Closing Bell Overtime: Former Council of Economic Advisers Chairman Glenn Hubbard on the Fed’s Big Decision; Affirm CEO Max Levchin Talks State of the Consumer 03/20/23
Major averages finish higher as the markets digest the Credit Suisse rescue. Cantor Fitzgerald’s Eric Johnston on why he’s still bearish while Macquarie Group’s Thierry Wizman discusses the huge swings in the bond market. Glenn Hubbard was the chair of the Council of Economic Advisers under George W. Bush; he discusses what the Fed is watching most closely ahead of this week’s rate decision. Our Phil LeBeau on why auto inventories are finally increasing at dealerships while Eamon Javers brings us the big ruling a judge made against JPMorgan in a Jeffrey Epstein lawsuit. Plus, Affirm CEO Max Levchin on where consumers remain strong and where weakness is showing and Cowen analyst John Kernan previews Nike’s earnings.
March 20, 2023
44 min
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516 of 2,295
March 20, 2023
Closing Bell Overtime: Former Council of Economic Advisers Chairman Glenn Hubbard on the Fed’s Big Decision; Affirm CEO Max Levchin Talks State of the Consumer 03/20/23
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Episode 516 of 2,295 — walk the feed in the order it was published.
44:26This episodeClosing Bell Overtime: Former Council of Economic Advisers Chairman Glenn Hubbard on the Fed’s Big Decision; Affirm CEO Max Levchin Talks State of the Consumer 03/20/23
Summary
Major averages finish higher as the markets digest the Credit Suisse rescue. Cantor Fitzgerald’s Eric Johnston on why he’s still bearish while Macquarie Group’s Thierry Wizman discusses the huge swings in the bond market. Glenn Hubbard was the chair of the Council of Economic Advisers under George W. Bush; he discusses what the Fed is watching most closely ahead of this week’s rate decision. Our Phil LeBeau on why auto inventories are finally increasing at dealerships while Eamon Javers brings us the big ruling a judge made against JPMorgan in a Jeffrey Epstein lawsuit. Plus, Affirm CEO Max Levchin on where consumers remain strong and where weakness is showing and Cowen analyst John Kernan previews Nike’s earnings.
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