This podcast episode of Bloomberg Surveillance analyzes the latest economic data, including jobless claims, and discusses the potential impact of government shutdowns on data accuracy. Stephanie Roth and Michael Ball join to discuss the labor market, inflation, and growth prospects for 2026, with considerations for the Fed's policy and the influence of AI. Cameron Dawson provides insights on equity markets, highlighting the uptrend, risks, and positioning, while Terry Haines discusses policy decisions related to H1B visas and tariffs. Michael O'Rourke expresses concerns about an AI bubble and rich equity valuations, suggesting a rotation towards lower market cap, blue-chip names. The conversation also touches on potential economic shocks and the outlook for consumer spending and the dollar.
Part 1: Introduction, Labor Market, and GDP
Part 2: Fed Policy, AI Impact, and Market Sentiment
Part 3: Policy, Visas, and Tariffs
Part 4: Valuation Risks and Investment Strategy
Sign in to continue reading, translating and more.
Open full episode in Podwise