The May jobs report shocked Wall Street, with the US adding 172,000 jobs and pushing Fed-hike bets higher. Bond yields surged as stocks pulled back and investors leaned out of the AI trade. White House National Economic Council Director Kevin Hassett and BlackRock Global Fixed Income CIO Rick Rieder react to the numbers. Meanwhile, Revelio Labs CEO Ben Zweig joined "Bloomberg Open Interest" to warn about the "frozen" labor market and how entry-level workers can get ahead in the hiring process.
The May jobs report shocked Wall Street, with the US adding 172,000 jobs and pushing Fed-hike bets higher. Bond yields surged as stocks pulled back and investors leaned out of the AI trade. White House National Economic Council Director Kevin Hassett and BlackRock Global Fixed Income CIO Rick Rieder react to the numbers. Meanwhile, Revelio Labs CEO Ben Zweig joined "Bloomberg Open Interest" to warn about the "frozen" labor market and how entry-level workers can get ahead in the hiring process.
Get a jump start on the US trading day with Matt Miller and Dani Burger on Bloomberg Open Interest. (Source: Bloomberg)
Jeffrey Rosenberg, portfolio manager of the iShares Systematic Alternatives Active ETF (IALT) at BlackRock, explains how the ETF is navigating the current economic environment on "Bloomberg The Close." (Source: Bloomberg)
Jeffrey Rosenberg, portfolio manager of the iShares Systematic Alternatives Active ETF (IALT) at BlackRock, explains how the ETF is navigating the current economic environment on "Bloomberg The Close." (Source: Bloomberg)
Carson Block, chief executive officer of Muddy Waters Capital LLC, during a Bloomberg Television interview in London, UK, on Thursday, Nov. 21, 2024. Block said he's shorting the shares of cosmetics brand Elf Beauty Inc. Photographer: Betty Laura Zapata/Bloomberg
BlackRock Inc.’s Global Infrastructure Partners and Brookfield Asset Management Ltd. are among private equity firms shortlisted to buy a stake in a Kuwaiti pipeline network, indicating sustained interest for marquee Gulf assets despite a monthslong war that’s impacted regional production and roiled energy markets globally.
BlackRock Inc.’s Global Infrastructure Partners and Brookfield Asset Management Ltd. are among private equity firms shortlisted to buy a stake in a Kuwaiti pipeline network, indicating sustained interest for marquee Gulf assets despite a monthslong war that’s impacted regional production and roiled energy markets globally.
Jeffrey Rosenberg, BlackRock portfolio manager of the Systematic Multi-Strategy Fund, says after the May payrolls report, they're on the precipice of pricing in a full rate hike for this year. But he says policymakers are in no hurry to raise rates. He speaks on "Bloomberg Surveillance." (Source: Bloomberg)
Jeffrey Rosenberg, BlackRock portfolio manager of the Systematic Multi-Strategy Fund, says after the May payrolls report, they're on the precipice of pricing in a full rate hike for this year. But he says policymakers are in no hurry to raise rates. He speaks on "Bloomberg Surveillance." (Source: Bloomberg)
Susan Chan, Head of Asia Pacific, BlackRock says the traditional 40/60 portfolio is not going to generate the outcomes needed for the future, she was speaking to Bloomberg’s Rebecca Sin at Bloomberg Invest 2026 in Hong Kong. (Source: Bloomberg)
Susan Chan, Head of Asia Pacific, BlackRock says the traditional 40/60 portfolio is not going to generate the outcomes needed for the future, she was speaking to Bloomberg’s Rebecca Sin at Bloomberg Invest 2026 in Hong Kong. (Source: Bloomberg)
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