Stocks Jump on Consumer Confidence, Trade Talks

股市因消费者信心上升及贸易谈判进展而飙升

Bloomberg Intelligence

2025-05-28

20 分钟
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Watch Alix and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg Intelligence hosted by Paul Sweeney and Alix Steel Today’s Podcast Features are: Stephanie Guichard, Senior Economist at the Conference Board, discusses consumer confidence data. US consumer confidence rebounded sharply in May, with the Conference Board's gauge increasing by 12.3 points to 98, marking the biggest monthly gain in four years.Ros Mathieson, Bloomberg News Director for Europe, the Middle East and Africa, discusses the European Union and the US signaling a willingness to work towards a trade deal over the next six weeks. This follows a phone call between President Donald Trump and European Commission President Ursula von der Leyen.Janet Lorin, Bloomberg Higher Education Finance Reporter, discusses the latest news at Harvard University. The Trump administration is moving to cancel all remaining federal contracts with Harvard University, worth an estimated $100 million, as part of its battle against the university.Patrick Wilson, Portfolio Manager at CenterSquare Investment Management, joins to discuss how the outlook for potentially higher inflation due to tariffs can shape investing in listed REITs today. See omnystudio.com/listener for privacy information.
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  • All right,

  • let's get to that consumer confidence number jumping the most in four years on Outlook for a Better Economy as well as Trade Truths.

  • Joining us now to break down those numbers even more is Stephanie Gouchard,

  • a senior economist at the conference board.

  • Is this truly all relief on trade at this point?

  • It's largely we split our sample.

  • around may 12 to see whether there was a stronger improvement in the second half of the month and there was so it's really after the trade deal with china that we saw a strongest improvement in our indicators especially the expectation component so in your index here um what's the makeup of of kind of consumer confidence is it how much is kind of jobs do i have a job or is it more about Inflation,

  • what am I going to have to pay for stuff?

  • Just general economic uncertainty.