Bloomberg
Economies that reopened sooner are not better off: Summers
May.22 -- Lawrence H. Summers, former U.S. Treasury Secretary, looks at Sweden as an example of an economy that did not see any material benefit from keeping its businesses open through the outbreak. He also cautions that people's fear...
Bloomberg
Economy Losing Momentum at Critical Time: Economist Swonk
Dec.23 -- Diane Swonk, Grant Thornton chief economist, says she's concerned that consumer spending is slowing down at a time when it should be ramping up. She speaks with Bloomberg's Tom Keene and Lisa Abramowicz on "Bloomberg...
Bloomberg
Consumption in China Will Pick Up: CCB International
Jan.17 -- Cui Li, managing director and head of macro research at CCB International, discusses the health of China's economy, its outlook and policies. The economy grew 2.3% last year, as the successful control of Covid-19 positioned it...
Bloomberg
WPP Could Benefit From M&A and Faster Growth: CEO
Nov.27 -- WPP CEO Mark Read discusses the company's growth outlook, acquisitions, impact of the Covid-19 pandemic, and the prospect of tech regulation under the Biden administration. He speaks with Bloomberg's Francine Lacqua on...
Bloomberg
How Markets,Businesses Are Weighing Up a Biden Win
Oct.16 -- Afsaneh Beschloss, RockCreek Group founder and chief executive officer, sees more agreement in markets that Democratic nominee Joe Biden could win the U.S. presidential election. Bob Diamond, Atlas Merchant Capital founding...
Bloomberg
New Zealand Economy Rebounds, Expanding 14% in 3Q
Dec.16 -- New Zealand’s economy bounced back strongly from recession in the third quarter as massive fiscal and monetary stimulus sparked a recovery in consumer spending. Gross domestic product surged 14% from the second quarter, when it...
Bloomberg
China Economy Soars on Stronger Consumer Spending
Apr.16 -- China’s economy surged in the first quarter as retail sales climbed from a year ago. Bloomberg’s Enda Curran reports.
Bloomberg
U.S. Retailers to Report Earnings as Inflation Fears Simmer
May.18 -- U.S. retailers report earnings this week, giving investors another glimpse into the health of the consumer economy.
In-store sales are expected to bounce back following the reopening of cities, stimulus checks and pent up...
Bloomberg
Morgan Stanley SVP on U.S. Equities
Alix Steel and Guy Johnson, the hosts of "Bloomberg Markets: Americas" welcomed Katerina Simonetti, Morgan Stanley Private Wealth Management Sr. Vice President and Private Wealth Advisor onto the program to discuss all things U.S....
Bloomberg
Consumers See Recession Around Corner: Conference Board
Conference Board Chief Economist Dana Peterson discusses the takeaways from the June US consumer confidence data with Guy Johnson and Alix Steel on "Bloomberg Markets." US consumer confidence dropped in June to the lowest in more than a...
Bloomberg
Marriott Plans to Start Buying Back Shares CEO Says
Marriott International CEO Tony Capuano says the company will likely begin buying back shares this year as travel demand returns after the coronavirus pandemic. He speaks on "Bloomberg Surveillance" at the World Economic Forum.
Bloomberg
Why Goldman Sachs Cut Its US Growth Forecasts
Jan Hatzius, chief economist at Goldman Sachs, discusses the factors behind his firm's call for US economic growth on "Bloomberg Surveillance."
Bloomberg
Walmart Results Good News for Economy, Cowen's Chen Says
"A better Walmart is generally better for the outlook on the US consumer," Oliver Chen, Cowen senior equity research analyst for retail and luxury goods, says during an interview on "Bloomberg Markets." Walmart's third-quarter profit and...
Bloomberg
BofA CEO Moynihan on Consumer Spending, Job Cuts, Recession Call, His Future
Bank of America Corp. is seeing signs of consumer weakness, with spending starting to slow, CEO Brian Moynihan said. He also talks about chances of a US recession, inflation, jobs in investment banking and his future at the company. He...
Bloomberg
Japan's Economy Accelerates After Covid Curbs Relaxation
Japan's economic growth accelerated last quarter. Gross domestic product grew at an annualized pace of 2.2%. Economists had expected an expansion of 2.6%. Enda Curran reports on Bloomberg Television.
Bloomberg
BofA's Moynihan: 'A Lot of Dry Powder' on Consumer Side
Bank of America Chairman and CEO Brian Moynihan says consumers are holding up well. as inflation rises and interest rates climb. He speaks with David Westin on "Balance of Power."
Bloomberg
Dana Telsey Sees 'Challenged' Holiday Retail Season
"We have too much inventory. No one is getting rid of it as fast as they would like and that's gonna mean a bargain for the consumer," Telsey Advisory Group CEO and Chief Research Officer Dana Telsey says during an interview on...
Bloomberg
Economist Hao Hong on China's 'Gradual' Reopening, Economy, Markets
Hao Hong, chief economist at Grow Investment Group, discusses the prospects for China's reopening, and its implications for the economy and financial assets. Stocks in mainland China and Hong Kong may jump as much as 13% and 28%...
Bloomberg
China's Premier Urges Provinces to Boost Pro-Growth Measures
China's Premier Li Keqiang asked local officials boost pro-growth measures after latest data showed consumption and output fell below expectation. Enda Curran reports on Bloomberg Television.
Bloomberg
Key Takeaways From the Univ. of Michigan's Consumer Data
"Consumers are seeing a lot of uncertainty in the world today," Joanne Hsu, University of Michigan Surveys of Consumers director, says. Speaking on "Bloomberg Markets," Hsu also says consumer sentiment is still low.
Curated Video
U.S. Economy Shrank 0.9% Last Quarter, Its 2nd Straight Drop
The report comes at a critical time as consumers and businesses struggle under the weight of punishing inflation and higher borrowing costs.
Bloomberg
BMO Family Office CIO on Markets, Inflation
Carol Schleif, Deputy CIO at BMO Family Office, discusses her outlook for markets and inflation. She speaks with Haidi Stroud-Watts and Shery Ahn on "Daybreak Australia."
Bloomberg
China's Economy to Rebound 'Very Strongly' From 2Q, HSBC Says
Jing Liu, chief economist for Greater China, explains why she expects a strong rebound of the Chinese economy after a bumpy transition period, and discusses the government's policies. She speaks with Yvonne Man and David Ingles on...
Bloomberg
China Economy Remains Under Pressure, China Beige Book Says
Shehzad Qazi, managing director at China Beige Book International, discusses the state of the world's second-largest economy and its prospects. Data released from China Beige Book shows the country's economy decelerated into February and...