Bloomberg Surveillance TV: October 14, 2024

Nela Richardson, Chief Economist at ADP, shares insights on the labor market, predicting a clouded October jobs report. Kate Moore, Head of Thematic Strategy at BlackRock, discusses solid but not spectacular revenue growth in Q3. Both guests highlight the cautious investor sentiment ahead of the U.S. elections, as the landscape shows mixed market signals. They also explore the impact of high interest rates on real estate, consumer resilience amid uncertainties, and how China’s economic struggles might affect the U.S. economy.