Michael Purves of Tallbacken Capital says it’s not crazy to think that the S&P 500 could hit 6,000 this year. He also talks about how markets could be impacted by the next presidential election. He is on “Bloomberg Surveillance.” (Source: Bloomberg) from Bloomberg Markets https://ift.tt/Kmj3IqF
Bondholders in the Province of Buenos Aires are speculating that even Argentina’s chainsaw wielding President Javier Milei isn’t ruthless enough to let the nation’s richest region go bankrupt. from Bloomberg Markets https://ift.tt/rcAZ3ay
“I don’t think anybody has formally taken (rate hikes) off the table,” Federal Reserve Bank of Minneapolis President Neel Kashkari says at an event in London. from Bloomberg Markets https://ift.tt/dzLTSfJ
The yen slumped to its weakest level in almost 16 years against the British pound, renewing concern over a currency depreciation that has dogged policymakers this year. from Bloomberg Markets https://ift.tt/wD2j15u
Banks kicked off a $3.35 billion bond sale Tuesday to help pay for Roark Capital Group’s buyout of restaurant chain Subway, according to people with knowledge of the matter. from Bloomberg Markets https://ift.tt/N5UPDSu
Activist investor Elliott Investment Management has invested more than $2.5 billion in Texas Instruments Inc. and is pushing the company to improve its free cash flow. from Bloomberg Markets https://ift.tt/qoWOilh
Germany’s financial watchdog is lifting a three-year-old cap on the number of customers N26 Bank AG can take on after the fintech worked to improve its financial crime and anti-money laundering controls. from Bloomberg Markets https://ift.tt/S14UjH0
Terry Haines, Pangea Policy founder, says the Biden administration needs to take a stronger stance against Iran and its ambitions to build a nuclear weapons program. He appears on “Bloomberg Surveillance.” (Source: Bloomberg) from Bloomberg Markets https://ift.tt/utrGJW5
The Pulse With Francine Lacqua is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops. (Source: Bloomberg) from Bloomberg Markets https://ift.tt/OjviPUR
A bulk carrier was attacked while sailing through the Red Sea and the vessel has taken on water causing it to lean to one side, according to maritime security firm Ambrey. from Bloomberg Markets https://ift.tt/rGFgQLf