Walter todd is the president and chief investment officer at greenwood capital associates. Greenwood capital is a registered investment adviser with about one point four billion dollars in assets under management. Walter, how are you doing good? I pe aser. Well yet, we're doing pretty well. Ma expense ive. To day's trade, the s and b 500 down four tenths of one % right now. We saw stocks move off their loas when we heard comments from waller earlier to day that it was more likely 75 basis points rather 100 basis points. But still, they open much lower, more than two % to the downside for the s and p 500.
Bloomberg Businessweek Editor Joel Weber and Bloomberg News Economics Reporter Rich Miller talk about Rich's Businessweek Magazine story about how the US economy is putting out very mixed vibes as reports on jobs, inflation, and consumer demand are sending conflicting signals, making it harder to see if a recession is coming. Dr. David Dowdy, Infectious Disease Epidemiologist at the Johns Hopkins Bloomberg School of Public Health, shares his thoughts on the spread of the BA5 Covid variant. Bloomberg News Finance Reporter Hannah Levitt and Anton Schutz, President at Mendon Capital Advisors, discuss big bank earnings and outlook. Bloomberg Businessweek Columnist Max Chafkin provides the details of his Businessweek Magazine story There Are No Winners in Musk's Botched Twitter Deal. And we Drive to the Close with Walter Todd, President and Chief Investment Officer at Greenwood Capital.
Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.
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