Bloomberg Surveillance
Surveillance: Wells Fargo's S&P 500 Call
Oct 3, 2023
Chris Harvey reveals Wells Fargo's S&P 500 year-end call; Robert Tipp discusses the potential for a 5% or 6% rise in the 10-year; Sheila Kahyaoglu highlights United airlines' potential $80M savings from reduced passenger weight; Dana Peterson talks about consumer hurdles; Gov. Lamont addresses Connecticut's economic competitiveness and border control.
34:24
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Quick takeaways
- Connecticut's Governor Ned Lamont is focused on attracting businesses and residents to the state by highlighting its strong education system, access to major cities, and quality workforce.
- Despite tough competition from states with lower taxes, Governor Lamont acknowledges Connecticut's progress in becoming more competitive by attracting businesses and promoting its workforce and education system.
Deep dives
Connecticut's Efforts to Attract Businesses and Residents
Connecticut's Governor, Ned Lamont, is working to attract businesses and residents to the state. Despite competition from states like Florida, Lamont emphasizes Connecticut's strong education system, access to New York and Boston, and quality workforce as key selling points. The state has also reduced taxes for middle-income earners and eliminated estate taxes for most of the population. While tax competitiveness may not match states like Florida, Lamont aims to highlight Connecticut's other advantages.
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