Bloomberg Surveillance TV: July 16th, 2025
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Yahoo
14 minutes ago
- Yahoo
Key takeaways from the Trump-Putin summit
The much-anticipated summit between U.S. President Donald Trump and Russian leader Vladimir Putin began with a warm welcome and a flyover by screaming jets at a U.S. military base in Alaska but ended with a thud Friday after they conceded that they had failed to reach any agreements on how to end the Russia-Ukraine war. After about 2 1/2 hours of talks at Joint Base Elmendorf-Richardson in Anchorage, the two men appeared before reporters for what had been billed as a joint news conference — but they took no questions. 'We had an extremely productive meeting and many points were agreed to, there are just a very few that are left,' Trump said. 'We didn't get there, but we have a very good chance of getting there.' Putin, welcomed into the U.S. after being shunned by Western allies since early 2022 for ordering the invasion of Ukraine, thanked Trump for hosting the meeting and suggested with a chuckle that the next time the two sit down it could be in Moscow. Here are key takeaways from the summit: A warm welcome underscoring the friendly Trump-Putin relationship Putin got a red carpet welcome and even rode in Trump's presidential limousine from the tarmac to the summit venue. There, the pair were joined by two of their top aides: Secretary of State and national security adviser Marco Rubio and special envoy Steve Witkoff for Trump and Foreign Minister Sergey Lavrov and national security adviser Yuri Ushakov for Putin. Putin, who spoke first after the meeting concluded, lauded the historical relationship between the United States, Russia and the former Soviet Union, recalling joint missions conducted by the two countries during World War II. He said the U.S. and Russia share values, a standard talking point for Russian officials when trying to woo Trump and his aides. Putin also noted that Trump has frequently said the Ukraine war wouldn't have happened had he won the 2020 election. 'I think that would have been the case,' the Russian leader said, a comment sure to please Trump. However, there is no indication and no way to prove that Moscow would have acted differently toward Ukraine had Democrat Joe Biden not been elected. Trump touts progress but concedes there was no deal Trump had gone into the meeting hoping to get Putin to agree to a ceasefire with Ukraine — or at least a commitment from Russia to enter into negotiations to reach one. Instead, Trump conceded that 'we haven't quite got there' and said he would be conferring with Ukrainian President Volodymyr Zelenskyy and NATO leaders about next steps. Trump said he and Putin had made some significant progress toward the goal of ending the conflict but gave no details on what that entailed and had to acknowledge that they had been unable to bridge substantial gaps. 'I believe we had a very productive meeting,' Trump said. 'We haven't quite got there, but we've made some headway. So, there's no deal until there's a deal.' In a subsequent conversation with Sean Hannity of Fox News Channel, Trump again offered no details on his discussions with Putin. With diplomatic progress creeping along, time is on Putin's side Amid drawn-out diplomatic moves to end the war, time is appears to be on Putin's side. That gives a leg up to Russian forces, who have used their larger numbers to slowly grind down defenses in eastern Ukraine 3 1/2 years into the conflict. Putin got a pleasant reception from the leader of the free world on U.S. soil and walked away hours later without either providing details on what they discussed, whether a ceasefire was any closer to reality or what the next steps would be. Putin praised Trump for the 'friendly' tone of the talks — Trump said nothing publicly about the killing of Ukrainian civilians in Moscow's attacks — and for 'understanding that Russia has its own national interests.' Putin said Moscow and Washington should 'turn the page,' with relations having sunk to the lowest point since the Cold War. Putin appearing in the U.S. for the first time in 10 years was celebrated as a sign that Moscow was no longer a pariah on the global stage. In a social media post, Russian Foreign Ministry spokeswoman Maria Zakharova told followers that the Western press would be on the verge of 'losing their minds.' 'For three years, they talked about Russia's isolation, and today they saw the red carpet being rolled out to greet the Russian president in the United States,' she said. There were no details and no questions Both men said the talks were 'productive' but the lack of any announcement of solid achievements was revealing. The news conference ended up being less than 15 minutes of rather standard diplomatic comments — and gave no indication that any concrete results were achieved — and offered little departure from their previous comments on the war in Ukraine. Trump has made it a feature of his second term to parry questions from reporters in front of world leaders, but in the clearest sign of his disappointment, the president abruptly cut short his plans to take questions. Trump had gone into the summit saying here was a 25% chance that the summit would fail and that it was meant to be a 'feel-out meeting,' but he had also floated the idea of bringing Zelenskyy to Alaska for a subsequent, three-way meeting if things went well. It's unclear what comes next. Associated Press writers Katie Marie Davies, Dasha Litvinova and Michelle L. Price contributed to this report.
