Bloomberg Surveillance: Telsey Recaps Holiday Shopping

Dana Telsey, Telsey Advisory Group CEO, recaps a busy holiday shopping season and says there's been a moderation in consumer spending across all income levels. Dan Ives, Wedbush Sr. Equity Research Analyst, predicts Apple will hit a whopping $4 trillion market capitalization next year. Matt Miskin, John Hancock Investment Management Co-Chief Investment Strategist, predicts the Fed will have less influence over markets in 2024. Tom Tzitzouris, Strategas Head of Fixed Income Research, says rate cuts are easier to justify for central banks outside the US than for the Fed. Norman Roule, Center for Strategic & International Studies Senior Adviser, overviews escalating tensions in the Middle East as the Israel-Hamas war threatens to spill over. Get the Bloomberg Surveillance newsletter, delivered every weekday. Sign up now: https://www.bloomberg.com/account/newsletters/surveillance See omnystudio.com/listener for privacy information.