Bill Lee, Victoria Bills, and Huw van Steenis discuss China, US inflation data, private credit boom, and bank earnings. The podcast covers equity outlook, market reactions, and global economic outlook with insights on US-China relations, challenges in investing in China, Bitdog market trends, AI dominance by Nvidia, and navigating business dynamics amidst solar eclipse excitement.
China's economic outlook discussed in relation to US inflation data.
Private credit boom slowdown and market reaction to upcoming bank earnings.
Deep dives
Concerns of Impending Traffic Jams for Solar Eclipse Viewing in Buffalo
Buffalo, known for its clear view of the solar eclipse, anticipates as many as a million visitors, likening the event to the Super Bowl. Bars and breweries are hosting viewing parties and offering eclipse-themed drafts as excitement builds. However, commuters are warned to expect traffic delays of up to 12 hours, making travel to the Adirondacks challenging.
Rising Popularity of Name, Image, and Likeness Collaborations with College Athletes for Gen Z Engagement
Banks and credit unions turn to college athletes for name, image, and likeness collaborations to engage with Gen Z audiences. Athletes benefit by learning financial management skills while boosting engagement and income through endorsements. This trend is seen as a new way to attract younger audiences to financial institutions.
Risks Posed by Online Puppy Adoption Scams Highlighted by Better Business Bureau
Amid the pandemic-era surge in pet adoptions, Americans have fallen victim to online puppy adoption scams, losing over $1 million in 2021. The Federal Trade Commission advises caution, suggesting sticking to local shelters to avoid falling for fake online pet advertisements. Unusual payment requests and warning signs should be heeded to prevent falling prey to these scams.
Surge in Demand for Bleisure Travel as Professionals Combine Work with Leisure
The rise of 'bleisure' travel, combining business with leisure trips, is projected to grow substantially, reaching over $731 billion by 2032. Post-pandemic changes in work-life dynamics and the need to utilize more vacation days have fueled this trend. While companies grapple with legal obligations surrounding employee travel, the demand for blended business and leisure trips continues to increase.
Bloomberg Surveillance hosted by Tom Keene and Paul Sweeney for April 8th, 2024 Featuring:
Bill Lee, Chief Economist at the Milken Institute, joins to wrap last week's Fed speak, preview this week's inflation data, and extend the conversation to a broader outlook on global economies, specifically China
Victoria Bills, Chief Investment Strategist at Banrion Capital, on equity outlook and potential market reaction from CPI this week
Huw van Steenis, Vice Chari at Oliver Wyman, joins to talk about his recent pieces on whether the private credit boom is slowing, the fresh IMF report on private credit, and no doubt banks in Q1 with bank earnings coming up
Bloomberg's Lisa Mateo with her Newspaper Headlines