Stocks Rally as Yields Fall After the Fed Rate Hike

The Close 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 UBS US Rates Strategy Head Phoebe White, Cboe Global Markets VP, Head of Derivatives Market Intelligence Mandy Xu, Musician & FYI.AI Founder & CEO will.i.am, BNY Investments Chief Economist Vincent Reinhart, Charles Schwab Chief Investment Strategist Liz Ann Sonders, California Attorney General Rob Bonta, Macerich President & CEO Jack Hsieh, LuxExperience CEO Michael Kliger, & Jeni’s Splendid Ice Creams Founder Jeni Britton. Chapters: 00:00:00 Bloomberg The Close 00:02:38 Fed Policy, Inflation & the 10-Year Yield 00:06:20 Global Central Banks, Oil & Bond Market Risks 00:09:01 Market Volatility, Oil & Investor Hedging 00:12:01 Earnings Volatility, Tech & the AI Trade 00:16:20 Top Calls 00:17:45 will.i.am on Personal AI Agents & the Future of Work 00:21:06 Scaling AI Agents Across Colleges & Universities 00:23:33 Vincent Reinhart on the Bank of Japan & Global Rates 00:27:04 Central Bank Hikes, Treasury Yields & Kevin Warsh 00:29:27 Fed Tightening, Inflation & Risks to the Economy 00:32:12 Generac’s Amazon Deal & AI Data Center Power 00:36:31 Charles Schwab on Stocks, Bonds & a New Inflation Era 00:39:31 Rethinking the 60/40 Portfolio & Diversification 00:41:29 AI Productivity, Jobs & Inflation 00:43:12 Closing Bell 00:46:19 Market Movers: Intel, SpaceX & Generac 00:48:27 Paramount, Lennar & the Day’s Biggest Losers 00:52:54 Paramount-Warner Bros. Merger Faces Antitrust Fight 00:54:20 California AG Rob Bonta on Paramount & Warner Bros. 00:57:55 Jobs, Competition & the Paramount Merger 01:00:53 State vs. Federal Power in Antitrust Enforcement 01:03:43 Rob Bonta on AI Regulation & Social Media 01:06:08 Ticketmaster, Prediction Markets & State Regulation 01:08:50 Mail-In Voting & Election Law in California 01:10:44 Shopping Malls Rebound as Consumers Keep Spending 01:13:12 Dick’s House of Sport & the New Mall Experience 01:15:59 Higher Rates, Retail Real Estate & Holiday Shopping 01:17:55 LuxExperience CEO on the Resilient Luxury Consumer 01:20:31 Net-a-Porter & the Future of Luxury E-Commerce 01:23:45 U.S. Luxury Spending, Tariffs & Global Growth 01:26:25 Jeni Britton on Fiber Bars & Her Next Food Venture 01:29:06 Starbucks, Flora Bars & Retail Expansion 01:30:31 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