Nora Wittstruck, Chief Analytical Officer for Governments at S&P Global, joined Romaine Bostick and Katie Greifeld on Bloomberg’s ‘The Close’ to provide insights on FIFA’s financial position during the 2026 World Cup. She highlights how FIFA has emerged financially stronger despite facing numerous controversies during the tournament. (Source: Bloomberg)
Chad Mumm, Co-Founder of Pro Shop and Producer of the Netflix series ‘Full Swing,’ talks about the world’s number-one ranked golfer, Scottie Scheffler, missing the cut at the Scottish Open. He also discusses golf’s surge in popularity and the anticipation for the upcoming season of ‘Full Swing.’ Mumm joins Romaine Bostick and Katie Greifeld on Bloomberg’s ‘The Close.’ (Source: Bloomberg)
Gary Gensler, Former SEC Chair and professor at MIT Sloan School of Management, joins Romaine Bostick and Katie Greifeld on Bloomberg’s ‘The Close’ and discusses the significant return of IPO activity including SK Hynix, which raised $26.5 billion in the largest foreign debut in the US, Google’s $85 billion capital raise and SpaceX going public. He says these big deals are a sign of ‘high-valuation market.’ (Source: Bloomberg)
Barclays’s Alexander Altmann explains the exploding demand.
Retail participation in the stock market is booming. And of course the biggest story in markets is the AI trade, which has created an incredible amount of demand for chips and memory. These two broad themes have come together in the form of leveraged, single-stock ETFs. And while these products are popular in the US, the scale coming out of Korea is enormous. It’s a good week to talk about this intersection, because some of the biggest stories of the week include Samsung’s earnings and SK Hynix’
Japan’s biggest public pension fund will likely ignore Finance Minister Satsuki Katayama’s call to boost domestic investment, at least in the short run, because of strict rules governing asset allocation and its public mandate.
Unusual moves in an oil-market gauge are prompting Vanguard Asset Management Ltd. to buy insurance against stickier-than-expected US inflation.
