Alli McCartney, UBS Alignment Partners private wealth advisor and managing director of wealth management and Bloomberg rates reporter Michael Mackenzie, discuss the bond market landscape as yields push higher on fears around accelerating inflation. Then, Brett Mufson, president of Fontainebleau Development breaks down the consumer landscape on Las Vegas tourism and the state of the consumer. Plus, Nathalie Morrison, founder of lab grown diamond company Astrea London on the rise of lab grown gemstones and its impact on the diamond market.
Chapters:
00:00:00 – Bloomberg Businessweek Daily
00:04:27 – Stocks Extend Declines as Yields Climb; Software Shares Gain
00:06:16 – US 30-Year Yield Hits Highest Since 2007 on Inflation Angst
00:08:22 – Oil Declines After Trump Says He Calls off Strike on Iran
00:13:44 – Kevin Warsh Gets a Yippy Welcome from the Bond Market
00:16:33 – Stocks Extend Declines as Yields Climb; Software Shares Gain
00:21:11 – Las Vegas Tourism Landscape
00:21:37 – Hospitality and Real Estate Landscape in Las Vegas
00:24:06 – High End Consumers Still Spending in Vegas
00:34:32 – Consumers Look for Bling for Buck in Lab Grown Gemstones
00:39:04 – Consumers Turn to Lab Grown Diamond for Sustainability, Ethics
——–
More on Bloomberg Television and Markets
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