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Bloomberg Surveillance

Investors Gearing for Inflation Data as US Issues Israel Warning

May 9, 2024
Scott Chronert discusses US recession outlook and rate cuts, Sarah House previews CPI and Fed speak, Wendy Schiller breaks down DC headlines and Israel-Hamas war
24:49

Podcast summary created with Snipd AI

Quick takeaways

  • Investors are monitoring US recession and rate cuts outlook, while considering a shift towards European equities.
  • Shift in vacation destinations due to seriously underwater home mortgages and record-breaking heat in traditional spots.

Deep dives

Nationwide's Commitment to Simplicity in Financial Services

Nationwide emphasizes simplicity in financial services to help clients achieve retirement goals. By providing straightforward resources, they assist in retirement savings, health care costs, and other planning needs. This approach aims to streamline planning processes for financial professionals, enabling more focus on assisting clients.

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