Fed Decision Fallout, Jersey Mike's Goes public | Bloomberg Businessweek Daily 7/30/2026
Спикеры
Ira Jersey
— Главный стратег по процентным ставкам США, Bloomberg Intelligence
Brian Niccol
— CEO, Starbucks
Edmund Reese
— CFO, Aon
Carol Massar
— Ведущий, Bloomberg
Charlie Morrison
— CEO, Jersey Mike's
The show covers the market reaction to the Fed's decision to hold rates steady and Chair Warsh's ambiguous press conference. Bloomberg's Stuart Paul and Ira Jersey discuss rising bond yields and the erosion of Fed credibility. Aon CFO Edmund Reese highlights the insurance opportunities from AI data center construction. Jersey Mike's CEO talks about the IPO pricing and long-term growth. Starbucks CEO Brian Niccol details the positive impact of store renovations on speed and transactions. Markets rally, led by semiconductors and Microsoft, ahead of Apple and Amazon earnings.
- Fed holds rates steady; Chair Warsh's communication compared to Greenspan's 'strategic ambiguity'
- Ira Jersey forecasts 30-year Treasury yield could reach 5.5% on lack of Fed trust
- Semiconductor index surges 7.8%, Microsoft jumps 17% on earnings, Nasdaq up 3.1%
- Aon CFO sees multi-year insurance tailwind from $2–7 trillion AI data center buildout
- Jersey Mike's debuts on NYSE, pricing mid-range, shares initially fall 5%
- Starbucks CEO Brian Niccol says low-cost store uplifts are boosting transactions and speed
- Apple and Amazon earnings due after close; Apple seen as not spending enough on AI capex
- DeepSeek developing massive 1 GW AI data center in Inner Mongolia
Идеи
30-year yield could hit 5.5%
The market distrusts Fed Chair Kevin Warsh's communication and will demand higher yields to compensate for inflation risk. With core PCE still above 3%, the lack of clear reaction function will push long-end Treasury yields significantly higher, with the 30-year potentially reaching 5.5% and the 10-year near 5%, tightening financial conditions and slowing housing.
AI data center insurance tailwind for Aon
AI data center buildout is creating a massive insurance demand that traditional carriers cannot meet alone. Aon is positioned to connect this risk with alternative capital from institutional investors, sovereign wealth funds, and private equity, providing a multi-year tailwind for Aon's growth.
Store uplift driving transactions and growth
Starbucks' low-cost store uplift program (around $50k per store, no closures) is improving customer and partner experience, driving higher transactions and comps. The company is seeing better throughput all day and is accelerating the program into 2027 because of the positive results.
Далее
This Bloomberg Markets video, published July 30, 2026, features Ira Jersey, Edmund Reese, Brian Niccol discussing 30-Year US Treasury Yield, 10-year US Treasury yield, AON, SBUX. 3 trade ideas extracted by AI with direction and confidence scoring.
Speakers: Ira Jersey, Edmund Reese, Brian Niccol · Tickers: 30-Year US Treasury Yield, 10-year US Treasury yield, AON, SBUX