Live Breaking News & Updates on Michigan Consumer Sentiment

Stay updated with breaking news from Michigan consumer sentiment. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Transcripts For BLOOMBERG Bloomberg Markets Americas 20240711

To work our way through. Let me start with the Michigan Consumer sentiment index. Headline number coming through at 76 point nine, broadly in line with expectations of 77. Current conditions at 87, i had of expectations. At 75. Tions youve got the difficult situation i think the consumer has got to figure out. Do i worry about the here and now and worry about the impact the virus is going to have over the next weeks and months, or do i think about what the vaccine is ultimately going to deliver . Like the markets, i think the consumer is probably having to balance those factors out. Kailey i want to point out housing data as well. The Housing Market has been particularly strong. That does continue. A pace of 909,000, versus the estimate of 975,000. We are getting october personal spending data, and for more on that as
New York , United States , Saudi Arabia , City Of , United Kingdom , Newyork Alix , Roger Dow , Bloomberg Sonali Basak , Peter Navarro , Sonali Basak , Michael Mckee , Michigan Consumer , Michigan Consumer Sentiment , Consumer Sentiment , Point Housing , Housing Market , Bloomberg International , Bloomberg International Economics , Bloomberg International Economics Policy Correspondent , International Economics , Michael May , Inflation Numbers , Current Conditions , Main Street , Many People , Small Caps ,

Transcripts For FBC Making Money With Charles Payne 20240711

Underway at the masters, while one of the trail blazing golf legends is one of my winners of the week. All that and so much more on making money. Muck charles well, markets rerutted out of the gate erupted out of the gate nicely, but the tale has been the case all year long. The emergence of buyers yesterday is when youve got to watch out. In the final hour of trading all year long, thats when you know the next day is going to be big. Shakeout sessions are becoming somewhat more predictable. To the pros, they buy into these dips into the close, and then the next day the market opens bigger. Put that on your notes for how to make money. Now, there continue to be some dark clouds including, of course, covid cases, a lack of fiscal stimulus and just exactly what the fed is doing because so far not what they promised. In fact, the ecb is doing a whole lot more pumping than [inaudible] meanwhile though, earnings remind investors of fundamentals. Great earnings reports include disney, cisco ....

New York , United States , Mike Dewine , Lori Lightfoot , Joe Biden , Sam Davis , Erin Perrine , Rick Unger , Ralph Luna , J Dustin Johnson , Charles Payne , Scott Martin , David Webb , Jon Rahm , Geraldo Rivera , Jay Powell , Kamala Harris , Applied Materials , Unanswered Questions , Veritas Financial , Financial Advisers , Greg Branch , Payne Capital , Georgia Senate , Georgia Senate Race , Senate Race ,

Transcripts For BLOOMBERG Bloomberg Markets Balance Of Power 20240712

The key is to think about it order by quarter. You had a deep drop in the economy last quarter, and you are back up to where 95 of the economy is restored, and then we all work out the high net was one point 2 a 1 to 2 of the economy, it will take a while to grind through that. The audi is every at the reality is every estimate has gotten better rather than worse. Why is that . Consumer activity stayed strong. The fiscal stimulus, the monetary stimulus, the programs the fed has between the government and congress, between what the fed did. To bring the hole economy back up to the level and now we have to let it work out from there and we probably need more stimulus for defined places still in difficulty. Restaurants, state and local governments, schools, performing events, venues, some of the Industries Airlines and other things that you cannot have people do at the rate we have before. The rest of the businesses,
United States , Bloomberg Jonathan , Bloomberg David , Larry Fink , Joe Biden , Mitch Mcconnell , Hank Paulson , Brian Moynihan , Boris Johnson , Industries Airlines , Dentists Office , Consumer Spending , Good News , Health Care , Health Care Crisis , Hospital Capacity , Construction Industry , Certain Companies , Companies Went , Unemployment Benefits , Federal Reserve , Interest Rates , Net Interest Income , Interest Income , Deal Bank , Bank America ,

Transcripts For BLOOMBERG Bloomberg Surveillance 20240712

Technology back to the 19th century, yesterday was a bellwether announcement. Applean the idea that made 26 billion worth of iphones and a shutdown is unbelievable. Tom that is a granularity job lisa job. Something on instagram, researches it on google, and buys the iphone. Jonathan you are describing yourself and projecting onto lisa what you are doing. Lisa [laughter] jonathan it will be about the nasdaq and big tech. Rumor, and it is not just us, it is our kids at home. We are trying to give them a screen and throw out parenting guidelines. As we look to washington, d. C. For guidance, there is none. Jobless benefits will expire without benefits past at the end of the day. U. S. Personal income and spending down over the month of june, but it will give us a sense of how much did ulster the saving and spending capabilities of americans bolster the saving and spending capabilities of americans. The university of Michigan Consumer< ....

New York , United States , Capitol Hill , District Of Columbia , Google Lisa , Peter Kinsella , Barack Obama , Derby Rory , Ken Mike , Trey Hollingsworth , Mitch Mcconnell , Tom Keene , Lloyd Walmsley , Boris Johnson , Europe Lisa , University Michigan , Michigan Consumer , Michigan Consumer Sentiment , Consumer Sentiment , Big Tech , Record Low , Stock Market , Real Economy , Top Five , Hedge Funds , High Yield ,

Transcripts For BLOOMBERG Bloomberg Surveillance 20240712

Friday here. We had the range bound markets all week, maybe with the exception of gold. All of that pushed aside by the ramifications of the pandemic. We dont need to go into it now, but i really wonder over the andend, as the economists equity strategists write how they adapt and adjust their q3 view out of the news we are seeing from the sunbelt. Jonathan it is going to be a tugofwar for the next few weeks and months. Beneath the surface, the fragility is really going to start to show in places like texas and florida. Lisa this is the tension. The traditional data we rely upon, getting some of it today at 8 30 a. M. With u. S. Personal income and spending, this data is outdated well before we even get it. There is a question of what do you look at. Do you look at restaurant rivers rations restaurant reservations . Do you look at mobility trends . These are things i am watching in the day ahead. The universityt of Michigan Consume ....

New York , United States , Hong Kong , Baylor Deborah , Lebron James , Thomas Michaud , Anna Han , Tom Keene , Baylor Peter , Joe Biden , Michigan Consumer , Michigan Consumer Sentiment , Consumer Sentiment , Vice President , Companies Taking , Different Health , Health Measures , Close Stores , Stores Florida , Florida Apple , Begin Program , Consumer Spending , Contributors National , Six Months , Hedge Funds , Months Ahead ,