Despite the mixed messages, despite those numbers that showed basically a flat economy in the First Quarter of the year. Amd, target and targets ceo steps down in the wage of a big data breach. Who will take over . Why does there seem to be a ceo vacuum in retail right now . We look at who could be the next generation of retail leaders . First, though, sue is in the house. I am, ty. Glad to be here. Investors on a pretty wild ride. The dow was down triple digits earlier in the session, but we have come back considerably, but right now were down about 12. 3 points, down 0. 61, and transports are down 30 points on the trading session, just about a half a percent, and the tenyear note, the yield is 2. 60 . Why the reason for the comeback . It looks likes four is the new three when it comes to the u. S. Economy. Steve liesman has more on this bullish sentiment despite the mixed data. Well, that friday jobs report continues to echo today is several economists upping their growth forecast. S
year. are you still sticking with that prognostication given the supply chain issues and now the inflation issues and now this new covid strain. well, hi, alisyn, thanks for having us. i think the new covid strand, the obvious question there is, as you ve already discussed earlier in the segment, how effective are the vaccines against it, how transmissible is it. those are all things nobody knows yet so it is appropriate to be cautious but let s wait and see what we learn. as far as inflation and supply chain go, you heard jeff gannett of macy s and retailers that were able to do it did invest a lot in adjusting supply chains and pulling inventory forward working with others to get the merchandise but that happened in many cases but it didn t happen in all cases and there are some variables oifd of the control of some companies based on where their suppliers are, their