Surveillance: Malaise Threatens Economy Until Fed Goes Full Hawk
In the meantime, there’s room to run for Big Tech’s surprise rally
The Federal Reserve keeps signaling higher rates are ahead, and investors keep showing their skepticism.
Photographer: Nathan Howard/BloombergWelcome to the Bloomberg Surveillance newsletter, a daily look at the best interviews and insights from Bloomberg Television and Radio’s flagship morning show co-hosted by Tom Keene, Jonathan Ferro and me. Sign up here if you’re not yet a newsletter subscriber.
This is an economy that just won't die. The reasons behind the resilience are complicated, and it's clear that US strength is lumpy, with certain types of businesses crushing it and others filing for bankruptcy.