Sarah Poncek, Financial Advisor at UBS Private Wealth Management, a former Bloomberg colleague joining SVZ in Fort Lauderdale, Florida. Carol Costello: Stocks are liking to keep us all on our toes right now. She says the rally that we've seen this year has taken a lot of people by surprise and by storm as well.Costello: But entering into the year positioning was pretty light. And what that means is when you have investors who are wrong-footed, who have tried to de-risk, and all of a sudden they see a market just storming higher, they get fomo fear of missing out," she said.
Bloomberg News Senior Editor Chris Anstey explains what layoffs in the technology industry mean for the broader US labor market. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Senior Deals Reporter Ed Hammond provide the details of Ed's Businessweek Magazine story Activist Investors Find Big Companies Are Ripe Targets Again. Bloomberg Opinion Senior Columnist Beth Kowitt discusses how artificial intelligence has infiltrated decision-making on hiring, training and evaluations, and now it’s creeping into the layoff process as well. And we Drive to the Close with Sarah Ponczek, Financial Advisor at UBS Private Wealth Management.
Hosts: Carol Massar and Mike Regan. Producer: Paul Brennan.
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