US Consumers Expect More Inflation, UMich’s Hsu Says

On November 13, 2025, Bloomberg's 'The Asia Trade' program aired live from Tokyo and Singapore, hosted by Shery Ahn and Avril Hong. The show provided insights and analysis from industry leaders, focusing on significant stories that influence global markets. This program is crucial for traders and investors seeking to stay informed about market trends in Asia.

The White House announced that the release of the October jobs and consumer price index (CPI) reports is unlikely due to the ongoing government shutdown. This statement was made by Press Secretary Karoline Leavitt, highlighting the impact of the shutdown on key economic data. The delay in these reports is significant as they provide crucial insights into the labor market and inflation, which are vital for economic planning and policy-making.

Circle Internet Group's shares declined despite the company surpassing revenue and earnings expectations in Q3. Investors are concerned that falling interest rates will negatively impact future returns. However, CEO Jeremey Allaire argues that lower rates can actually drive growth, a perspective he shared during an interview on Bloomberg Markets.

Delta Air Lines' CEO Ed Bastian announced that the airline's fourth-quarter earnings will be negatively impacted due to a government shutdown that resulted in over 2,000 flight cancellations. Despite this setback, he anticipates that travel will return to normal levels for the holiday season.

Katrina Dudley, a Senior Investment Strategist at Franklin Templeton Public Markets, stated that the AI trade is still in its early stages and predicted that the Federal Reserve will not cut interest rates in December. Her insights were shared during an interview with Bloomberg's Dani Burger and Matt Miller.

Akila Grewal, Partner and Global Head of Product at Apollo Global Management, asserts that private credit is a resilient asset category poised for continued growth. This statement was made during an interview on Bloomberg's 'Open Interest,' highlighting the increasing significance of private credit in the financial markets.

In October 2023, a record number of subprime borrowers failed to make their car loan payments, highlighting growing financial distress among this demographic. This trend raises concerns about the overall health of the auto loan market and the potential implications for lenders and the economy. The increase in missed payments suggests that many individuals with lower credit scores are struggling to meet their financial obligations, which could lead to further economic challenges if the situation persists.

Akila Grewal, a partner at Apollo Global Management, stated in a Bloomberg interview that private credit is a resilient asset category that will continue to expand. She emphasized a focus on long-duration assets and discussed the firm's strategy in sports investing, highlighting the growing significance of private credit in the financial landscape.