Squawk on the Street

Markets After a Volatile Week, Inflation and Retail Earnings Watch, Starbucks and Activism 8/12/24

Aug 12, 2024
Brian Moynihan, CEO of Bank of America, shares his financial acumen in a lively discussion about the stock market's recent turbulence. Key topics include predictions on inflation and retail earnings from giants like Home Depot and Walmart. The conversation dives into Starbucks' activist challenges and the impact of rising operational costs. Moynihan also tackles interest rate cut discussions and the evolving landscape of tech investments. Expect insights into how emerging trends like AI are shaping the future of banking and investment strategies.
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