Yahoo
14 minutes ago
- Yahoo
Retail trading trends: Top names investors are buying
Retail traders, like their institutional counterparts, are feeling bullish as the market trades near record highs. Investopedia editor in chief Caleb Silver shares the findings of Investopedia's recent investor survey, including some of the top names retail investors are trading and where they should invest extra cash. To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend. Well, American workers are increasingly investing stocks. We know that in their retirement funds. Vanguard Group found workers in their late 30s at 88% of their 401Ks in stocks last year. That's versus 82% a decade earlier. And a new sentiment survey from Investopedia shows retail traders, they're more interested in individual names than ETFs with the data showing, if folks had 10,000, 22% of respondents would put that money into individual names. Caleb Silver, Investopedia editor-in-chief, he's with me now. Caleb, let's start. I wanna know how Investopedia fans, how are they feeling? What's the vibe there? The vibes are strong. The vibes are immaculate. Record highs will do that to you, right? And we've had a lot of them lately, and they see this deregulatory environment. They see the fact that rates are coming down, and they've seen some outperformance not just in their favorite stocks, which look a lot like the top of the S&P 500, but in a lot of smaller stocks as well. So, they've been paid for their patience. They've been paid for hanging in there, and they've been more aggressive, by and large, than a lot of institutional investors. PS, institutional investors, according to Bank of America's most recent fund manager survey, also as optimistic as they've been in six months, but again, higher highs will make you feel pretty good. So good vibes. What do they do with those vibes? What are the names they wanna own? Yeah, they own their home cooking. They own the stocks that they've owned ever since they probably got in this game, and that is the top of the S&P 500. Nvidia tops that list. Palantir new, but rising onto that list. Microsoft, Apple, Amazon, of course. You see some Berkshire Hathaway in there. You see a little Costco sprinkled in there and some banks like JP Morgan, but by and large, mega cap tech, anything AI related of size, they stick with them. They've been paid well and handsomely for sticking with their bets. Now another question you ask, which I always think is interesting. You also ask, "Hey, what do you wanna own 10 years from now?" What was their answer? Yeah. Well, a lot of the same stocks. Nvidia's on the top of that list as well. Palantir, one of the top stocks on that list as well. Microsoft, I see there as well. Even Alphabet. So, not a lot of change, because why change when we are really in the land of the giants. The big stocks move the market. We were talking with a guest earlier that says, "They are the market." If you're not in these big stocks, you're not just moving, you're not having that outperformance. So, they have to be in them. And they've been rewarded, again, for holding these stocks. You don't see a lot of them exploring a lot into other sectors beyond big tech right now, and uh beyond in smaller stocks. But you do see them globbing onto the same things that have delivered the performance that look like the QQQs, that look like the SPY's. That's where they stuck their money. That's where they intend to stick their money, and as the market has been rising for the past couple months, that's where they put even more of their money. And you also ask them, I like this part of the survey. You ask them, "Listen, if you had an extra 10 large, an extra $10,000, where would you put it to work? Where would you commit capital?" What was their answer? Yeah. This is the ultimate discretionary question. What would you do with an extra 10,000 assuming you could invest it? And individual stocks top that list. And when you have this rising bull market and records after records coming in day after day, that's what you get. They want to own the individual names because that's where the performance has been. Second on that list is ETF. They want some diversification there. That makes a lot of sense as well. But basically, keep buying the same stocks that have delivered the returns, and that have made them 401K millionaires. And when you look at survey after survey, we have more than ever right now, as you mentioned Vanguard saying more and more people contributing stocks to their 401K plans. We are a stock heavy nation. If you ask them some of these questions, you know, let's say six months ago or 12 months ago, has there been a big difference? I mean, has it evolved a lot? Absolutely. And they went from trying to be safe with CDs and high-yield savings to back to stocks, back to ETFs. So, you see that seesaw depending on behavior and depending on how the market's doing right now. When we had the big sell-off, everyone was running for cover. There was gold was topping that list as well. But they were looking for places to be safe. ETFs were a little bit stronger than individual stocks because of the diversification. They'd seen some big tumbles in some of their favorite stocks. But when you get a bull market like this, when you get records after records, people want to own individual stocks. Again, biggest stocks in the market just keep getting bigger. And when we talk about the folks you're surveying here, remind me, Caleb, the Investopedia fan, who is that fan? What's the demo? Yeah, the Investopedia reader is right here. You and me, right? 18 to 80, self-directed, educated investors who like to invest their own money. Maybe they also get professional advice to do it as well, but they're interested in learning how this works, and they come to us to get smarter about it. But we're talking about, you know, adults, average age in their 40s or so, but we do have this big range of people who are just starting to learn to people who are kind of nearing the end of their investing journey, but still want to stay smart. So, this is kind of everybody, and it's a pretty good representation when you think about the size of our reader base. Related Videos 3 reasons the Fed hasn't cut rates yet this year How Trump's pressure on Fed Chair Powell could backfire Stocks close mixed, the Dow ends the week higher Applied Materials' Forecast Rattles Investors Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Fox News
16 minutes ago
- Fox News
Fred Fleitz cites ‘intensive diplomacy' behind-the-scenes during Trump-Putin summit
Former NSC Chief of Staff Fred Fleitz discusses the ramifications of the Trump-Putin summit in Alaska and the next phase of efforts to end the war in Ukraine on 'Fox News Live.'
