
Bloomberg Intelligence
Promising PCE Data, Morning Consult Poll
Sep 27, 2024
In this engaging discussion, Ira Jersey, Chief US Interest Rate Strategist, analyzes recent PCE data suggesting a possible rate cut by the Federal Reserve. Laura Davison, Politics Editor, sheds light on a Bloomberg poll revealing voter concerns around the economy. Nadia Lovell, Senior Equity Strategist at UBS, shares her market outlook amid shifting economic trends. Mandeep Singh, Tech Analyst, discusses Intel's challenges and the competitive landscape with Nvidia and AMD. The conversation weaves through critical economic indicators and their political significance.
41:27
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Quick takeaways
- The recent PCE data indicates a 'Goldilocks' economic scenario, suggesting stable inflation and raising hopes for potential interest rate cuts by the Fed.
- Polling data shows Vice President Harris gaining traction against Trump in swing states, highlighting the significance of economic issues affecting voter preferences.
Deep dives
Teen Safety Enhancements on Instagram
Instagram has introduced automatic protections aimed at enhancing the safety of teen accounts. New features limit who can contact users under 16 and restrict the content they can view, providing a safer environment for young users. Additionally, parental approval is now required for teenagers to modify their safety settings, ensuring that guardians are involved in overseeing their online activity. These measures are intended to help teens connect securely with the people and content that are important to them while navigating potential risks on social media.
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