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BLOOMBERG Bloomberg Markets Americas July 12, 2024

Through for the United States at 57. 8. The previous number, 56. 9. The survey, 56. 2. We have a easily beaten expectations on this number, but the details are important. Lets dig into the details with bloombergs mike mckee. Michael important to realize this is a diffusion index that basically asks companies, what are things like this month compared to last month. There is a bit of an improvement. The level of improvement has slowed some. But that is a reasonably good number because we see business activity, which is sort of the same of production in the manufacturing index, up to 63 from 62. 4, and new orders up. Again, this compares with the last month. We were at very low levels, so the fact that things are expanding doesnt mean we are back to where we were. It just means that things are gradually Getting Better. The one thing everyone has been watching his employment. This report comes out too late to influence everybodys view on what the payroll report was like for august for sept

FBC Maria Bartiromos Wall Street July 12, 2024

Outbreak. But white house economic adviser larry kudlow tells me hes expecting a doubledigit growth rate for both the third and fourth quarter, expect Unemployment Rate will drop below 10 by the end of the year. A whole lot of indicators, retail sales was a blowout. One after another, Housing Demand is very strong, traveling with the upward mobility index is very strong, new Business Applications very strong. Actually, business opening now, Small Business almost 80 have reopened, one way or another. Shipping, trucking i notice on some of the private sector surveys. So, yeah, i think you can see the v right now, and i think once we get into the summer months expect Third Quarter data, well probably be looking at a 20 percent growth snap pac in q3 and q4. Maria joining me now to discuss this is one of the leaders in the world of investing, gray croft founder, alan patricof. Alan, thank you for joining us. I know you do not agree with larry kudlow about a vshaped recovery, that things wil

FBC Maria Bartiromos Wall Street July 12, 2024

Outbreak. But white house economic adviser larry kudlow tells me hes expecting a doubledigit growth rate for both the third and fourth quarter, expect Unemployment Rate will drop below 10 by the end of the year. A whole lot of indicators, retail sales was a blowout. One after another, Housing Demand is very strong, traveling with the upward mobility index is very strong, new Business Applications very strong. Actually, business opening now, Small Business almost 80 have reopened, one way or another. Shipping, trucking i notice on some of the private sector surveys. So, yeah, i think you can see the v right now, and i think once we get into the summer months expect Third Quarter data, well probably be looking at a 20 percent growth snap pac in q3 and q4. Maria joining me now to discuss this is one of the leaders in the world of investing, gray croft founder, alan patricof. Alan, thank you for joining us. I know you do not agree with larry kudlow about a vshaped recovery, that things wil

FBC Maria Bartiromos Wall Street July 12, 2024

Outbreak. But white house economic adviser larry kudlow tells me hes expecting a doubledigit growth rate for both the third and fourth quarter, expect Unemployment Rate will drop below 10 by the end of the year. A whole lot of indicators, retail sales was a blowout. One after another, Housing Demand is very strong, traveling with the upward mobility index is very strong, new Business Applications very strong. Actually, business opening now, Small Business almost 80 have reopened, one way or another. Shipping, trucking i notice on some of the private sector surveys. So, yeah, i think you can see the v right now, and i think once we get into the summer months expect Third Quarter data, well probably be looking at a 20 percent growth snap pac in q3 and q4. Maria joining me now to discuss this is one of the leaders in the world of investing, gray croft founder, alan patricof. Alan, thank you for joining us. I know you do not agree with larry kudlow about a vshaped recovery, that things wil

FBC Maria Bartiromos Wall Street July 12, 2024

Outbreak. But white house economic adviser larry kudlow tells me hes expecting a doubledigit growth rate for both the third and fourth quarter, expect Unemployment Rate will drop below 10 by the end of the year. A whole lot of indicators, retail sales was a blowout. One after another, Housing Demand is very strong, traveling with the upward mobility index is very strong, new Business Applications very strong. Actually, business opening now, Small Business almost 80 have reopened, one way or another. Shipping, trucking i notice on some of the private sector surveys. So, yeah, i think you can see the v right now, and i think once we get into the summer months expect Third Quarter data, well probably be looking at a 20 percent growth snap pac in q3 and q4. Maria joining me now to discuss this is one of the leaders in the world of investing, gray croft founder, alan patricof. Alan, thank you for joining us. I know you do not agree with larry kudlow about a vshaped recovery, that things wil

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