12min chapter

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Inflation and the Fed, Trump's Tariff Threats and Economic Team Picks, A Downer for Dell 11/27/24

Squawk on the Street

CHAPTER

Economic Strategies and Market Reactions

This chapter discusses the anticipation of the October PCE data release and its potential impact on the Federal Reserve's upcoming decisions. The speakers examine tariff implications on the automotive industry, particularly for General Motors, while also addressing President-elect Trump's economic team appointments. They reflect on the dynamic trade strategies within the Trump administration and the market's response to ongoing negotiations around tariffs and economic pressure on Canada and Mexico.

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