Walmart Warning Hits Retail and Markets | Open Interest 8/20/2026

Get a jump start on the US trading day with Dani Burger on "Bloomberg Open Interest." Walmart’s earnings disappoint, flashing a warning sign for the broader retail sector, while the 30-year bond rally unravels and markets question whether Scott Bessent can tame rising yields. State Street’s Lori Heinel breaks down what’s driving the bond market, CFTC Chairman Michael Selig lays out the path forward for crypto regulation, and Brown Harris Stevens CEO Bess Freedman warns New York’s housing policies could make an affordability crisis even worse. Chapters: 00:00:00 - Open Interest 00:01:14 - Walmart Earnings Miss, Consumer Weakness, Pharmacy Headwinds & Retail Outlook 00:02:50 - Meta Becomes Major Microsoft AI Customer, Azure Demand, AI Compute Costs & Cloud Competition   00:05:31 - Treasury Buybacks, Bond Market Reaction, Dollar Weakness, Deficits & Yield Outlook 00:10:45 - High Interest | U.S. Debt Tops $40 Trillion, Fed AI Stability Concerns & Trump's Economic Warfare Against Iran 00:11:43 - Iran Sanctions Strategy, China Oil Purchases, Strait of Hormuz Risks & Canada Trade Talks 00:16:31 - Treasury Market Risks, AI Debt Issuance, Higher Yields, Gold Outlook & Equity Strategy 00:31:25 - Top Calls | Bank of America Price Target Raise, Merck Upgrade at Morgan Stanley & TJX Downgrade 00:32:21 - Greg Melich Evercore | Walmart Earnings, Consumer Spending, Retail Price Wars, Amazon Competition & Grocery Trends 00:40:33 - Deere Earnings, Farm Equipment Recovery, Precision Agriculture & AI Adoption 00:45:07 - Treasury Buybacks, Yield Surge, Deficits, AI Financing Boom & Fed Credibility 00:47:48 - Kara Murphy Kestra Investment Management | Bond Markets, Dollar Weakness, Earnings Growth, AI Expansion & Equity Market Risks 00:54:31 - Walmart Selloff, Meta-Microsoft AI Partnership, Alibaba Earnings & Market Movers 00:55:47 - High Interest | Super Micro Investigation, Virtu Sale Talks & Max Verstappen Extends with Red Bull 00:58:21 - CFTC Chair Michael Selig| Crypto Regulation, CLARITY Act, 01:05:47 - Bess Freedman Brown Harris Stevens| Housing Market Slowdown, Luxury Real Estate, Mortgage Rates, Affordability & NYC Housing Policy 01:14:40 - Meta AI Strategy, Microsoft Azure Usage, OpenAI Competition, Nvidia Ecosystem & AI Infrastructure 01:20:46 - Trump's Iran Economic Warfare, China Oil Trade, Sanctions Risks, Canada Trade Talks & Midterm Pressure -------- 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