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Bloomberg Intelligence
US Consumer Confidence Falls, Biden UN Speech
Sep 24, 2024
Dana Peterson, Chief Economist at the Conference Board, reveals insights into plummeting US consumer confidence and its economic implications. Nick Wadhams, a Bloomberg National Security expert, discusses President Biden’s recent UN address and its effects on foreign policy. Callie Cox examines market outlooks amidst these changes, while Nadia Calvino, President of the European Investment Bank, reveals plans for major investments in the European Green Deal, aiming for sustainable initiatives exceeding 1 trillion euros.
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Quick takeaways
- The decline in US consumer confidence reflects growing caution about job prospects, even as overall employment remains stable.
- President Biden's UN speech underscored the need for global cooperation and regulation in addressing the risks posed by emerging technologies.
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