iPhone Shipments Fall in China , Baltimore Bridge Collapse
Mar 26, 2024
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Mandeep Singh discusses iPhone shipment decline in China, while Michael McKee analyzes Baltimore bridge collapse's economic impact. Dana Peterson shares consumer confidence data, and Carol Schleif discusses market outlook. Topics include Apple's struggles in China, AI collaboration, trade shipping challenges, supply chain disruptions, consumer concerns on inflation, and investment strategies.
iPhone shipments declined in China, impacting market dynamics.
Baltimore bridge collapse highlighted economic implications and infrastructure challenges.
Deep dives
Biden Gains Ground in Key Swing States
Biden has shown improvement in swing states, specifically gaining ground in Michigan, Wisconsin, and Pennsylvania. His State of the Union address and the Super Tuesday nominations have positively influenced his standings. Trump's support comes mostly from those who like him, while half of Biden's supporters are motivated against Trump.
Voter Preferences and Motivations
Trump's base of supporters remains loyal, with enthusiastic backing, while negative sentiments against Trump could drive voters to oppose him. The upcoming election will reveal the impact of the independent and suburban voter segments, particularly focusing on their decision-making between Trump and Biden.
Changing Voter Priorities
Economic concerns have slightly decreased in importance, while immigration issues have increased in significance among voters. Trump's advantage on the economy has softened, indicating a shift in perception towards economic management between Trump and Biden.
Considerations on Age as a Factor
Concerns about age, particularly Biden's age, have been somewhat alleviated following high-profile speeches and events like the State of the Union address. Democrats feel more assured that age will not be a decisive factor that could heavily impact Biden's campaign.
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Mandeep Singh, Bloomberg Intelligence Senior Tech Industry Analyst, joins the program to discuss iPhone shipments falling in China. Michael McKee, Bloomberg International Economics and Policy Correspondent, discusses the economic implications of the Baltimore bridge collapse. Dana Peterson, Chief Economist at the Conference Board, joins to discuss the latest U.S Consumer Confidence data. Carol Schleif, CIO at BMO Family Office, joins to discuss her outlook for the markets. Mark Niquette, Bloomberg Real Economy Team Reporter, talks about the latest Morning Consult Poll.