Old Economy Stocks Surge Again | Open Interest 2/12/20212

From Bloomberg Markets and Finance.

Get a jump start on the US trading day with Matt Miller and Dani Burger on "Bloomberg Open Interest." The “old economy” is hot again. As AI anxiety spreads, money is rotating back into the Dow Transports.
Nuveen is buying Schroders, creating one of the world’s largest active managers with nearly $2.5 trillion in assets. And President Trump’s tariff agenda just took its strongest political hit yet, as the House passed a bill to scrap some levies on Canadian imports. Plus: Ferrari Fever. A white 1962 250 GTO helps drive record-breaking sales at Mecum. We talk to the CEO of the Mecum about the auction frenzy.

Chapters:
00:00:00 – Open Interest
00:01:50 – Cisco Gives Tepid Margin Forecast
00:02:29 – AI Hardware Competition
00:05:56 – Nuveen to Buy Schroders in $13.B Deal
00:08:48 – McDonald’s Value Strategy Pays Off
00:10:32 – High Interest | Clear Street, Citi
00:12:18 – House Rebukes Trump Over Canada Tariffs
00:20:02 – AI Disruption Rattles Markets
00:22:53 – Stocks to Watch | Cisco
00:31:37 – Top Calls | Kraft, Ferrari, Humana
00:33:06 – Cisco Gives Tepid Margin Forecast
00:39:55 – Transportation Stocks Take the Lead
00:45:14 – Nancy Tengler Laffer Tengler | Opening Gains
01:00:12 – AI Borrowing Boom Shakes Bond Market
01:05:30 – Dave Magers Mecum Auctions | Ferrari Top Sales
01:20:23 – Top Backers of Anthropic Deal
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