Squawk on the Street
SOTS 2nd Hour: PCE Breakdown, Retail's "Big 5", and an Exclusive w/the CEO of American Express 11/27/24
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Show notes
Carl Quintanilla, David Faber, and Sara Eisen discussed the latest for stocks ahead of retail's biggest 5 day stretch of the year: Thanksgiving to Cyber Monday. The Fed's preferred inflation gauge - PCE - came in as expected, with the team breaking down what it means for rates ahead. Also in focus: the state of small business with the Chairman & CEO of American Express.
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