
Whatever the Fed is doing has not been working, says Verdence's Megan Horneman
Megan Horneman, Verdence Capital Advisors CIO, joins 'Squawk Box' to discuss the latest market trends, the Fed's inflation fight, interest rate outlook, and more.
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Megan Horneman, Verdence Capital Advisors CIO, joins 'Squawk Box' to discuss the latest market trends, the Fed's inflation fight, interest rate outlook, and more.

The U.K. economy has performed better than expected over the summer, with solid growth and an uptick in business investment. That is despite the shadow of the Iran war and closure of the Strait of Hormuz, which threaten a sharp uptick in inflation and could drag on growth.

Saudi Aramco is handling September crude allocations to some of its Asian term customers on an ad hoc basis after Middle East hostilities disrupted the kingdom's exports, three sources familiar with the matter said.

Robert Kaplan, Goldman Sachs Vice Chairman and former Dallas Fed President, says the Federal Reserve was right to not raise interest rates at the meeting in July. He speaks on "Bloomberg Surveillance.

I downgraded MSDL to a hold last month. Now, MSDL has just shared its results for Q2 2026. And I think its problems got even worse. I see even weaker dividend coverage, further drop of NAV, and doubled non-accruals.

US customs officials are being overwhelmed by countries that are helping China avoid tariffs, White House trade adviser Peter Navarro says. He says the Trump administration is using artificial intelligence to help catch countries that are part of China's transshipment network.

The consortium behind Open USD is not competing on demand. It is competing on who keeps the reserve income.

Candle Lake has offered to buy Swedish online casino provider Evolution for about 131.7 billion Swedish crowns ($13.8 billion), or 695 crowns per share, the investment firm owned by billionaire Kenneth Dart said on Thursday.

The oil market has shifted from a demand-driven to a supply-driven regime, triggering extreme price volatility and rapid inventory depletion. The 2026 Strait of Hormuz crisis has halted 27% of global crude flow.

Google (GOOG/GOOGL) is intensifying efforts to advance Gemini AI, emphasizing faster model development and monetization under new leadership. Sergey Brin is pushing for recursive self-improvement in Gemini, aiming for compounding performance gains in each AI iteration.

Plus: AI build-out fuels warehouse demand; war throttles another chokepoint: the Black Sea.

A sale of 10-year notes drew the highest government costs since 2007 this week.

The yield on the 10-year U.S. Treasury note — the key benchmark for U.S. government borrowing — fell over one basis point to 4.674%.

July's U.S. inflation slows down to come in at 3.4 per cent with the core print falling to 2.5 per cent. Markets now expect the September rate decision to remain on hold.

Europe's fifth heatwave this summer is expected to limit French nuclear power production by about 15% of the nuclear fleet's total capacity on Friday, with six reactors expected to be fully offline, data from operator EDF showed.