Discussion on investor disappointment from JPMorgan's latest results, highlighted by concerns over consumer borrowing limits, record credit card debt in the US, and challenges for lower-income consumers amidst Wall Street's success and Main Street's challenges in an inflationary environment.
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Bloomberg News Wall Street Reporter Sonali Basak breaks down earnings from JPMorgan, Wells Fargo and Citi. Hagar Chemali, Founder and CEO at Greenwich Media Strategies, shares her thoughts on Israel bracing for an unprecedented attack by Iran. Rich Lesser, Global Chair of BCG, discusses risks and disruption concerning CEOs. John Wu, President at Ava Labs, talks about seeing a new wave of blockchain innovation. And we Drive to the Close with JJ Kinahan, CEO at IG North America. Bloomberg News Squawk Desk Reporter Bill Maloney also participates in the conversation.
Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.
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