Big banks versus regionals. I looked at the spider us. And p reginal bank t vits down about 18 % so far this year. If we start to see demand destruction because gas gets so sive that people stop doing things, and they pull back in other parts of their lives too, then that's a real concern. Cos consumer spending amounts to so much when it comes to our economy,. agreed, ono a national basis. But, you know, i mean, inflation affects everybody. So help me.
Bloomberg Businessweek Editor Joel Weber and Bloomberg News Economics Reporter Rich Miller talk about Rich's Businessweek Magazine story about how the US economy is putting out very mixed vibes as reports on jobs, inflation, and consumer demand are sending conflicting signals, making it harder to see if a recession is coming. Dr. David Dowdy, Infectious Disease Epidemiologist at the Johns Hopkins Bloomberg School of Public Health, shares his thoughts on the spread of the BA5 Covid variant. Bloomberg News Finance Reporter Hannah Levitt and Anton Schutz, President at Mendon Capital Advisors, discuss big bank earnings and outlook. Bloomberg Businessweek Columnist Max Chafkin provides the details of his Businessweek Magazine story There Are No Winners in Musk's Botched Twitter Deal. And we Drive to the Close with Walter Todd, President and Chief Investment Officer at Greenwood Capital.
Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.
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