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Oil Chiefs Lukewarm as Trump Pushes $100 Billion Venezuela Plan Jan 09, 2026

Show notes

Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.

Major US oil executives expressed caution to Donald Trump about reentering Venezuela, even as the president pressured their companies to spend at least $100 billion to revive the country’s crude oil production.
Trump convened nearly 20 industry representatives in the East Room of the White House on Friday and predicted they could come to an agreement “today or very shortly thereafter” to restart operations in the oil-rich Latin American country, following the brazen capture of leader Nicolás Maduro.
“If you don’t want to go in, just let me know, because I’ve got 25 people that aren’t here today that are willing to take your place,” Trump told the oil representatives.
Comments from some of the executives indicated the president may need to do more convincing. While many praised Trump and said they relished the opportunity resulting from last weekend’s military action, they stressed that hard work remained before they could make substantive investments. Exxon Mobil Corp. Chief Executive Officer Darren Woods said that Venezuela is currently “uninvestable.”
Today's show features:

Ellen Wald, President of Transversal Consulting and Senior Fellow at the Atlantic Council, on oil executives’ White House visit with President Donald Trump
Rockford Weitz, Professor of Practice & Director of the Maritime Studies Program at Tufts University's Fletcher School of Law and Diplomacy, on the latest developments in Venezuela and other global geopolitical hotspots
Gregory Daco, Chief Economist at EY, on the December nonfarm payrolls report and the broader US economic outlook
Katie Hubbard, President of US Capital Markets at Walton Global on President Donald Trump proposed ban on institutional residential real estate purchases and push to make Fannie Mae and Freddie Mac buy $200 billion in mortgage bonds

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Archer CEO Adam Goldstein on Upcoming Air Taxi Trials In US Jan 09, 2026

Show notes

Archer Aviation is designing and developing electric vertical takeoff and landing aircraft for use in urban air mobility networks. The company is partnering with cities across the country to submit multiple applications to launch initial air taxi operations under the White House’s eVTOL Integration Pilot Program (eIPP), a first-of-its-kind public-private initiative led by the US Department of Transportation and Federal Aviation Administration to support the safe integration of air taxis in the US beginning as soon as this year.
Adam Goldstein is the founder of Archer and has served as its Chief Executive Officer and Chairman of the Board of Directors since the company was listed on the NYSE in 2021. He discusses the prospects for an expansive eVTOL rollout in the near-term with Carol Massar and Tim Stenovec on Bloomberg Businessweek Daily.

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Trump Directs $200 Billion Mortgage Bond Buy in Housing Push Jan 08, 2026

Show notes

Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.

US President Donald Trump said he was directing the purchase of $200 billion in mortgage bonds, which he cast as his latest effort to bring down housing costs ahead of the November midterm election.

Trump announced the move on Thursday in a social media post. The director of the Federal Housing Finance Agency, Bill Pulte, said soon after that the president aims for Fannie Mae and Freddie Mac to execute the purchases.

“This will drive Mortgage Rates DOWN, monthly payments DOWN, and make the cost of owning a home more affordable,” Trump wrote in his post.
He added that his decision not to sell Fannie Mae and Freddie Mac during his first term allowed them to amass “$200 BILLION DOLLARS IN CASH” and that he was making his announcement “because of that.”

“It is one of my many steps in restoring Affordability, something that the Biden Administration absolutely destroyed,” the president said. Mortgage backed securities rallied relative to Treasuries on the news.

Fannie Mae and Freddie Mac have added billions of dollars of mortgage-backed securities and home loans to their balance sheets in recent months, fueling speculation that they’re trying to push down lending rates and boost their profitability ahead of a potential public offering.

Today's show features:

Conor Sen, Bloomberg Opinion columnist and Founder of Peachtree Creek Investments, on his latest column about President Donald Trump's proposal to ban institutional investors from buying single-family homes
Bloomberg Economics US and Canada Economist Stuart Paul on Thursday’s jobs data and what to expect from Friday’s nonfarm payrolls report and Alli McCartney, Managing Director of Wealth Management with Alignment Partners at UBS, on key market indicators to watch in early 2026
David Woo, Macro Strategist and former Bank of America Head of Global Interest Rates, Foreign Exchange, Emerging Markets Fixed Income Strategy & Economics Research
Bloomberg News Technology Reporter Alexandra Levine on what appears to be the end of the effort to ban TikTok in the US with a sale to American investors

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Oshkosh Corporation CEO John Pfeifer on Innovation at CES 2026 Jan 08, 2026

Show notes

Oshkosh Corporation builds what it calls "purpose-built equipment" to help people advance communities around the world. Headquartered in Wisconsin, Oshkosh employs more than 18,000 team members worldwide, all united behind a common purpose: to make a difference in people’s lives. Oshkosh products are found in more than 150 countries under the brands of JLG, Pierce, MAXIMETAL, Oshkosh S-Series, McNeilus, IMT, Jerr-Dan, Frontline Communications, Oshkosh Airport Products, Oshkosh AeroTech, Oshkosh Defense and Pratt Miller.
John Pfeifer has served as the company's president and CEO since 2021. He discuss what Oshkosh Corporation is showcasing at CES 2026 in Las Vegas when it comes to advanced technologies in autonomy, AI, connectivity and electrification. John speaks with Carol Massar and Tim Stenovec on Bloomberg Businessweek Daily.

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Trump Hits at Institutional Investors in Single-Family Homes Jan 07, 2026

Show notes

Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.
President Donald Trump said he would move to ban institutional investors from buying single-family homes, part of a push to address housing affordability ahead of this year’s midterm elections.
“People live in homes, not corporations,” Trump said in a social media post Wednesday announcing the effort, adding that he would expound on the plan at the World Economic Forum in Davos, Switzerland, later this month.
The news sent shares of homebuilders, including Toll Brothers Inc., Invitation Homes Inc., KB Home and PulteGroup Inc., down. Shares of Blackstone Inc. — a major investor in single-family homes in the US —fell by as much as 9.3%, though later pared some of those losses.
The initiative comes after Trump’s allies have repeatedly raised alarms that affordability has become a political albatross for the GOP heading into the November elections. Trump urged Republican lawmakers Tuesday to avoid losing control of the House this year, saying it would lead to his impeachment. There’s reason for the White House’s concern: Just 36% of Americans said they approved of Trump’s job performance in a Gallup poll released in December, about 2 percentage points higher than his personal low before his first term ended in January 2021. Nearly half of adults described current economic conditions as “poor.”
Today's show features:

Bloomberg Intelligence Senior REITs and Commercial Real Estate Analyst Jeffrey Langbaum on President Donald Trump’s move to ban institutional investors from buying single-family homes
Bloomberg News Corporate and Economic Statecraft Reporter Joe Deaux on the US seizure of a Russia-flagged ship and renewed concerns about potential action toward Greenland
Francisco Rodriguez, Senior Research Fellow at the Center for Economic and Policy Research at the University of Denver’s Josef Korbel School of International Studies, on the future of Venezuela’s government and the administration of its oil assets
Bloomberg Intelligence Senior Media Analyst Geetha Ranganathan on Warner Bros. Discovery’s rejection of an amended takeover offer from Paramount Skydance and Versant’s shares facing pressure after its spinoff from Comcast

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The Signs That Favor the Bulls in 2026 Jan 07, 2026

Show notes

It's been nearly three decades since Howard Capital Management developed a proprietary indicator, called the HCM-BuyLine, to help protect client assets. This tool overlays all separately managed portfolios, as well as proprietary Mutual Funds and ETFs in an effort to keep assets on the right side of the market. The HCM-BuyLine is based on a proprietary calculation of the strength of the market derived from the ratio of new highs to new lows on the New York and Nasdaq stock exchanges. The tool uses trend analysis – moving averages – to help identify the broad trend in the equity market and determine when to be in or out of the market.
Vance Howard, the founder and CEO of Howard Capital Management, discusses his investing outlook in 2026, the impact of recent US military action in Venezuela, and how to respond to key market trends based on the HCM-BuyLine. Vance speaks with Carol Massar and Tim Stenovec on Bloomberg Businessweek Daily.

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Chevron Lines Up 11 Ships as Venezuela’s Dark Fleet Vanishes Jan 06, 2026

Show notes

Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.
A small fleet of ships booked by Chevron Corp. is sailing to Venezuela as the company emerges as the only exporter of the country’s oil following the ouster of President Nicolas Maduro by US forces.
Chevron is poised to export more Venezuelan oil this month than last, with at least 11 ships scheduled to arrive in the Venezuelan government-controlled ports of Jose and Bajo Grande, according to preliminary data compiled by Bloomberg.
All eyes are on the Houston-based company to see if it will begin shipping out more Venezuelan crude after US President Donald Trump said he wanted “total access” to the country’s vast reserves. Chevron is the only Western firm allowed to produce and export crude oil in Venezuela amid American sanctions and it operates under a license granted by the Treasury Department. It is responsible for nearly 25% of the nation’s production and oversees the crude through delivery to fuel-makers in the US Gulf and East Coast markets.
Today's show features:

Peter Tchir, Head of Macro Strategy at Academy Securities, on the market impact of the US military action in Venezuela and removal of Nicolas Maduro
Bloomberg News Cross-Asset Reporter Denitsa Tsekova and Bloomberg News Financial Regulation Reporter Lydia Beyoud on the Bloomberg Big Take on the prediction market boom
David Royal, Chief Financial & Investment Officer at Thrivent, on the 2026 investing outlook, the oil market, and the situation in Venezuela
Christina Lee, Co-portfolio Manager for US Private Debt strategy at Oaktree Capital Management, on the M&A outlook and key credit market trends to watch

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Trump’s Venezuela Oil Revival Plan Is a $100 Billion Gamble Jan 06, 2026

Show notes

Realizing President Donald Trump’s plan for a US-led revival of Venezuela’s beleaguered oil industry could be a years-long and challenging process costing upwards of $100 billion.

Years of corruption, underinvestment, fires and thefts have left the nation’s crude infrastructure in tatters. Rebuilding it enough to lift Venezuela’s output back to its peak levels of the 1970s would require companies to invest about $10 billion per year over the next decade, according to Francisco Monaldi, director of Latin American energy policy at Rice University’s Baker Institute for Public Policy. That’s equivalent to more than a third of what Exxon Mobil Corp. — the largest US oil company — has budgeted this year for capital expenditures around the entire globe. Francisco discusses the many challenges ahead for both Venezuela and the US in the post-Maduro era with Carol Massar and Tim Stenovec on Bloomberg Businessweek Daily.

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Venezuela Regroups With New President, Old Repression Tactics Jan 05, 2026

Show notes

Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.

Venezuela Regroups With New President, Old Repression Tactics

Venezuela’s government is reasserting itself after the capture of Nicolás Maduro, swearing in Delcy Rodríguez as acting president and flashing warning signs that a new wave of repression has begun.

As the government continued to churn inside the presidential palace Miraflores, Venezuela’s military counterintelligence officials have been patrolling the streets of Caracas, according to at least two witnesses. At least seven journalists and members of the press were detained on Monday morning and early afternoon, most of them at the National Assembly and its surroundings, according to the national press workers syndicate.

Heavily armed security forces and pro-government motorcycle gangs known as colectivos were seen roaming the capital, at times stopping drivers and checking their phones. While they aren’t as influential as they were at the height of Maduro’s power, the State Department has said they have been responsible for killings during protests.

Venezuela’s information ministry didn’t immediately respond to a request for comment.

Today's show features:

Rockford Weitz, Professor of Practice & Director of the Maritime Studies Program at Tufts University's Fletcher School of Law and Diplomacy, on US military action in Venezuela
Mike Collins, Managing Director and Executive Portfolio Advisor for Fixed Income at PGIM, on key developments in the bond market
Bloomberg Economics Geo-Economic Analyst for Latin America Jimena Zuniga on the global economic implications of the US ousting Nicolas Maduro from power
Sam Stovall, Chief Investment Strategist for CFRA Research, on the investing outlook to begin 2026

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Oil Traders Weigh Surplus, Geopolitical Risks to Start 2026 Jan 05, 2026

Show notes

Oil steadied on the first trading day of 2026 as expectations for a supply surplus offset geopolitical risks to production in several OPEC+ nations. Middle Eastern markets, including derivatives like the regional Dubai benchmark, faltered amid heavy selling pressure on a key trading window in Asian hours, traders familiar with the matter said. Faced with a seasonal lull in consumption, the Organization of the Petroleum Exporting Countries is leaning toward caution.

Tim Moore is a Senior Research Analyst at Clear Street who leads the firm's coverage of the clean energy transition, as well as the oil and gas industry. He discusses the oil market outlook as well as some of the clean energy players that stand to make gains in the year ahead. Tim speaks with Carol Massar, Tim Stenovec and Bloomberg News Big Oil reporter Kevin Crowley on Bloomberg Businessweek Daily.

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