Squawk on the Street

Starbucks Shakeup, Tamer Inflation Data, Interview with Blackstone Pres. Jon Gray 8/13/24

Aug 13, 2024
Jon Gray, President of Blackstone, provides insight into the economy and the upcoming 2024 election. The conversation highlights Starbucks' significant leadership change, with Brian Niccol stepping in to revitalize the struggling coffee chain. Inflation data reveals a more stable environment than expected, prompting discussions on consumer behavior and the impacts on companies like Home Depot. Gray also shares strategic investment opportunities, especially in real estate, amidst the current economic landscape.
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