Economy Loses Steam, Adobe CEO Exits After 18 Years

Video Description

Get a jump start on the US trading day with Matt Miller and Dani Burger on "Bloomberg Open Interest." Iran’s Supreme Leader reportedly wounded, as President Trump issues a stark new warning to Tehran. Bank of America’s Michael Hartnett says markets are flashing 2008-style signals, with oil near triple digits and private credit risks rising. And a wave of fresh data shows the US  economy losing steam, with consumers pulling back and inflation pressures building. And Adobe's CEO is stepping down in the face of investor concerns over AI. Plus — Burlington’s CEO on why off-price retail is poised to win now, Goodwill’s CEO on closing America’s labor and AI skills gap, and inside a $5 million Ferrari trade as rare supercars become a red-hot asset class. Chapters: 00:00:01 - Bloomberg: Open Interest begins 00:01:04 - Morning Movers 00:02:20 - Hegseth: Iran's New Supreme Leader is Wounded 00:07:46 - Adobe's Narayen to Step Down as CEO After 18 Years 00:12:03 - US Spending Stalls as GDP Cut in Half 00:19:18 - Aoifinn Devitt, Moneta Global Wealth Managing Director 00:32:51 - Top Calls: Alcoa, Ollie's Bargain Outlet, Adobe 00:33:50 - Meta AI Rollout Faces Delays: NYT 00:39:34 - Private Credit Concerns Weigh on Market Sentiment 00:44:04 - BREAKING: UMich Prelim March Consumer Sentiment Falls to 55.5; Est. 54.8 00:47:03 - Joanne Hsu, Univ. of Michigan Surveys of Consumers Director 00:54:26 - France Talks With Iran to Secure Strait of Hormuz: FT 00:59:09 - Amy Wu Silverman, RBC Capital Markets Head of Derivatives Strategy 01:05:27 - Michael O'Sullivan, Burlington Stores CEO 01:16:35 - Steve Preston, Goodwill Industries President & CEO 01:22:45 - Eden Cooper, Drift Capital Founder & Managing Partner -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts