Tom Keene breaks down the Single Best Idea from the latest edition of Bloomberg Surveillance Radio.

In this episode, we feature conversations with Ed Yardeni & Brad Case.

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- Amanda Lynam, Head: Macro Credit Research at BlackRock
- Rob Casey, Partner and Senior Analyst at Signum Global Advisors
- Sarah Bianchi, Senior Managing Director at Evercore ISI
- Cathie Wood, CEO at Ark Investment Management

Amanda Lynam, Head: Macro Credit Research at BlackRock, joins to discuss bond market signals, credit spreads, and what market and economic activity is catching the attention of corporate credit investors. Rob Casey, Partner and Senior Analyst at Signum Global Advisors, discusses President Trump's economic priorities following his tariff deadline adjustment. Sarah Bianchi, Senior Managing Director at Evercore ISI, discusses the goals of President Trump's tariffs as he sends letters to trading partners regarding tariff rates. Cathie Wood, CEO at Ark Investment Management, discusses tech and AI investing as well as the future of Tesla.

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Watch Tom and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.
Bloomberg Surveillance hosted by Tom Keene & Paul SweeneyJuly 8th, 2025
Featuring:
1) Ed Yardeni, President at Yardeni Research, joins for an extended discussion about the US equity rally and his updated S&P target amid tariff concerns. Tuesday’s steadiness in stocks reflects traders’ belief in a familiar pattern of US President Donald Trump escalating his trade war only to later de-escalate, betting that any eventual tariffs will be set at a level the global economy can absorb. In the latest round, Trump said he was still open to negotiations and postponed duties of 25% or more on a list for trading partners until at least August 1st.
2) Kelsey Berro, Executive Director: Fixed Income at JPMorgan Asset Management, joins to discuss bond market warnings about the US fiscal situation and offers her market outlook. US stock futures firmed as initial jitters over the Trump administration's latest tariff announcements gave way to optimism that there's ample room for further negotiations. The US economy has held up under the threat of a spiraling global trade war, with hiring healthy and the S&P 500 hitting a record high last week.
3) Ned Lamont, Connecticut Governor (Democrat), offers his reaction to President Trump's tax bill as well as the current state and future of the Democratic party. President Trump secured the passage of his signature tax bill after leveraging his sway over the Republican party to overcome resistance from conservative hardliners and swing-state GOP moderates. Democrats opposed the bill, saying it will strip health care for millions of people who depend on Medicaid to fund tax cuts for the wealthy.
4) Brad Case, Chief Economist at Middleburg Communities, talks about pressures on a frozen housing market, whether the Fed is behind the curve, and the risks of reigniting inflation. The steady flow of tariff threats has fueled uncertainty for markets, central bankers and executives trying to game out the effect on production, inventories, hiring, inflation and consumer demand.
5) Lisa Mateo joins with the latest headlines in newspapers across the US, including a Bloomberg News story on the TSA rolling out new procedures and the Washington Post's piece on Ben's Chili Bowl in Washington DC closing down for repairs.

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