When do we start seeing damage to the economy that freaks people out? I mean, not just negative GDP growth, but job losses. Is that coming or can we avoid it? Well, that's the $64,000 question and it all is going to depend on the Fed. There are a lot of smart folks out there that do think a recession is largely coming.
Bloomberg News International Economics & Policy Correspondent Michael McKee and Bloomberg News Economics Editor Molly Smith discuss today's CPI data and the Fed's next move. Bloomberg News Senior Finance Reporter Sri Natarajan explains why Goldman Sachs is breaking with its long-standing convention and have been actively downplaying expectations for earnings results that will be disclosed next week. Sean O’Hara, President at Pacer ETFs, talks about the companies that make Amazon Prime Prime Day possible. And we Drive to the Close with Tony Roth, CIO at Wilmington Trust.
Hosts: Carol Massar and Matt Miller. Producer: Paul Brennan.
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