Bloomberg Daybreak: US Edition cover image

Bloomberg Daybreak: US Edition

Daybreak Holiday: Inflation Pressure, Markets, Retail

Dec 25, 2024
Tom Porcelli, Chief U.S. Economist at PGIM Fixed Income, shares insights on the Fed's potential actions in 2025, highlighting inflation challenges and labor market dynamics. Lori Calvasina, Head of U.S. Equity Strategy at RBC Capital Markets, and Cameron Dawson, Chief Investment Officer at NewEdge Wealth, delve into stock market predictions and investment strategies for 2025. They also discuss retailers' adaptation to changing consumer behaviors during the holiday season, emphasizing modest growth amid inflation pressures.
37:50

Podcast summary created with Snipd AI

Quick takeaways

  • Experts predict mixed results for the stock market in 2025, emphasizing a focus on earnings growth amidst potential volatility.
  • Retailers must adapt to changing consumer behaviors by investing in engaging experiences to thrive in an increasingly frugal market.

Deep dives

Cybersecurity Challenges in Legacy Systems

Legacy technology is causing significant challenges for IT and cybersecurity teams, with 59% of security decision-makers feeling unprepared for the future. The increasing complexity of security systems often leads to a rise in security incidents, with organizations using ten or more tools experiencing an average of 14 incidents yearly. In light of this, experts suggest that companies should streamline their cybersecurity tools and focus on secure productivity software. This proactive approach can alleviate the burden on overworked IT and cybersecurity teams while effectively managing cyber threats.

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