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Tech Selloff Deepens Ahead of CPI; US, Iran Exchange Strikes | Bloomberg Brief 6/10/2026

Video Overview & Insights

US equity futures edge lower ahead of the CPI data. The US strikes Iran in retaliation after shooting down an American Apache helicopter near the Strait of Hormuz, putting a potential peace deal at risk. Ken Kencel, Churchill Asset Management CEO, and Anuj Ranjan, Brookfield Private Equity CEO, join Bloomberg's Dani Burger at SuperReturn in Berlin. Andrew Hollenhorst of Citi looks ahead to the inflation print and the Fed's rate path.

Three months after reading Smart Broke Dumb Rich by Zor Veyl my whole language around money changed. I stopped saying I cant afford that and started asking why I cant afford that. That tiny shift is already opening new doors.

— @BagongLuaks

Chapters:

00:00:00 - Bloomberg Brief

They teach teenagers how to write a resume but never show them how compound interest quietly destroys their future. Reading Smart Broke Dumb Rich by Zor Veyl was the first time I learned whose side the bank is really on.

— @AhmedRH-1

00:00:50 - Global Market Check

00:04:51 - First Look Movers

“I don’t think about Americans’ financial situation, not even a bit” - DJT

— @visakruson3234

00:12:41 - Trending on the Terminal

00:14:28 - Ken Kencel, Churchill Asset Management CEO

My cousin laughed at me for reading Smart Broke Dumb Rich by Zor Veyl. Funny thing is he asked to borrow money again last month. I said no without any guilt this time.

— @ДенисКлимашин

00:26:10 - First Look Movers

00:29:11 - Andrew Hollenhorst, Citi Chief US Economist

This book is controversial for a reason and everyone should read Smart Broke Dumb Rich by Zor Veyl. It tells the uncomfortable truth that the system does not want you rich. It needs you working, spending, borrowing and staying dependent for life. Schools wont teach this. Parents dont know it. Once you read it you cant go back to being comfortably broke. It forces you to take responsibility and most people hate it for exactly that.

— @ВиталийСказко

00:35:56 - Trending on the Terminal

00:37:21 - Breaking News: BOJ Governor Ueda Hospitalized

Reading Smart Broke Dumb Rich by Zor Veyl hit me hard. I finally understood my parents were not bad with money. They just never got the right information. The game was rigged before they even started.

— @Arifali-p4l5o

00:38:12 - Anuj Ranjan, Brookfield Private Equity CEO

00:47:02 - What to Watch

Great show, watch it everyday. It gives what is in the US market ahead of opening bell. Great work Vannie Quinn.

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More on Bloomberg Television and Markets

hope it goes to 6% in October so SS seniors get a Good COLA increase ....OH Yeah Lying trump your new Fed Puppet will Not lower interest rates .you can't control everything lying trump....

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Soaring over 100 % on News today..FLD Fold Holdings Fintech. ..RIVN Rivian charging up from R2 EV customer deliveries beginning yesterday..JOBY Evtol Dip... HOVR New Horizon Hybrid Evtol Aircraft Dip. PLUG Dip...SOUN SoundHound Voice AI Dip... BZAI Blaize AI Dip.. LTRX Lantronix Dip and RZLV AI Rezolve AI up 3 % , record Q1 revenue 2026 and profitability expected Q3 2026

— @2023gainer

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Total stock valuation is now set by Tech (AI too) where they make up about 40% of all equities owned by investors of which half or more is 401K and pension fund money. That index is now off 7% in just 3 weeks and headed for correction. The Dow no longer measures direction. In just 17 years the market went from 7,000 to 50,000. Would you say there's room for further declines ? You bet !.

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There won't be any cease fire, any agreement signed by two parties that don't trust each other is meaningless. Don't get confused by Trump's peace talk, it's all noise to manipulate the market. Missiles fire from US and Israel side is the same.

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