Bloomberg Surveillance TV: May 31, 2024
-Lara Rhame, FS Investments Chief Economist
-Subadra Rajappa, Société Générale Head of US Rates Strategy
-Sam Stovall, CFRA Chief Investment Strategist
-Ed Bastian, Delta Air Lines CEO
Lara Rhame of FS Investments and Subadra Rajappa of Société Générale react to April's core PCE deflator that met expectations and discuss how it impacts the treasury market and the Fed's June meeting. Sam Stovall of CFRA says the stock market has historically entered a 'summertime snooze' after Memorial Day, but this year could be different. Delta Air Lines CEO Ed Bastian joins Bloomberg's Guy Johnson in Dubai and talks travel demand, consumer spending and challenges facing the airline industry.
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