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Bloomberg Surveillance

Big Tech Earnings, The Fed, Inflation Data

Apr 22, 2024
Discussing US soft landing, Fed expectations, equity outlook, ETF research, and market headwinds with guests Bob Michele, Liz Young, and Eric Balchunas on the latest episode.
37:17

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Quick takeaways

  • Companies are reevaluating diversity goals in annual reports amid legal and political threats.
  • Over half of Americans are willing to go into debt for summer vacations in 2024.

Deep dives

Shift in Diversity Reporting in Annual Reports

Companies are starting to remove or alter diversity goals and language in their annual reports, according to an analysis of 10k filings to the SEC. This shift comes amid legal and political threats after an affirmative action decision. Some companies have shortened diversity descriptions or removed race-specific hiring mentions, signaling a reevaluation of the political risk they are willing to take.

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