Consumer sentiment data, Harris's economic agenda: Catalysts
Today on Catalysts, hosts Seana Smith and Madison Mills explore the latest economic data and market forecasts from leading Wall Street experts, taking a look into Vice President Kamala Harris's proposed economic policies..
The show kicks off with a focus on the rebounding stock market amid recent economic data pointing to a cooling economy. The University of Michigan's consumer sentiment survey, which shows an increase for the first time in five months, is suggesting renewed consumer strength and economic optimism.
Yahoo Finance markets and data editor Jared Blikre breaks down the details of this market recovery and its implications.
The spotlight is then shone on two major trending tickers: Rivian (RIVN) has decided to halt production of electric vans for Amazon (AMZN), while Meta (META) faces lawmaker scrutiny over illegal drug sales on its platforms.
Rounding out the show, New York Times Op-Ed columnist and Nobel laureate Paul Krugman discusses Vice President Kamala Harris's proposed economic policies and how these policies aim to tackle inflation and their potential broader economic impact.
This post was written by Angel Smith