Bloomberg Surveillance 8/20/2025
Bloomberg Televisionยท2025-08-20 16:15
IF THE INFLATION DATA CONTINUES TO BE HELD BACK BY LOWER ENERGY PRICES, IT ALL SOFTENS THE ECONOMIC BLOW. >> THERE SHOULD BE A PULLBACK AND DEMAND. WE HAVEN'T SEEN IT YET. >> THE CONSUMER SLOWS DOWN BUT THE RATE OF CHANGE IN INFLATION WILL JUMP. >> BROUGHT A LOT OF INVENTORY. GOING THROUGH THAT LEVEL OF INVENTORY HASN'T YIELD THE PASS-THROUGH TO CONSUMERS THAT SOME HAVE SEEN, BUT IT WILL COME. >> ULTIMATELY, I THINK WE WILL SEE MORE SOFTNESS IN THE SECOND HALF ON ACTIVITY. >> THIS IS BLOOMBERG SURVEILLAN ...