Housing and shelter was the problem in last month's report right um how big of that is a part of course cpi nearly 40 percent. i think it's been well reported now that you know the bls collect that data with the rubia mirror and everybody knows that housing market and rents have kind of stabilized, he says. I still think we're gonna be volatile for the time being but investors need to get a position to head of the pause according to Hsieh.
Bloomberg Businessweek Editor Joel Weber and Bloomberg News US Economy Reporter Katia Dmitrieva discuss how traditional economic indicators can’t predict the timing of a US recession, and newer forecasting methods are untested. Mario Cordero, Executive Director at the Port of Long Beach, talks about the significance of ports within the US economy. Next Round Capital Partners Founder Ken Smythe explains how private companies are being creative to avoid a down round of funding. Kevin Carter, Founder of EMQQ, discusses how China’s reopening is signaling positive growth and opportunities for investors. And we Drive to the Close with Jimmy Lee, CEO at Wealth Consulting Group.
Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.
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