Speaker 1: Bloomberg Audio Studios, Podcasts, radio news.
Speaker 2: Single best Idea. What an eventful Friday. We've got a
Speaker 2: lovely surprise for you on the back of our two
Speaker 2: conversations this morning. Let's get right to it next week.
Speaker 2: Tech Earning's into the end of the month. I think
Speaker 2: twenty nine Microsoft, thirty Apple in video the end of February,
Speaker 2: and there's really only one voice you want to listen to,
Speaker 2: who when everything's said and done, quarter after quarter has
Speaker 2: been dead. On yesterday or the day before, Daniel Ives
Speaker 2: of Webbush put out a blistering tweet saying the gloom
Speaker 2: crew on Apple has it wrong. Here's Dan Eyes of
Speaker 2: Webbush on the Apple decline.
Speaker 3: Oh, I think it's a table bounder because it's my view.
Speaker 3: You talk about Apple being light in the quarter, but
Speaker 3: they're going to announce an Apple Intelligence partner in the
Speaker 3: next few months, and then you ultimately are gonna have
Speaker 3: twenty five percent of the world population when they access AI,
Speaker 3: it's going to go through an Apple device.
Speaker 4: So my view is just it's one that's how so
Speaker 4: many have missed the last two and a half trillion,
Speaker 4: and mark App and Apple they focus and the Bears
Speaker 4: coming out they own the narrative. They scare white knuckles
Speaker 4: and then Cook and Cooper Tino come through and you're like,
Speaker 4: and that look and that that continues to be the
Speaker 4: mantra here. This is a name you own. You don't
Speaker 4: sell Apple, you.
Speaker 2: Own it, Dan and I have Sarah. Of course, what
Speaker 2: we do in surveillances give you different opinions. Craig Moffatt,
Speaker 2: Maffitt Nathanson on about a week ago, not so much
Speaker 2: negative on Apple, just saying the lift will be delayed
Speaker 2: or extended out with a much more cautious view of
Speaker 2: that from Greg Moffatt. And there Dan ives. Every week
Speaker 2: there's always a research piece that comes out of the screen.
Speaker 2: It just lets you know PDFs in the old days
Speaker 2: we all got in printed. Forget about that. The PDF
Speaker 2: comes right out of the computer screen. That happened with
Speaker 2: Deutsche Bank and there George Sarahvellos in London, he wrote
Speaker 2: a brilliant University of Cambridge economics piece and tariffs George
Speaker 2: Saravellos of Deutsche Bank and the Trump tariffs to come.
Speaker 5: What matters to me is what impacts the market, and
Speaker 5: if you look at the price action this week in
Speaker 5: the market, what was interesting and in something we had
Speaker 5: warned about the previous week, the market was expecting an
Speaker 5: immediate tariff announcement.
Speaker 6: You could see it.
Speaker 5: In the risk premium that was priced in to the
Speaker 5: volatility space.
Speaker 7: You could see the inflation break evens.
Speaker 6: And therefore, when tariffs were not announced on the first
Speaker 6: day of President Trump's new administration, you have seen the
Speaker 6: market squeeze in terms of the doll loongs.
Speaker 7: Now we're entering next week with almost the opposite dynamic.
Speaker 7: The market has completely taken out the risk premium of
Speaker 7: potentially media tariffs, especially in regard to Canada, and that would.
Speaker 3: Be a big shock.
Speaker 2: Georg Serravelle is there on the back and forth the
Speaker 2: whiplash of this tariff debate. Of course we'll have that.
Speaker 2: Joe Matthew and Kaylee Lyones really leading our debate on
Speaker 2: that with balance of power. One of the great joys
Speaker 2: we have at Surveillance. We make a joke he's a
Speaker 2: surveillance meteorologist, but we're honored that across all of Bloomberg
Speaker 2: he is our national weather guy. Rob Carolyn has been brilliant.
Speaker 2: This Friday, we couldn't get mister Carolyn, so we went
Speaker 2: to our meteorologist in Houston, Texas, Victoria Fernandez. Let's listen.
Speaker 1: So we went and measured.
Speaker 2: We got four inches. Woh God, should we get Carolyn.
Speaker 2: I can handle one hundred and five degree heat with humidity.
Speaker 2: I can't handle snow and twenty degree weather. It's just
Speaker 2: not what we're made for here. One of the highlights
Speaker 2: of the week from Houston, Texas, Victoria Fernandez the crossmark
Speaker 2: and of course we talked with her asset allocation. She's
Speaker 2: got some cautious view on the market. But I'll tell
Speaker 2: you she said, you still got to participate. I did
Speaker 2: not hear from her go to cash. She had to
Speaker 2: leave us early and get out. And she's got the
Speaker 2: John Deere. It's not battery power, it's a gas powered
Speaker 2: snowblower to take care of that three or four inches
Speaker 2: of snow buttressed up against the patio door. Without question,
Speaker 2: the wow of the week was Jeffrey Cleveland out in
Speaker 2: Los Angeles with Peyton and Regal. His vector of the
Speaker 2: ten year yield out there somewhere is a stunning three
Speaker 2: point six zero percent. That was a wow statistic. Next week,
Speaker 2: Ian Lingoln will join us in BEMO Capital Markets, moving
Speaker 2: to that fed meeting across the nation, Apple car Play,
Speaker 2: Android Auto. Nice to hear from you on Sirius XM.
Speaker 2: Thank you so much for your attention on Serious ex
Speaker 2: Sam on YouTube and on YouTube podcasts. This is single
Speaker 2: best idea