Bloomberg Businessweek

US Retail Sales Barely Increase in Sign of Consumer Strain

Jun 18, 2024

Bloomberg experts discuss strained US consumer finances from minimal retail sales increase. Nvidia leads market cap race as AI propels tech giant. Insights on sustainability investing, Boeing CEO testimony, and migration trends. BlackRock's active ETF strategies and High Yield ETF launch.

53:29

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Episode guests

Abigail Doolittle

Michael Mackenzie

Molly Smith

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Episode notes

Podcast summary created with Snipd AI

Quick takeaways

US retail sales show consumer strain, Nvidia leads in semiconductor market, migration boom to the South.

Deep dives

Semiconductor Industry Growth and Demand for AI Technology

Investors are recognizing the importance of the semiconductor industry in fueling the growth of artificial intelligence. There has been over a billion dollars inflow into semiconductor ETFs this year, highlighting investor interest in this sector.

Intro

2min

U.S. Retail Sales Report and Economic Indicators Analysis

11min

Success Stories in Wealth Management, Investment Banking, and Business Insurance

3min

Analysis of Nvidia's Meteoric Stock Rise and Market Cap Surpassing Apple and Microsoft

2min

Charting Apple's Stock and Challenges for US Fund Managers

2min

ESG Factors in Investment Analysis and CEO Behavior in Corporations

17min

Challenges of Rapid Migration in the South

9min

Exploring Success, Wealth Management, and Insurance Services

3min

Thematics and Semiconductor Industry Trends in ETFs

6min

10.

Discussion on Launching BlackRock High Yield ETF and Investor Choices

3min

Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.
Bloomberg News Economics Editor Molly Smith and Bloomberg News Rates Reporter Michael Mackenzie break down news that US retail sales barely rose in May and prior months were revised lower, pointing to greater financial strain among consumers. Bloomberg News Chief Markets Correspondent Abigail Doolittle reports on Nvidia’s relentless rally propelling the semiconductor giant’s market capitalization over its mega-cap tech peers, helping it clinch the title of the world’s most-valuable company as the artificial intelligence wave continues. Jason Britton, CIO at Reflection Asset Management, discusses sustainability focused investing. Bloomberg Intelligence Senior Airlines Analyst George Ferguson has the latest on Boeing CEO Dave Calhoun's testimony before the US Senate. Bloomberg News Senior Editor Elizabeth Fournier and journalist and author Henry Grabar discuss the migration boom of New York and California residents moving to the South. And we Drive to the Close with Jay Jacobs, Head of Active ETFs at BlackRock.
Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.

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Bloomberg Businessweek

US Retail Sales Barely Increase in Sign of Consumer Strain

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

Deep dives

Semiconductor Industry Growth and Demand for AI Technology

Active Equity ETFs and Demand for Alpha-Generating Strategies

BlackRock Launches BELT ETF for Long-Term U.S. Equity Exposure

BRHY: BlackRock High Yield ETF Provides Investors with High Yield Bond Exposure

Bounceback in Nvidia and Semiconductor Industry Driving ETF Inflows

Remember Everything You Learn from Podcasts