Stocks Dip On Thin US-China Trade Talk Outcome; Musk's Contrition | Bloomberg Brief 6/11/2025

US equity futures decline as the US and China agree to an implementation plan following trade talks in London, now awaiting Presidents Trump and Xi's sign off. Elon Musk expresses regret for his posts about Trump. Treasury Secretary Scott Bessent emerges as a contender to succeed Fed Chair Jerome Powell. Henry Allen of Deutsche Bank says the Fed will be reluctant to move anytime soon ahead of US CPI data. Mark McCormick of TD Bank says market positioning is currently very extreme and lopsided as no major theme permeates markets. “Bloomberg Brief” delivers the market news, data and analysis you need to set your agenda.

Chapters:
00:00:00 - Intro
00:01:30 - Front Page News
00:03:00 - Henry Allen, Deutsche Bank Macro Strategist
00:11:16 - Trending on the Terminal
00:19:50 - Front Page News
00:22:38 - Front Page News
00:23:56 - Mark McCormick, TD Bank Global Head of FX & EM Strategy
00:29:13 - Trending on the Terminal
00:42:31 - What to Watch
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