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Trump Will Have to Make ‘Bad Deal’ With Iran, Says Former National Security Advisor Jake Sullivan

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Jake Sullivan, former US national security advisor in the Biden administration, said that at some point Trump is going to have to ‘bite the bullet and do a bad deal’ with Iran as the country ramps up its leverage in negotiations with the United States. Sullivan also discussed Israel Prime Minister Benjamin Netanyahu’s role in the conflict, saying that Netanyahu had come to past administrations to attempt to convince past presidents to take action against Iran.

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Bloomberg Surveillance 8/18/2026

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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.

Chapters:
00:00 Global Bond Rout Tests AI Boom and Equity Rally
04:36 Energy Stocks Are Best Portfolio Diversifier — Russ Koesterich, BlackRock
18:47 US Is Borrowing Military Readiness for Hormuz — Col. Wayne Sanders (Ret.)
29:22 Home Depot Beats Estimates on Faster Sales Growth — Lindsay Dutch
31:59 Starter Home Income Needed Has Nearly Doubled — Jake Krimmel, Realtor.com
40:44 Fed Should ‘Just Hike and Move on With It’ — Kay Herr, JPMorgan Asset Management
53:16 Higher Yields Won’t Stop the AI Buildout — Stuart Kaiser, Citi
1:06:47 Trump Struggles to Sell Iran War to Voters — Marc Short, Former Pence Chief of Staff
1:18:11 Apple’s Foldable iPhone Could Revive Upgrade Cycle — Timm Schulze-Melander, Rothschild & Co Redburn
1:29:31 Today’s Bond Yields Are a Return to Normal — Robert Tipp, PGIM Credit
1:40:35 Strong Growth Can Absorb Higher Bond Yields — Seema Shah, Principal Asset Management
2:02:47 Breaking Down the Global Bond Selloff — Ira Jersey
2:06:26 Bond Selloff Is Mostly a Fed Story — Mark Cabana, BofA Global Research
2:19:01 Equity Rally Needs Bond Market Stability — Jason Draho, UBS Global Wealth Management

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Trump Hosts Crypto Leaders at White House (Remarks)

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President Trump delivered remarks with crypto leaders ahead of a meeting Thursday of the CFTC’s Innovation Advisory Committee, saying that the US if fighting ‘a lot of other countries’ to control crypto markets and urging congress to pass stablecoin legislation. Trump said his administration is focused on creating a ‘clear regulatory framework for pioneers and builders’ in the crypto industry.
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Why are Blue-Collar Workers training ai bots to take their jobs?

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Before robots can take over our jobs, they first need to learn how humans move.

With cameras strapped to their foreheads, blue-collar workers in India are training humanoid robots by filming how they use their hands in what might be AI’s latest gold rush.
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Tom Keene on Humility in a Bull Market

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On this week’s Bloomberg Money, Tom Keene explains why top #WallStreet strategists leave room for uncertainty, and why every investor needs to drop the certitude if they want to build lasting #wealth

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How people are trying to let their dogs and cats live longer lives #pets

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Supplement stacks. Red light therapy. Peptide shots. Many people are biohacking their health to try to live longer, better lives. And now, they’re doing the same for their beloved pets. Anna Edney reports.
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