Closing Bell Overtime: Zillow Co-Founder On Housing Gridlock; UAW Strike Looms; Instacart S-1 8/28/23

Closing Bell Overtime: Zillow Co-Founder On Housing Gridlock; UAW Strike Looms; Instacart S-1 8/28/23

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  • Episode
    • 767
  • Published
    • 28. aug. 2023
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Episode
767 of 2000
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44M
Sprog
Engelsk
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Kategori
Økonomi & Business

Major averages closed higher. It’s the S&P 500’s first consecutive positive sessions of the month. Morgan Stanley’s Lisa Shalett and Wells Fargo’s Scott Wren break down the action. Zillow co-founder Spencer Rascoff talks the housing market gridlock as mortgage rates climb to 20-year highs. He also discusses his new property tech startup Pacaso, fractional ownership for second homes. Art Wheaton, director of Labor Studies at Cornell’s ILR, on the possible upcoming UAW strike—who has the leverage and what it would mean for the economy. Blueshirt Group’s Gary Dvorchak on Secretary Raimondo’s high-stakes trip to China. Plus, Bernstein analyst Nikhil Devnani breaks down the highlights from Instacart’s S-1.

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