Bloomberg Intelligence

Consumer Sentiment, Bank Earnings, Litigation Latest

Oct 13, 2024
Joanne Hsu, Director of the UMich Surveys of Consumers, reveals a concerning drop in consumer sentiment due to rising costs. Alison Williams provides insights into the mixed earnings of major banks like JPMorgan. Elliot Stein discusses TD Bank's $450 million penalty following a money laundering case. Priya Misra warns of high interest rates affecting real estate, while Jennifer Rie emphasizes the impact of antitrust cases on big tech, particularly Google's potential breakup. The conversation highlights evolving market dynamics and regulatory challenges.
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