Stocks Rally on Strong Earnings; Trump Threatens Chinese Cooking Oil

explicit

implicit

Oil

explicit

implicit

BNY Investments 6.9
Wealth Manager $2000.00B
Geoffrey Yu 9.0

Stocks Rally on Strong Earnings; Trump Threatens Chinese Cooking Oil | Bloomberg Brief 10/15/2025

metals

Gold is continuing to hit records, above $4200 per ounce. It's the new Bitcoin, reflecting increased demand amid market uncertainty.

2 calls

-31

frequent wrong calls with noticeable losses

yields

We did see the 10 year yield earlier this morning, below 4%. Those yields are holding in at those levels very staunchly. Markets are pricing in easing and financial conditions. The balance sheet contraction has run its course.

10 calls

no reliable edge (random outcomes)

8/23/2025 12:19:15 AM	short term cautious down	8 days later	+0.05%	-0.02%
8/14/2025 6:40:18 PM	short term cautious down	5 days later	-0.74%	+0.37%

We've just started earnings season, but what do you anticipate for Q4? Will we see a lot of pass-through in terms of trade?

Bonnie Quinn
Jeffrey Yu

It depends if you ask before or after the recent trade issues. Companies worry the US consumer may slow down and may have to absorb costs to maintain growth. Given Fed Chair Powell's comments on the labor market, this is a concern for businesses.
What about recent remarks on Fed balance sheet runoff and its impact on the economy?

Bonnie Quinn
Jeffrey Yu

That has been priced in for a while. Markets are gradually pricing in easing financial conditions. It's a global phenomenon seen with Japan and UK. The post-COVID balance sheet expansion reversal has run its course, and we won't return to pre-COVID levels.

SignalTube

markets at a glance