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Dollar Falls to Lowest Since 2022 | Bloomberg: The Close 6/12/2025
1:31:11
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Bloomberg Television
Dollar Falls to Lowest Since 2022 | Bloomberg: The Close 6/12/2025
Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are Bill Campbell, Doubleline Global Bond Portfolio Manager, Veronica Clark, Citi US Economist, Brian Nagel, Oppenheimer & Co. MD & Senior Equity Research Analyst, Larry Coben, NRG Energy President/CEO, Jordan Jackson, JPMorgan Asset Management Global Market Strategist, Gil Luria, DA Davidson & Co. Managing Director, Head of Technology Research, Ray Wang, Constellation Research Chairman, Chris Hulls, Life360 CEO, Omar Aguilar, Schwab Asset Management CEO and CIO, and Sean Pyles, Nerdwallet "Smart Money" Podcast Host. Chapters: 00:00:01 - Bloomberg: The Close begins 00:03:08 - Bill Campbell, DoubleLine Global Bond Portfolio Manager 00:10:31 - Veronica Clark, Citi US Economist 00:16:07 - Top Calls 00:17:19 - Brian Nagel, Oppenheimer & Co. MD & Senior Equity Research Analyst 00:22:53 - Larry Coben, NRG Energy CEO 00:32:02 - Stock of the Hour: Ford, GM 00:37:06 - Jordan Jackson, JPMorgan Asset Management Global Market Strategist 00:43:54 - Closing Bell 00:56:58 - Gil Luria, DA Davidson & Co. Managing Director, Head of Technology Research 01:02:32 - Ray Wang, Constellation Research Chairman 01:09:25 - Chris Hulls, Life360 CEO & Co-Founder 01:17:48 - Omar Aguilar, Schwab Asset Management CEO & CIO 01:24:54 - Sean Pyles, Nerdwallet "Smart Money" Podcast Host -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published Jun 12, 2025
California Senator Handcuffed Outside Noem Briefing | Balance of Power Late Edition 06/12/2025
47:58
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Bloomberg Television
California Senator Handcuffed Outside Noem Briefing | Balance of Power Late Edition 06/12/2025
"Balance of Power: Late Edition" focuses on the intersection of politics and global business. On today's show, Rep. Sam Liccardo discusses the forceful removal of Senator Alex Padilla at a Kristi Noem LA press conference, Bloomberg's Enda Curran discusses inflation, Jen Gavito, The Cohen Group Senior Advisor discusses the rising tensions between Israel and Iran. Chapters: 00:00:00 - Bloomberg Balance of Power: Late Edition 00:02:38 - Rep. Sam Liccardo, (D) California 00:11:17 - Sen. Chris Coons, (D) Delaware 00:21:31 - Enda Curran, Bloomberg News 00:25:11 - Michael Shepard, Bloomberg News 00:27:14 - Jen Gavito, The Cohen Group Senior Advisor 00:39:49 - Political Panel -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published Jun 12, 2025
Sen. Padilla Says He Was Not Arrested at Noem Briefing
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Bloomberg Television
Sen. Padilla Says He Was Not Arrested at Noem Briefing
US Senator Alex Padilla was forcibly removed from a press conference and handcuffed after disrupting a media briefing by Homeland Security Secretary Kristi Noem on the federal immigration crackdown in Los Angeles. Padilla says he was not arrested or detained and he went there peacefully to ask a question. DHS says Padilla didn't sufficiently identify himself and accused him of lunging toward Noem. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published Jun 12, 2025
Treasuries Climb After Strong Sale | Balance of Power: Early Edition 6/12/2025
44:51
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Bloomberg Television
Treasuries Climb After Strong Sale | Balance of Power: Early Edition 6/12/2025
On the early edition of Balance of Power, Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz discuss the latest developments from DC. On today's show, Bloomberg International Economics and Policy Correspondent Michael McKee and Bloomberg Intelligence Chief US Interest Rate Strategist Ira Jersey, Stonecourt Capital Partner Rick Davis, Center for the Study of the Presidency and Congress Senior Democracy Fellow Jeanne Sheehan Zaino, Beacon Global Strategies Managing Director Michael Allen, Bloomberg US Transport Deputy Team Lead Ryan Beene, Bloomberg Consumer Finance Reporter Paige Smith and Former Republican Congressman Patrick McHenry. Chapters: 00:00:00 - Balance of Power: Early Edition starts 00:04:22 - Bloomberg's Michael McKee and Ira Jersey on the bond auction 00:13:08 - Rick Davis and Jeanne Sheehan Zaino on SALT changes in tax bill 00:19:44 - Beacon Global Strategies Managing Director Michael Allen on the possibility of an Israeli strike on Iran 00:26:11 - Bloomberg's Ryan Beene on Air India crash 00:32:36 - Bloomberg's Paige Smith on Chime 00:35:52 - Former Republican Congressman Patrick McHenry on the tax bill facing reconciliation process -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published Jun 12, 2025
Dollar Falls to Lowest Since 2022
3:38
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Bloomberg Television
Dollar Falls to Lowest Since 2022
Rich Clarida, Global Economic Advisor at PIMCO and former Fed Vice Chair, joins for an extended conversation on the Fed, rates, and the US economy. The dollar fell to the weakest level in three years amid worries over US tariffs and the outlook for the US economy. The Bloomberg Dollar Spot Index slid as much as 0.8% on Thursday to the lowest level since April 2022. The euro jumped to the strongest since 2021, while the British pound advanced to a new three-year high. All currencies in the Group of 10 gained against the greenback.  The latest declines come on the heels of Thursday data that showed US producer price inflation remained muted in May, held down by tame goods and services costs, which together with other data pushed traders to bet on more interest-rate cuts by the Federal Reserve. The Fed is set to hold its next policy meeting on June 18. Earlier in the Thursday session, the dollar came under pressure as President Donald Trump said he would notify trading partners soon of unilateral levies. “Trump renewed tariff threats are sparking concerns over US economy, which trickles down to increased bets of Fed easing,” said Helen Given, a foreign-exchange trader at Monex Inc., adding that the dollar index could fall 5% to 6% further this year. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published Jun 12, 2025
What to expect from Elon Musk's Robotaxi
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Bloomberg Television
What to expect from Elon Musk's Robotaxi
Dan Ives, Global Head of Technology Research at Wedbush Securities, breaks down how the feud between President Trump and Elon Musk has affected Tesla stock and hopes for Musk's robotaxi plan. Elon Musk issued his strongest sign of contrition yet over his handling of the dramatic break with Donald Trump, days after a call with two of the president’s top allies.  Vice President JD Vance and White House chief of staff Susie Wiles called Musk last Friday to urge him to end his conflict with Trump, said people familiar with the conversation. The call was first reported by the Wall Street Journal.  Musk served as a close adviser and confidant to Trump until a bitter public falling-out last week, which caused a firestorm for the president and the world’s richest person. “I regret some of my posts about President @realDonaldTrump last week,” Musk posted Wednesday on his social-media platform, X. “They went too far.” The Tesla Inc. chief executive officer called the president before his public expression of regret, the New York Times reported Wednesday. The dispute — which was triggered by Musk’s opposition to the tax-cut bill Trump is pushing through Congress — posed a threat to Musk’s wealth when the president raised the prospect of retaliating by cutting off his government contracts. That would have battered SpaceX, his rocket company. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTech Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published Jun 12, 2025