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Markets' "Inflation Rally," Delta and PepsiCo Earnings Beats 7/13/23

Squawk on the Street

00:00

The Board's Decision to Stay Till 2026

Iger indicated at least a quarter that just ended, Jim, probably not a great one, right? Thank you. He obviously indicated things have gotten even worse than he thought they would in a quicker fashion. And I've talked about this a lot in terms of court cutting and what's happening in the linear cable world. But all those three are not great for earnings in the near term. It is going to take a while, Jim, to sort of try in his opinion to work through them in an effective way.

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