Bloomberg Surveillance TV: November 26, 2024
Update: 2024-11-26
Description
- Nela Richardson, ADP Chief Economist & ESG Officer
- Stuart Kaiser, Citi Head of Equity Trading Strategy
- Dan Ives, Wedbush Securities Global Head of Technology Research, Managing Director, Senior Equity Analyst
Nela Richardson of ADP says "we're on a knife's edge" when it comes to wage growth versus inflation. Stuart Kaiser of Citi says economic "growth is solid, but not exemplary" and warns investors they have to "trade it that way." Dan Ives of Wedbush believes more Tesla jobs could move from California to Texas if a proposal by Governor Gavin Newsom that would exclude Elon Musk's company from EV rebates becomes reality.
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