We don't expect companies to be able to kick out the profits that they were kicking out, previously. The consumer is not willing to pay those dollars any more. And i think they have to take the hit in their own bottom line for the most part.
Dr. Andy Pekosz, Professor of Molecular Microbiology and Immunology at the Johns Hopkins Bloomberg School of Public Health, discusses the surge of Covid cases across the country. Bloomberg Intelligence ESG Analyst Shaheen Contractor explains why Tesla was expelled from the ESG version of the S&P 500 Index, sparking a debate about which companies do — and don’t — pass muster with socially aware investors. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Financial Investigations Reporter Zeke Faux talk about Zeke's Businessweek Magazine story A $60 Billion Crypto Collapse Reveals a New Kind of Bank Run. And we Drive to the Close with Morgan Stanley Managing Director Kathy Entwistle.Hosts: Tim Stenovec and Katie Greifeld. Producer: Paul Brennan.
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