The IMF's the investor movement index did move up slightly 3.72%, three straight months of net buying of equities, but some of the specific names that were quite interesting is actually a move from the buying side. Verizon and the AT&T's that actually struggled quite a lot in April post earnings for AT&T in particular. Apple, Meta, Alphabet, Microsoft, all these names actually did really well in the month.
Bloomberg Intelligence Senior Credit Analyst Robert Schiffman discusses Apple's $90 billion buyback plan and poses the question if Apple has so much cash why borrow even more? Chris Whalen, Institutional Risk Analyst at Whalen Global Advisors and Bloomberg Intelligence Senior Analyst for US Regional Banks Herman Chan discuss the Fed warning that banks’ concerns about slower growth could lead them to make fewer loans, accelerating an economic downturn. Liliana Esposito, Chief Corporate Affairs and Sustainability Officer at Wendy's, talks about the fast-food chain's ESG strategy. Bloomberg Businessweek Editor Joel Weber and Businessweek Assistant Managing Editor Jim Ellis provide the details of the Businessweek Magazine story Airbus Bets on a Stretched A220 Jet to Beat Boeing’s 737. And We Drive to the Close with Alex Coffey, Senior Trading Strategist at TD Ameritrade.
Hosts: Carol Massar and Matt Miller. Producer: Paul Brennan.
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