Bloomberg Intelligence
US Consumer Sentiment Rises, Boeing Strike
Sep 13, 2024
Joanne Hsu, Director of the University of Michigan Surveys of Consumers, shares insights on the recent rise in consumer sentiment and its relationship with inflation. George Ferguson, an aerospace analyst, discusses the ongoing Boeing strike's impact on the 737 MAX program. Mo Haghbin of Invesco reveals market outlooks, while Dan Ives from Wedbush analyzes Adobe earnings and big tech developments. The discussion also touches on the compensation disparities in college athletics, advocating for better representation and reform.
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Quick takeaways
- Recent consumer sentiment data shows optimism due to declining inflation expectations, indicating a recovery from previous economic pessimism.
- Boeing faces significant disruption from a workers' strike that jeopardizes production lines, complicating the company's efforts for financial recovery.
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