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US Economy Grew Faster Than Expected Last Quarter on Firm Demand | Bloomberg Businessweek
Posted
July 25, 2024
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July 25, 2024
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Bloomberg News International Economics & Policy Correspondent Mike McKee and Bloomberg News Rates Reporter Michael Mackenzie discuss US economic growth accelerating by more than forecast in the second quarter, illustrating demand is holding up under the weight of higher borrowing costs. Bloomberg Intelligence Equity Strategist Michael Capser explains why US earnings season outlook is sliding. Doug Ciocca, CEO at Kavar Capital, breaks down market volatility and where he is seeing opportunities. Katie Thomas, Lead at the Kearney Consumer Institute, talks about US and global consumer stress levels. And we Drive to the Close with Kathy Entwistle, Managing Director at Morgan Stanley Private Wealth Management.
Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.
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Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories of global technology, politics, economics and more by harnessing the power of Bloomberg Businessweek reporters and editors.
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