Bloomberg Surveillance · Wednesday, July 8, 2026
Sarah Hunt, Chief Market Strategist at Alpine Woods, suggests that the recent surge in AI-related developments, coupled with oil price movements, indicates a potentially more volatile summer for financial markets. She notes that these factors could alter the Federal Reserve's expected stance on interest rates.
“You add this to the AI story and all of a sudden, I think you have a more stormy summer than we were looking at even a week and a half ago.”
“It makes a difference because all of these things play into how portfolios are going to roll out and the expectation was the FEDNAW had some cover to say we can wait and see, and. Now with this moving around, that might change that math as well.”