US GDP (gross domestic product) for 2024’s second quarter was revised for a second time, the US Bureau of Economic study raising the print from 2.8% to 3%. While the data may be a tailwind for the Federal Reserve, does the data signal headwinds for the other segments of the economy? Citi senior global economist … Read more
Nouriel Roubini, chief executive officer of Roubini Macro Associates and professor emeritus at NYU Stern School of enterprise, discusses the outlook for the US economy, geopolitical risks and the potential impact of the French and US elections on global markets. He speaks on “Bloomberg The Close.” Sign up for the Economics Daily newsletter to discover … Read more
Mike Wilson, Morgan Stanley chief US equity strategist, talks about where he sees risks to the sector, monetary policy, the rise of Nvidia, and how just a handful of mega caps are driving US equities today. He’s on “Bloomberg Surveillance.” ——– More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications … Read more