Bloomberg Surveillance 8/4/2026

Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern speak daily with leaders and decision makers from Wall Street to Washington and beyond. No other program better positions investors and executives for the trading day. Chapters: 00:00 AI Rally, Iran Deadline & Yen Intervention 04:48 Mag 7 Valuations Have Room to Normalize — Cameron Dawson, NewEdge Wealth 19:57 Weapons Stockpiles Become the Next Constraint — Rachel Ziemba, Center for a New American Security 33:57 AMD Closes the AI Software Gap — Angelo Zino, CFRA 41:58 Why US Yen Intervention Is So Puzzling — Steve Englander, Standard Chartered 53:39 Debt Markets Are Pushing Back on AI — David Lebovitz, JPMorgan Asset Management 1:06:24 Refiners Can't Deliver the Price Relief Trump Wants — Stephen Schork, The Schork Group 1:19:47 Starlink Holds the Key to SpaceX — Paul Golding, Macquarie 1:30:57 A Hawkish Fed Is Good for the Yield Curve — Vishal Khanduja, Morgan Stanley 1:39:43 Fed's Paulson Keeping an 'Open Mind' on Interest Rates — Michael McKee 1:42:31 How Is the Fed Managing Inflation? — Deepak Puri, Deutsche Bank CIO - Americas 1:55:18 AI Spending Still Needs to Be Monetized — Paul Meeks, Freedom Capital Markets 2:03:27 Wage Pressures Remain Contained — Yelena Shulyatyeva, The Conference Board 2:16:06 Washington Wants the AI Supercycle to Continue — Eric Cantor, Moelis & Company -------- Watch it live every week day from 6-9 ET on Bloomberg Television, YouTube, Roku, Apple TV, Samsung TV, Android TV, Rakuten TV. Watch more here: https://www.bloomberg.com/btv/series/bloomberg-surveillance Subscribe and turn on notifications so you don't miss any new Bloomberg Television videos: https://tinyurl.com/ysu5b8a9 Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.com Follow Surveillance on X at: https://twitter.com/bsurveillance Follow the hosts: Jonathan Ferro: https://twitter.com/FerroTV Lisa Abramowicz: https://twitter.com/lisaabramowicz1 Annmarie Hordern: https://twitter.com/annmarie 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/