Bloomberg Markets and Finance
What Are Lumber Prices Saying About the Housing Market?
Lumber's expensive and so are homes. But the cost of this important commodity tumbled over the last week. So, what story is the lumber market telling about the housing market and the broader economy? Presented by @CME Group: https://www.cmegroup.com/openmarkets/quicktake-by-bloomberg.html?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_evergreen&utm_content=more_insights
We Like the Medium-Term Dollar Down Story: TD's McCormick
May.18 -- Mark McCormick, global head of foreign-exchange strategy at TD Securities, expects the U.S. dollar to drop in the medium-term. He says the Fed is allowing weakness in the greenback and wants to run the economy hot. He's on "Bloomberg Surveillance."
WeWork Says Demand Has Surpassed Pre-Pandemic Levels
May.18 -- WeWork, the office-rental company most closely associated with entrepreneurial excess, has seen demand bounce back in the aftermath of the Covid-19 pandemic. Executive Chairman Marcelo Claure speaks to Bloomberg's Ed Hammond at "The Bloomberg Businessweek" event.
Abby Joseph Cohen on Infrastructure, Equity Valuations
May.18 -- Abby Joseph Cohen, Goldman Sachs senior investment strategist, says the U.S. has really fallen behind when it comes to infrastructure investment and adds that she expects "modest" equity returns going forward. She speaks with Bloomberg's Alix Steel and Guy Johnson on "Bloomberg Markets."
Time to Treat Covid Like Other Respiratory Viruses: Johns Hopkins
May.18 -- Dr. Amesh Adalja, Johns Hopkins Center for Health Security senior scholar, discusses changing the approach to Covid-19 testing in the U.S., why schools should handle Covid like influenza, and risks posed by virus variants. The Johns Hopkins Bloomberg School of Public Health is supported by Michael R. Bloomberg, founder of Bloomberg LP and Bloomberg Philanthropies.
U.S. Retailers to Report Earnings as Inflation Fears Simmer
May.18 -- U.S. retailers report earnings this week, giving investors another glimpse into the health of the consumer economy. In-store sales are expected to bounce back following the reopening of cities, stimulus checks and pent up demand from the pandemic. But all the while, fears over inflation continue to simmer. Bloomberg's Ritika Gupta reports.