Keep pulling the thread on Bloomberg Surveillance.
John Ryding believes a Federal Reserve rate increase is more likely than a rate cut in the near term due to inflationary pressures from oil shortages.
John Ryding predicts that the Federal Reserve will need to take more action than suggested in its last Summary of Economic Projections (SEP) and does not foresee a rate cut happening in 2026.
China has reduced its holdings of US Treasuries by $420 billion since 2020.
Disruptions in the Strait of Hormuz, which accounts for one-fifth of the world's oil supply, have resulted in approximately 13% of the world's daily oil consumption not being moved.
The demand for AI hardware in Taiwan and other parts of Asia is 12 times greater than the available supply.
According to Torsten Slocq of Apollo Global Management, IT capital expenditures now represent more than one-third of all S&P 500 CapEx spending.
Dan Ives predicts there is an over 80% chance that SpaceX and Tesla will merge within the next year.
Dan Ives believes Microsoft's stock has approximately $150 of upside and will establish itself as the market leader, similar to Google, by 2025.
The Budget Lab at Yale estimates that closing the carried interest loophole could raise approximately $90 billion in tax revenue over a decade.
Microsoft is reportedly limiting customer use of its cloud services because of the high expense.
The role of financial advisors is expected to shift from a focus on IQ (analysis) to EQ (client relationships) as AI automates portfolio management tasks.
John Ryding asserts that the current inflation is not a wage-driven event, noting that wages are lagging and productivity is strong.