Bloomberg Surveillance 8/19/2026

Смотреть на YouTube ↗ | 19 августа 2026, 15:20 | 2:24:25 | Bloomberg Markets

Спикеры

Lindsay Rosner — Глава отдела цифровых активов, Grayscale

Ed Yardeni — Президент, Yardeni Research

Henrietta Treyz — Политический аналитик, Veda Partners

Brian Hamilton — Основатель и председатель, LiveSwitch

Gennadiy Goldberg — Head of US Rates Strategy, TD Securities

Liz Ann Sonders — Главный инвестиционный стратег, Charles Schwab

Sucharita Kodali — Аналитик розничного сектора, Forrester

Jeanne Sun — Citi Wealth

Jennifer Huddleston — Cato Institute

Cameron Dawson — Директор по инвестициям, New Edge Wealth

Jim Bullard — Former St. Louis Fed President

The program covers the recent surge in long-end Treasury yields and its implications for equity markets, alongside discussions on corporate debt issuance by hyperscalers. Analysts debate whether the bond market is returning to a pre-Great Financial Crisis normal or if rising yields pose a systemic risk. Additionally, the show highlights political pushback against AI data center expansion and previews key retail earnings. - Long-end Treasury yields reach decade highs, prompting Treasury buyback announcements. - Hyperscaler debt issuance remains robust without crowding out the broader IG market. - Political resistance to AI data centers grows due to energy and resource concerns. - Target's earnings beat expectations, signaling a successful operational turnaround. - Analysts view 4%-5% bond yields as a return to normal rather than a crisis. - Upcoming Fed minutes and Jackson Hole symposium are highly anticipated for policy clarity.

Идеи

Jennifer Huddleston Cato Institute 31:36

Meta faces significant risks from child safety trial.

The landmark child safety trial against Meta could result in significant fines and forced product changes, acting as a deterrent and impacting the broader social media industry.

Lindsay Rosner Глава отдела цифровых активов, Grayscale 41:26

BBB-rated hyperscaler debt offers attractive risk premiums.

The heavy debt issuance by hyperscalers is not crowding out the broader investment grade market, and BBB-rated hyperscaler debt offers an attractive investment opportunity as these companies are expected to remain solidly investment grade.

Lindsay Rosner Глава отдела цифровых активов, Grayscale 44:57

Current base rates offer attractive real yields.

Base rates offer attractive all-in real yields that investors should take advantage of, supported by a solid underlying economy with close to trend growth and strong corporate earnings.

Ed Yardeni Президент, Yardeni Research 59:04

Strong earnings will drive S&P to 8400.

Despite short-term rate volatility driven by sentiment and positioning, strong underlying fundamentals, robust earnings growth, and broad-based CapEx expansion support a continued bullish view on equities.

Ed Yardeni Президент, Yardeni Research 60:17

Semiconductor stocks are cheaper after multiple compression.

The recent selloff in semiconductor stocks was driven by multiple compression rather than lowered earnings expectations, making the sector cheaper and more attractive to buy.

Henrietta Treyz Политический аналитик, Veda Partners 67:11

Political backlash threatens AI data center rollouts.

Growing bipartisan political backlash and local resistance against AI data centers due to electricity costs and resource usage will create significant regulatory and rollout challenges for the AI industry heading into the 2028 elections.

Brian Hamilton Основатель и председатель, LiveSwitch 80:01

Anthropic's rapid growth justifies its high valuation.

Despite high absolute valuations, AI companies like Anthropic are growing revenue at unprecedented rates and improving their profit margins, making their upcoming IPOs attractive investment opportunities with strong pricing power potential.

Gennadiy Goldberg Head of US Rates Strategy, TD Securities 93:54

Investors will buy 10-year Treasuries at 5%.

While short-term volatility remains a risk due to uncertain Fed policy and supply factors, the 5% yield level on the 10-year Treasury serves as a strong line in the sand where investors will step in to buy for attractive real and nominal returns.

Sucharita Kodali Аналитик розничного сектора, Forrester 115:05

Target's operational turnaround is driving market share.

Target's turnaround strategy is working, driven by improved store operations and merchandising, allowing them to take market share from traditional grocers and positioning the stock to eventually return to pandemic-era record highs.