PIMCO’s Mittal Says Volatility is Here to Stay

Roger Hallam, Vanguard's Global Head of Rates, expressed confidence in the bond market during a discussion with Bloomberg, emphasizing bonds' crucial role in portfolio diversification and risk management. He highlighted that despite market fluctuations, bonds remain a reliable investment choice for investors seeking stability.

Stacy Spikes, CEO of MoviePass, discussed the launch of the company's new platform, Mogul, during an interview with Romaine Bostick on Bloomberg's 'The Close.' He described Mogul as an innovative engagement tool that allows fans to compete and interact in new ways.

Kristen Peck, CEO of Zoetis, reaffirmed the company's commitment to the livestock sector, reporting its third consecutive year of growth that outpaces the market. During an interview with Romaine Bostick on 'The Close,' she highlighted efforts to breed healthier animals and provide essential vaccines and preventatives to ensure their well-being.

U.S. stocks closed mostly flat as bond prices slipped ahead of the Federal Reserve's upcoming decision, reflecting a cautious market sentiment. Analysts from Bloomberg, including Romaine Bostick and Carol Massar, provided insights during the market close coverage, indicating a wait-and-see approach among investors.

Amanda Lynam, head of macro credit research at BlackRock, indicated that the Federal Reserve may have 'one or two' more interest rate cuts left, addressing concerns surrounding the private credit market during an interview with Romaine Bostick on Bloomberg.

Pimco, the Pacific Investment Management Company, chose to maintain its investments in U.S. Treasuries despite calls to 'Sell America' following President Donald Trump's imposition of tariffs on imports. This decision proved advantageous as the firm expanded its holdings, leading to significant gains in a volatile market.

Todd Graves, CEO of Raising Cane's, discussed the restaurant chain's expansion and consumer trends in an interview with Romaine Bostick on Bloomberg. He emphasized that customers prefer engaging content over frequent food posts and highlighted the role of celebrity endorsements in enhancing brand engagement.

David Sambur, co-head of private equity at Apollo, highlighted the transformative impact of artificial intelligence on public markets during an interview with Romaine Bostick on Bloomberg's 'The Close.' He noted that companies not leveraging AI may struggle to find a place in the public markets by 2026.