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13min chapter
Analysis of PCE Data and Kamala Harris' Interview
Bloomberg Surveillance
Market Sentiment and Political Dynamics
This chapter explores the current sentiment in equity markets leading up to Labor Day, focusing on the impact of 12-month forward earnings per share (EPS) estimates and the need for corporate innovation. It also examines the evolving political landscape within the Biden administration, particularly Kamala Harris's emerging role and the administration's strategic messaging. The discussion underscores the correlation between market performance and broader economic conditions, alongside the challenges faced by tech stocks in contrast to broader market strengths.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode