Today on Catalysts, hosts Brian Sozzi and Brad Smith delve into economic data, trending tickers, and politics.
Economic data takes center stage with a fresh read on consumer sentiment. The University of Michigan's index shows August consumer sentiment rose to 67.9, slightly below economists' expectations of 68.1.
The show then turns to trending tickers, including bitcoin (BTC-USD), whose price continues to hover below the $60,000 mark, and CrowdStrike (CRWD), whose shares are rising following an upgrade from HSBC.
Finally, the focus shifts to politics as the U.S. election approaches, sparking concerns about potential impacts on U.S.-China relations under a new administration. China Beige Book International Managing Director Shehzad Qazi joins to discuss the implications of a Trump or Harris presidency, while also discussing the current state of China's economy.
This post was written by Angel Smith