Stock futures drop as concerns surrounding the trade war’s impact on companies mount with Ford and Palantir both declining after reporting their latest results. Over in Germany, Friedrich Merz failed to secure a majority in a parliamentary vote to confirm him as the nation’s next chancellor. Lucy Baldwin of Citi says the US is heading for a ‘stagflationary shock,’ but exact timing is unclear. Torsten Slok of Apollo says the Fed must decide whether to put more weight on the data or inflation fears. State Street CEO Ron O’Hanley says tariff uncertainty will cause people to think differently, at the Milken Conference. “Bloomberg Brief” delivers the market news, data and analysis you need to set your agenda.
Chapters:
00:00:01 – Intro
00:01:21 – First Look Movers
00:03:10 – Lucy Baldwin, Citi Global Head of Research
00:09:32 – Trending on the Terminal
00:16:01 – Front Page News
00:22:40 – First Look Movers
00:24:29 – Torsten Slok, Apollo Management Chief Economist
00:31:04 – Trending on the Terminal
00:44:14 – What to Watch
——–
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