Once-simple airline rewards programs have morphed into a convoluted system that makes it harder for customers to land deals.
Allyson Versprille explains why the airline rewards game is getting tougher to win

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Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern speak daily with leaders and decision makers from Wall Street to Washington and beyond. No other program better positions investors and executives for the trading day than “Bloomberg Surveillance.”

Chapters:
00:00 Tech Rebound, France Riots and AI Earnings Test
03:54 Market Stress Is Mostly Driven by Technicals — Max Kettner, HSBC Bank
18:25 GOP Russia Pushback Has Limited Bite — Tobin Marcus, Wolfe Research
31:46 AI Financing Stress Favors Mega-Cap Tech — Angelo Zino, CFRA
40:04 Yellow Vests Plan New France Protests After Riots — Oliver Crook
42:11 Markets Rightfully Lowering ECB Hike Expectations — Andrew Sheets, Morgan Stanley
53:40 Buy the Tech Selloff, but Move Up in Quality — Chris Harvey, CIBC
1:06:19 Cost of Living Is Driving Midterm Discontent — Jessica Taylor, The Cook Political Report
1:19:34 Meta Is ‘Cool Again’ and Winning Back Trust — Rich Greenfield, LightShed Partners
1:30:03 5% Treasury Yields Are Attractive — Subadra Rajappa, Société Générale
1:41:25 AI Debt Could Trigger a Sharp Selloff — Peter Tchir, Academy Securities
1:53:41 AI Shakeout Could Hit the Biggest Players — Sarah Kunst, Cleo Capital
2:07:43 Why Wait? Fed Should Hike in October — Aditya Bhave, BofA Securities
2:18:02 Buy the AI Dip, but Buy It Carefully — Kelly Kowalski, MassMutual
——–
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Fatima Dangote, Dangote Group executive director of commercial operations for oil and gas, tells Bloomberg Television the company forecasts revenue to jump to $100 billion by 2030. Speaking in an exclusive interview with Bloomberg’s Jennifer Zabasajja, Aliko Dangote’s daughter says the growth is going to come mainly from the company’s “refinery, fertilizer and cement” businesses.
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Student protests in France are exposing a deeper crisis in the European Union’s second-largest economy, which is caught between political anger, mounting debt and nervous bond markets.

What the Student Protests Mean for France: It’s Not May ’68, Yet: https://bloom.bg/3VNcEbi

Lousy school conditions are the focus of the unrest, but untenable budget deficits and the soaring cost of borrowing are making solutions harder to find.

#France #Debt #Protests

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Former Canadian Deputy Prime Minister Chrystia Freeland tells Bloomberg This Weekend that Canada and other democracies must become less reliant on the US while remaining open to rebuilding the Western alliance. Speaking with hosts David Gura and Christina Ruffini, Freeland discusses Alberta’s separatist movement, President Donald Trump’s approach to Russia and Ukraine, and lessons from her negotiations with the US that inform her new book, Unreliable Boyfriend.
——–
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