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BMO’s McCormick Says It’s Still Right to Be Long Dollar

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BMO Chief FX Strategist Mark McCormick says the right trade is to be long dollar for now. He speaks on “Bloomberg The Close.”
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S&P 500 Set for Record High on Earnings | Open Interest 4/22/2026

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Get a jump start on the US trading day with Matt Miller and Dani Burger on “Bloomberg Open Interest.” President Trump extends a ceasefire with Iran indefinitely, dialing back threats of renewed conflict. On Wall Street, earnings season roars to life with Tesla in the spotlight after the bell. And a Bloomberg scoop reveals how a small group of users gained unauthorized access to Anthropic’s Mythos AI model. We’re joined by United Airlines CEO Scott Kirby. He’s hinting at potential asset deals while staying tight-lipped on targets. Mark Sotir of Equity Group Investments breaks down a major private equity reset as higher rates reshape the landscape. Avis shocks the market with a surge hammering short sellers, even as skepticism builds. And BMW unveils its next-generation 7 Series, pushing luxury and electrification forward.

Chapters:
00:00:00 – Open Interest
00:02:32 – US Lawmakers Split on Iran Strategy
00:04:52 – United Cuts Full-Year Forecast on Rising Fuel Cost
00:08:21 – Unauthorized Users Gain Access to Anthropic’s Mythos
00:13:08 – Scott Kirby United CEO Talks Earnings
00:25:49 – Stock to Watch | United Airlines
00:27:40 – Seema Shah Principal Asset Management | Market Resilience Tested
00:35:26 – Top Calls | Airbnb, Prudential Finl, Qualcomm
00:37:35 – Deutsche Telekom Explores T-Mobile Deal
00:43:06 – Avis Extends Gains Amid Short Squeeze
00:47:54 – Iran Seizes Two Ships in the Strait of Hormuz
00:52:55 – Aoifinn Devitt Moneta Global Wealth | Stocks Rise After Solid Earnings
01:01:09 – Mark Sotir Equity Group | Private Equity is Going Through a Reset
01:08:07 – Sebastian Mackensen BMW North America
01:19:20 – Tesla Stock Underperforms the Broader Marker
01:25:07 – Warsh Vows Independence, Won’t Be a “Sock Puppet”
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More on Bloomberg Television and Markets

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Stocks Near Record Highs on Iran Truce Extension | Bloomberg Businessweek Daily 4/22/2026

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On today’s episode of Bloomberg Businessweek Daily, Carol Massar and Tim Stenovec discuss stocks sitting near record highs …

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Stocks Fall, Oil Rises After US Seizes Iran-Flagged Ship | Bloomberg Brief 4/20/2026

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US equity futures fall and oil climbs after the US Navy attacked and boarded an Iranian-flagged cargo ship in the Gulf of Oman.

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Peace Prospects Extend April Surge | The Close 4/17/2026

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Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the …

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Iran War: US Seize Iranian Ship & Peace Talks Uncertain | Daybreak Europe 4/20/2026

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Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your day, …

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