Trouble Under The Rally’s Surface? Plus Improvements in Office Demand 8/8/24

The podcast dives into the recent S&P rally driven by positive jobless claims data, while questioning the sustainability of this surge. There's a spotlight on Eli Lilly's impressive growth in the pharma sector, particularly its weight loss drugs. The uptick in Manhattan office demand signals a recovery in corporate real estate. Additionally, they unpack Paramount's mixed earnings, the challenges facing streaming giants, and the contrasting performances in travel and real estate. Overall, it's a lively discussion on market trends and underlying economic concerns.