Surveillance: Hawkish Cut From Fed, Luzzetti Expects
10.29.2019 - By Bloomberg Surveillance
Russ Koesterich, BlackRock Global Allocation Fund Portfolio Manager, says as long as the consumer continues to grow at its current pace, we can be "reasonably confident" we're not on the cusp of a recession. Peter Dixon, Commerzbank Global Equities Economist, says the European economy looks very sluggish compared to the United States. Matthew Luzzetti, Deutsche Bank Chief U.S. Economist, explains why Jerome Powell will orchestrate a hawkish cut tomorrow. Cheryl Miller, AutoNation CEO, says the majority of vehicles are purchased on credit and she feels good about the consumer. And Jennifer Bartashus, Bloomberg Intelligence Senior Analyst, says Beyond Meat is more like a technology company than a food one.