Consumer spending $6.4 billion online in the first 24 hours of Amazon's Prime Day, according to Adobe. Up 6% from a year ago, but apparently falling short of estimates. Sean O'Hara is with us, President at Pisser ETFs, which has $25 billion in assets under management on Zoom. He says SRBR owns the mission critical real estate that makes e-commerce and shopping online possible.
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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