fuel prices are extremely high and are crushing the airline industry despite strong travel demand, revenues, and quarterly results; competition is keeping customer fares relatively low, so airlines are absorbing much of the fuel cost, with international travel hit especially hard.
Далее
This Bloomberg Markets video, published September 01, 2026, features Brad Sherman, Jeff Minton, Chris Sununu discussing WTI, AAPL, META, JETS. 3 trade ideas extracted by AI with direction and confidence scoring.
Speakers: Brad Sherman, Jeff Minton, Chris Sununu · Tickers: WTI, AAPL, META, JETS