Closing Bell: Stocks Soar, Fintechs Flying High & Let's Make A Deal 8/3/22
Stocks snapping a two-day losing streak following stronger than expected economic data and earnings. But Canaccord's Tony Dwyer explains why he thinks the summer rally is about to cool off. Carlyle Group Co-Founder David Rubenstein says he doesn't see a recession in the near term and discusses the outlook for dealmaking in this environment. Mizuho's Dan Dolev weighs in on the big rally in Fintechs today and whether investors should be buying these stocks after big year-to-date declines. And KKR's Paula Campbell Roberts says she now expects a slowdown in spending by high-income spending, but she unveils which retail stocks she thinks will be able to buck that trend.
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