Bloomberg Surveillance 5/7/2026
Спикеры
Earl Davis
— Глава отдела инструментов с фиксированной доходностью, BMO Global Asset Management
Momei Qu
— Управляющий директор, PSP Growth
Bloomberg Surveillance covers the US-Iran peace proposal, oil price decline, Fed holding rates with dissent, strong earnings season led by tech, and AI investment themes. Analysts discuss positioning in Treasuries, Microsoft, and Alphabet, while also noting risks from narrow market leadership.
- The US awaits Iran's response to a peace proposal to reopen the Strait of Hormuz.
- Oil prices fall for a third consecutive session on optimism about a deal.
- The Fed holds rates but faces dissent over easing bias; analysts see possible hikes in 2027.
- Earnings season is strong, driven by tech giants like AMD, Disney, Uber.
- BMO's Earl Davis recommends buying Treasuries at 4.80-5% yields.
- PSP Growth's Mom Qu is bullish on Microsoft and Alphabet due to AI monetization.
- Charles Schwab's Liz Ann Sonders notes market narrowness and rotation within tech.
- NewEdge Wealth's Cameron Dawson warns of risks from overbought semiconductors and suggests taking profits.
Идеи
Buy Treasuries at 4.80-5% yields.
Expects 10-year Treasury yields to potentially hit 5% this year and sees a buying opportunity at 4.80% to 5% because carry provides 100bp of protection and QE likely if yields reach 5%. Currently underweight duration but plans to go overweight at those levels.
Alphabet has strong revenue growth from AI.
Alphabet is one of the best-performing AI names with a clean revenue growth story from Gemini and YouTube upside, leading to strong stock performance and investor excitement.
Bullish on Microsoft due to underappreciation.
Bullish on Microsoft because the market underappreciates it due to excessively high initial expectations, but the company is solid with strong AI positioning and partnerships like OpenAI. The market's disappointment is overdone.
Далее
This Bloomberg Markets video, published May 07, 2026, features Earl Davis, Momei Qu discussing US Treasuries (10-Year), GOOGL, MSFT. 3 trade ideas extracted by AI with direction and confidence scoring.
Speakers: Earl Davis, Momei Qu · Tickers: US Treasuries (10-Year), GOOGL, MSFT