Inflation and the Fed, Trump's Tariff Threats and Economic Team Picks, A Downer for Dell 11/27/24
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One day after the Dow and S&P 500 hit fresh record highs, Carl Quintanilla, David Faber and Sara Eisen discussed a barrage of economic and inflation data ahead of the Fed's December decision on rates. The anchors also delved into President-elect Trump's tariff threats, as well as his choices to round out his White House economic team. A tough earnings picture for tech, led by Dell: Shares of the company tumbled on a revenue miss and light guidance. Also in focus: Softbank's investment in OpenAI, what American Express CEO Stephen Squeri told Sara about the economy, investing in weight-loss drug makers. Squawk on the Street Disclaimer
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Carl Quintanilla, David Faber, and Sara Eisen discussed the latest for stocks ahead of retail's biggest 5 day stretch of the year: Thanksgiving to Cyber Monday. The Fed's preferred inflation gauge - PCE - came in as expected, with the team breaking down what it means for rates ahead. Also in...
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