How's the US economy doing. Actually, how's the US consumer holding up. >> The US consumer is doing fine.It was good and around the the Black Friday in the US and the cy Cyber Monday and all the things they talk about the spending was solid and good and it's consistent with a growing economy. Our team has economy growing next year at 2.4%. So Candace and her team who are the best in the business, you know, that that's their thing.But everything we see in the consumer side sets that up. >> Is there a worry a ...

Electricity costs three times as much in New England as it does in North Dakota. Uh that is not that is not because of data centers. That's because of policies.A lot of the higher prices that you're seeing are not related to the AI data centers. A lot of the A data centers are going to be off the grid behind the meter and then producing adding more energy and then and then putting some of that energy onto the grid. So we could be actually increasing the supply.In some of those areas where we've got increase ...

Russian President Vladimir Putin was in India for the first time this week since the start of the war in Ukraine. For both Putin and Indian Prime Minister Narendra Modi, this visit shores up what's a longstanding partnership between these two countries in the face of intense pressure from US President Donald Trump. Both leaders sought to showcase a deepening economic partnership between their respective countries.Each side is pledging to bolster trade with India looking to Russia to buy more goods to offset ...

As China looks externally, what do they see as their opportunity market. >> Well, I think mostly the developed world. Obviously, their EVs are huge in Europe.The Europeans are trying to clamp down on it. But if you look at new car registrations in Europe, BYD is registering as many cars there as everybody else all put together because of the price. And it raises an interesting question for us, which is that, you know, I believe in the auto industry here, as you know, but we're effectively denying our consum ...

SCARLET: FROM NEW YORK CITY FOR OUR VIEWERS WORLD WIDE, I’M SCARLET FU, BLOOMBERG “REAL YIELD" STARTS RIGHT NOW. U.S. CONSUMER SENT. RISING FOR THE FIRST TIME IN FIVE MONTHS AS TRADERS PREPARE FOR THE FEDERAL RESERVE WITH A CLOUD OVER CENTRAL BANK INDEPENDENCE.ED A -- BINGE THREATS TO SWAMP CREDIT MARKETS ON BOTH SIDES OF THE ATLANTIC. WE BEGIN WITH THE FUTURE OF THE FED. >> THE QUESTION IS WHAT THE MARKET EXPECTS THE FED TO DO VERSUS WHAT IT PLANS TO DO.WE GET AN IDEA OF UNDERLYING MOMENTUM. >> I THINK THI ...

YOU CAN GET MICHAEL'S WORK ON THE BLOOMBERG TERMINAL. LET'S TALK ABOUT THE CONFIDENCE NUMBERS. JOANNA HSU JOINS US FROM THE UNIVERSITY OF MICHIGAN WHERE SHE IS THE DIRECTOR OF SURVEYS OF CONSUMERS.THIS ONE LOOKS PARTICULARLY GOOD, JOANNA. INFLATION EXPECTATIONS ARE LOWER THAN THE SURVEY AND LOWER THAN THE PREVIOUS READINGS. JOANNA: WE ARE SEEING SOME IMPROVEMENT FROM NOVEMBER.I THINK THE INFLATION EXPECTATIONS NUMBERS ARE DEFINITELY MOVING IN A FAVORABLE DIRECTION BOTH IN THE SHORT RUN AND LONG-RUN. THAT IS ...

The president the other day said maybe he would support a 50-year mortgage. Is that going to be the policy of the administration or where does that stand. >> I do know that we've been having meetings with uh principles in the White House to talk about what we can do about housing.And there's whole list of possible things that haven't been fully vetted and and um haven't been decided on yet. And but a 50-year mortgage, you could you could argue uh in favor of it that it could uh wouldn't necessarily but coul ...

So, yes, this is a very large credit facility or bridge bridge facility for this deal, $59 billion. It's large, but Netflix is a very strong credit. Right.Netflix is a company you would want to lend money to. So Netflix has single-A credit ratings and very, very low leverage ratio. It's growing EBITDA, significant free cash flow.So Netflix is a very strong company, a very good borrower. So it's not surprising that banks would line up to lend them money. Steve, Eventually this bridge facility is going to be ...

But I want to get to the broader markets. And we have a Fed meeting next week and there's a lot going on in rates as well. So let's bring in Rick Rieder.We have a ton of economic data coming out at the top of the hour, Rick. And normally we would have also jobs day to day. That's going to be pushed forward a couple of weeks or back, a couple of weeks, I should say.And this leads me to my my main question. Why would the Fed meet next week if they're not going to get the big jobs number out until after their ...

Well, I would just start and say that um I'm very surprised uh that Netflix won this. We'd been operating under the assumption that there are three subscale apps uh in the market uh Paramount, Max, and Peacock. Uh and so we always put a higher probability that those would be the ultimate winner of this Warner Brothers asset because it would allow them to take on Netflix.Here we're confronted with a situation uh where where the biggest app, the most successful app is actually, you know, trying to get bigger. ...