Markets Slip as Nvidia, Yields & the Debasement Trade Loom | The Close 8/24/2026

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 Principal Asset Management CEO & President Kamal Bhatia, Tether Co-Founder Bill Quigley, Goldman Sachs Research US Software Equity Research Analyst Gabriela Borges, Bilt CEO Ankur Jain & Equinox Group Executive Chairman Harvey Spevak, GenTrust Head of NY Office, Senior Client Advisor Mimi Duff, Apollo Chief Economist Torsten Slok, Hartree Partners Senior Advisor Ed Morse, Columbia Threadneedle Investments Portfolio Manager Ed Al-Hussainy, & Canada Chamber of Commerce Principal Economist Andrew DiCapua. Chapters: 00:00:00 Bloomberg The Close 00:02:50 Principal Asset Management on Yields, Credit & AI 00:06:33 AI Debt, Private Credit & the Changing 60/40 Portfolio 00:10:44 Bitcoin, Stablecoins & the Debasement Trade 00:15:40 Crypto Regulation, Tokenization & Jackson Hole 00:17:14 Top Calls 00:18:13 Goldman Sachs on Salesforce, AI & the Software Comeback 00:21:28 CrowdStrike Earnings Preview & AI Cybersecurity 00:22:31 Bilt and Equinox CEOs on Their New Wellness Partnership 00:25:21 Consumer Spending Shifts Toward Everyday "Micro Luxuries" 00:28:48 Equinox on Wellness, Longevity & Expansion 00:30:06 Bilt CEO on Growth, Funding & IPO Plans 00:31:24 Ford & GM Hit by Escalating U.S.-Canada Tariffs 00:36:47 GenTrust on Nvidia, Chip Stocks & the AI Rotation 00:39:00 AI Debt, Inflation & the Fed Outlook 00:40:24 Gold, Uranium & International Stocks as Inflation Hedges 00:43:17 Closing Bell 00:46:24 Market Movers: Expedia, IMAX & Gold 00:48:30 Biggest Losers: Nvidia, Micron, Canada Goose & Hims & Hers 00:50:49 Private School Tuition & Financial Aid for High Earners 00:53:57 Market Recap: Yields, Gold, Tariffs & Nvidia 00:55:36 Apollo's Torsten Slok on Treasury Intervention & U.S. Debt 01:01:15 The $40 Trillion Debt Problem & Risks of Treasury Buybacks 01:03:29 Jackson Hole, Fed Policy & AI's Inflation Impact 01:06:08 Breaking News: SEC Subpoenas in Situational Awareness Probe 01:07:00 Aggreko Files for a U.S. IPO 01:08:07 Iran's "Economic D-Day" & the Impact on Oil 01:12:06 Iran's Leadership, Economic Pressure & the Strait of Hormuz 01:17:10 Treasury Buybacks, the Dollar & Emerging-Market Carry Trade 01:20:30 Can Treasury Intervention Successfully Lower Yields? 01:23:53 U.S.-Canada Trade War & Canada's Retaliation Options 01:28:48 What to Watch -------- 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