Speaker 1: Bloomberg Audio Studios, podcasts, radio news.
Speaker 2: A single best idea, then on a Friday, things can change.
Speaker 2: One of the huge advantages Paul and I have in
Speaker 2: terms of just looking at the market equities, bonds, currencies,
Speaker 2: commodities is a thing called Bloomberg lunch Pad. That's a software.
Speaker 2: It's on the terminal. You can only get it if
Speaker 2: you're a terminal user, but the terminal is sort of separate,
Speaker 2: and then you bring up this separate package which can
Speaker 2: customize and show you any data you want in equities, bonds, currencies, commodities.
Speaker 2: It's phenomenal. When I say, oh mg, Turkish lira, it's
Speaker 2: almost a forty I'm getting that off usd t R y,
Speaker 2: which is a symbol, and I'm getting that off the
Speaker 2: Bloomberg launchpad, and the Bloomberg launch Pad pulses. It's got
Speaker 2: red and green and it has a cadence. This morning
Speaker 2: it was sleepy, third week of August, fourth week of
Speaker 2: August cadence, and then it was not. And of course
Speaker 2: that was a presidential tweet on China. Thank you to
Speaker 2: end a Kerrent in Washington for giving us wonderful perspective
Speaker 2: of how China will respond. To the fury of the
Speaker 2: President of the United States over the tariff trade discussions
Speaker 2: with the Pacific RIM and with China. We started out
Speaker 2: with Semashaw in London with Principal Asset Management Semashaw here
Speaker 2: on how the continent and how the city, how London
Speaker 2: looks at the meg seven.
Speaker 1: I think we're just as obsessed with it as the
Speaker 1: US is.
Speaker 3: When you're you know, when we're talking to invesses in
Speaker 3: the UK, it's the same kind of questions. They're obsessed
Speaker 3: with the big tech trade. They want to know which
Speaker 3: is going to persist or is it something which has
Speaker 3: maybe run its course. But if you're looking at it
Speaker 3: again for a longer time perspective, you don't see that
Speaker 3: invested in losing much interest. They're just looking for what
Speaker 3: is a buying opportunity. When can we really buy the
Speaker 3: dip if there is going to be another.
Speaker 2: Dip see michel A, Principal Asset Management. A lot of
Speaker 2: un tech. Thank you so much to Dan Ice, particularly
Speaker 2: this week for his perspective on Nvidia and other worthies
Speaker 2: as well. Joining us as well. Greg Boto would be
Speaker 2: MP perry by He's different. He's an equity strategist, but
Speaker 2: it's really wrapped around derivative dynamics and use of derivatives
Speaker 2: to support a stock market belief. He's very big right
Speaker 2: now on hedging where you own a stock and you
Speaker 2: write a call, and right means you wr ite right
Speaker 2: like with a pencil. You bring in premium which adds
Speaker 2: to your return immediately, and the price of that is
Speaker 2: you give up any ginormous upside value down the road. Here,
Speaker 2: Greg Battle an option writing, I.
Speaker 4: Think you have to think about what are the risks
Speaker 4: that you are worried about. What are you trying to hedge.
Speaker 4: Is it more your syncratic stock specific or are we
Speaker 4: looking for more macro hedges. We've been talking more about
Speaker 4: looking at macro hedges, but going a little bit out
Speaker 4: the term structure out to say the September expiry where
Speaker 4: we think some of the macro weakness could start to
Speaker 4: manifest a little bit more. I think the smaller midcaps,
Speaker 4: so the Russell IWM, if you want to be nickel
Speaker 4: short the market, then you have to be willing to
Speaker 4: accept the risk that comes with For us, we think
Speaker 4: there is better risk world profile and putting on hedges
Speaker 4: on the downside owning optionality than there is naked short selling.
Speaker 2: In tumultuous times. Greg Battle, they're trying to make a
Speaker 2: little more income. We said good morning to you across
Speaker 2: the nation and around the world. A major shout out
Speaker 2: in a real theme of mind in the June of
Speaker 2: this year is I completely underestimate the audience a serious XM.
Speaker 2: It's old technology, it's not fancy digital. But it is
Speaker 2: a wow that we see the response to what we're doing.
Speaker 2: A serious XM Channel one twenty one. We're on YouTube.
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