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Transcripts For CNBC Squawk 20240704

Now street high. John correctly predicted the rally last year. Joining us at post nine. Great to have you with us. Great to be here, melissa. What was that moment when you said, i have to go to street high of 4900 it occurred a few weeks ago we held back, waited for Economic Data to cross the transom, whether it was last months jobs or the prior months jobs whether it was the continuing claims or whether it was initial claims, what have you. And then the gdp number, i think, really added to confirmation we saw last week that there is strength in this economy, that the fed has been remarkably sensitive even though on a nominal basis the hiking has been aggressive when you consider the inflation, dangers to free money of the system where bond issuers dont pay for the privilege of borrowing money. This is a normalization process. A big shock generationally to many people who were not in the markets in 2008 and may have been this high ....

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Clear shift in skincare market as Gen Z moves away from fairness products

Fairness creams declined 3% in 2023, signaling a shift towards brightening, glow, radiance, and anti-dullness products. Hindustan Unilever Ltd (HUL) renamed its fairness cream Glow & Lovely to distance from racial injustice protests. L Oreal and Johnson & Johnson also dropped white and fair from their skincare range. The overall skincare industry in India grew 9.2% in 2023. ....

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