"I think that we've turned the corner. Our proprietary indicator, the HCM Byline, went positive about two and a half weeks ago," he says. "This is the first time in the whole year that we've seen the longer-term trend turn back up" He adds: "You have to trade what actually is going on."
Becky Frankiewicz, President at ManpowerGroup, shares her thoughts on the US labor market reporting that January hiring unexpectedly surged and unemployment fell to a 53-year low. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Reporter Kim Bhasin provide the details of Kim's Businessweek Magazine story Billionaire’s Son Battles Turbulent WWE Over Future of Wrestling. Bloomberg News Technology Reporter Davey Alba explains how Apple, Alphabet, Amazon have all been hurt as an economic slump crimps demand. Michael Gao, CEO at Fabric Systems, talks about building better blockchain hardware. And we Drive to the Close with Vance Howard, CEO at Howard Capital Management.
Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.
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