Bond Traders Eclipsed by Equities in Wall Street Reversal
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As Wall Street’s fixed-income desks struggled in the third quarter, their rivals in equities seized a rare opening to outshine their market brethren. Herman Chan of Bloomberg Intelligence breaks down the day's big bank earnings. KKR Partner Alisa Wood discusses the firm's strategy and the current exit environment with Bloomberg's Dani Burger. New York Fed President John Williams said he still sees one more interest-rate hike as appropriate this year. Bloomberg's Mike McKee joins with reaction to the day's Fed speak. Plus - Samsara CEO Sanjit Biswas discusses the launch of the company's Agent Studio and how AI agents are moving into the physical world. All on the latest episode of Bloomberg Businessweek Daily. Chapters: 00:00:00 Bloomberg Businessweek Daily 00:02:03 Markets and Bank Earnings 00:04:18 Breaking Down Wall Street Bank Earnings 00:09:46 KKR on Private Equity, Markets and Deal Activity 00:18:02 Fed's John Williams on Interest Rates 00:21:16 Fed Policy, Inflation and the Econ
Tags: Businessweek, Carol Massar, Donald Trump, Gautam Mukunda, Herman Chan, Tim Stenovec
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