Trump's Tariff Threat, Retail Earnings Ahead of Black Friday, Amgen Tumbles on Weight-Loss Drug Data 11/26/24
Squawk on the Street
Market Dynamics and Trade Tensions
This chapter explores the volatile nature of markets, focusing on recent record highs and the implications of tariffs and trade policies on sectors like small-cap stocks and retail. The speakers analyze how currency values, particularly concerning Mexico and Canada, impact automakers and broader economic relationships. Additionally, they discuss significant economic indicators and retail performance amid competitive pressures, providing insights into consumer behavior during key shopping periods.
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