Carol Costello: When you talk about price hikes, which seems to be the kind of method to shore of staying alive basically in this environment, prices are sticky. And that's from an economic perspective. She says things like a can of Pepsi or some Fritos, which I would consider a staple must have - they're small indulgences.Costello: Do they hedge still McDonald's? The overall McDonald's stock is still around records.
Bloomberg News Chief Correspondent for Global Macro Markets Liz McCormick discusses how the world’s biggest money managers are split over how much further inflation will retreat from the highest levels in decades. Bloomberg Markets Correspondent Kriti Gupta and Bloomberg News Reporter Simone Foxman break down news from consumer related companies. Lonne Jaffe, Managing Director for Insight Partners, explains why 2023 will be the year that AI truly breaks into the general population’s awareness. Bloomberg News Bankruptcy Reporter Steven Church provides the details of his Businessweek story Crypto Quest for Freedom Ends in Bankruptcy Bureaucracy. And We Drive to the Close with Alan Zafran, Co-CEO at IEQ Capital.
Hosts: Kriti Gupta and Madison Mills. Producer: Paul Brennan.
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