Luxury consumers are people who have an income of 200 thousand dollars per year plus. Thetra o, fashion, their aspirationall their core. People moved away from all the comfy war, you know. And listen, i love a great pair of yoga pants. They're not inexpensive,. So i consider that luxury is well, but or people trading up.
Bloomberg News Technology Reporter Mark Bergen explains that Google plans to slow hiring for the remainder of the year in the face of a potential economic recession. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Markets Reporter Justina Lee talk about Justina's Businessweek Magazine story How Three Arrows Capital Blew Up and Set Off a Crypto Contagion. Saks CEO Marc Metrick shares the details of the Saks Pulse survey on luxury goods spending. Cheryl Pate, Senior Portfolio Manager at Angel Oak Capital, provides a preview of bank earnings. And we Drive to the Close with Eddie Perkin, Chief Investment Officer for Equity at Eaton Vance.
Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.
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