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US Stock Rally Set to Stall; GOP Hits SALT Snag; Qatar Economic Forum | Bloomberg Brief 05/20/2025

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“Bloomberg Brief” delivers the market news, data and analysis you need to set your agenda. US equity futures decline, Treasury yields rise amid investor bets that the rest of the world’s stocks would outperform US stocks. President Trump appears to disengage from truce talks between Ukraine and Russia. House Republicans fail to arrive at an agreement on the SALT deduction cap ahead of a vote on a landmark tax bill. Home Depot reports before the bell. Conoco Philips CEO Ryan Lance says he expects a return of moderated US shale production growth. Erik Nelson of Wells Fargo says the dollar will weaken if the US exceptionalism story continues to fade.

Chapters:
00:00:00 – Intro
00:01:36 – Google Developer Conference This Week
00:03:17 – Trump-Putin Call Ends Without Ceasefire
00:06:02 – Trump: Spoke to EU Leaders After Putin Call
00:10:57 – QEF Panel: The New Risk Landscape
00:13:56 – Ryan Lance, Concophilips Chair & CEO
00:20:17 – China’s Battery Leader CATL Surges in Debut After Biggest Listing of 2025
00:23:38 – UBS Set to Lose First Round Over Hike
00:24:46 – Japan Bonds Plunge Amid Fear Over BOJ Retreat
00:27:39 – Dimon Warns of Complacency Amid Risks
00:28:25 – Erik Nelson, Wells Fargo Macro Strategist
00:38:50 – SALT Agreement Remains Elusive for House GOP
00:42:22 – Home Depot’s Comparable Sales Seen Slowing
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Trump: No Strikes As Iran Deal Close; Historic SpaceX IPO | Horizons Middle East & Africa 06/12/2026

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Oil extending declines as President Trump insists a deal with Iran is close after scrapping new strikes. Stocks extend gains on optimism diplomacy will prevail, lifting risk sentiment and shifting focus to the tech sector. SpaceX makes history with the biggest-ever IPO, raising 75 billion dollars. It puts founder Elon Musk on track to becoming the world’s first trillionaire. Guests on the show include: Aniseh Bassiri Tabrizi, Chatham House, Associate Fellow MENA; Ayesha Tariq, Macrovisor Co-Founder; and Maribel Lopez, Lopez Research, Founder & Enterprise AI Lead.

Chapters:
00:04:00 – Aniseh Bassiri Tabrizi, Chatham House, Associate Fellow MENA
00:11:26 – SpaceX makes history with biggest-ever $75 billion IPO
00:15:32 – Ayesha Tariq, Macrovisor Co-Founder
00:27:24 – Maribel Lopez, Lopez Research, Founder & Enterprise AI Lead
00:33:06 – UAE and Iran meet face-to-face to try to deescalate tensions
00:38:15 – East African nations plan to boost spending despite fiscal pressures
——–
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Blackstone’s Brand on IPO Returns, Anthropic Partnership

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“The year of the IPO is definitely on,” Martin Brand, head of Blackstone Capital Partners, says while speaking with Bloomberg’s Dani Burger at the SuperReturn International Conference in Berlin.
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Is China’s Regulatory Truce With E-Commerce Platforms Over? | The China Show 6/12/2026

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“Bloomberg: The China Show” is your definitive source for news and analysis on the world’s second-biggest economy. From politics and policy to tech and trends, Yvonne Man and David Ingles give global investors unique insight, delivering in-depth discussions with the newsmakers who matter.

Chapters:
00:00:00 – Bloomberg: The China Show opens
00:04:06 – Trump insists Iran deal is close
00:05:52 – Asia stocks rally, oil slumps as Iran deal optimism grows
00:07:09 – SpaceX IPO raises $75B in biggest debut of all time
00:12:05 – LDV Partners’ Founding Partner Winston Fu on SpaceX IPO
00:16:02 – Alert: US shoots down Iranian attack drones: Fox
00:19:26 – Beijing intervenes to curb excessive competition
00:22:44 – China, Hong Kong markets open
00:27:34 – Gavekal Dragonomics’ Tilly Zhang says China’s regulatory ceasefire is over
00:36:58 – SK Hynix boom reshapes trading in the stock
00:40:01 – MediaTek shares poised for best quarter on record
00:50:14 – Asia investors find ways to bet on SpaceX
00:54:32 – BNP Paribas Asset Management’s Zhikai Chen on markets, outlook for Indonesia
01:12:21 – Bloomberg Intelligence: Beijing scrutiny will slow online platforms’ revenue growth
01:16:06 – Trending in China: AI sparks fear of job losses in China
01:19:20 – Alert: Danantara COO says will not sell commodity exports directly
01:25:07 – Bloomberg Opinion: SpaceX dreams clash with China reliance
01:28:11 – Bloomberg Economics on why China’s World Cup dreams remain unfulfilled
——–
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Japan’s Comeback: Why the “Lost Decades” May Finally Be Ending

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For more than 30 years, Japan’s economy was defined by deflation, negative interest rates, and economic stagnation. Now inflation has returned, corporate governance reforms are gaining traction, and investors are taking a fresh look at Japanese markets. We speak with Apollo CEO Marc Rowan, Japan Exchange Group CEO Hiromi Yamaji, and Mireya Solís of the Brookings Institution to examine whether Japan is finally breaking free from the so-called ‘lost decades,’ and what could derail the comeback.
——–
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SpaceX Debut Fuels Musk Mania and Valuation Debate | Insight with Haslinda Amin 06/12/2026

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Insight with Haslinda Amin, a daily news program featuring in-depth, high-profile interviews and analysis to give viewers the complete picture on the stories that matter. The show features prominent leaders spanning the worlds of business, finance, politics and culture.

Chapters:
00:00:00 – Insight with Haslinda Amin Begins
00:02:21 – Stock rally builds on Iran optimism and SpaceX debut
00:04:54 – SpaceX IPO raises $75 billion in biggest debut of all time
00:06:59 – Founder ETFs’ Michael Monaghan on SpaceX growth story
00:08:15 – True North Advisors’ Dhruv Maniktala on why SpaceX is ‘priced to perfect
00:22:39 – Stocks extend gains and oil falls on Iran deal prospects
00:24:21 – Trump insists Iran deal is close after scrapping new str
00:28:33 – Maniktala on why he ignores Trump’s shifting Iran headlines
00:29:15 – Monahan on the three market waves: Middle East risk, AI capex, and jobs
00:36:35 – Air India crash report delayed on unfinished exam of GE engines
00:40:11 – Aviation Cargo’s Vandana Singh on why the investigation needs time
——–
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