Consumer sentiment falls, Biden's NATO missteps, Tesla delay: Catalysts

In today's episode of Catalysts, hosts Seana Smith and Madison Mills discuss the latest consumer sentiment data, top market movers, and commentary surrounding President Biden's leadership in this election.

The show kicks off with a focus on fresh economic data, highlighting a concerning trend in preliminary consumer sentiment. July figures reveal that consumer sentiment has dropped to its lowest level in eight months.

Attention then turns to the political sphere, where President Biden's recent speech at the NATO summit has raised questions about his ability to effectively run his presidential campaign. Yahoo Finance senior columnist Rick Newman joins the conversation to analyze election strategies and their potential impact on voter sentiment. The show is later joined by former US Ambassador to NATO Ivo Daalder to speak about Biden's positive relationship with NATO and the alliance's member countries.

The episode concludes with a look at trending tickers. Tesla (TSLA) takes center stage as the company announces a delay in its highly anticipated robotaxi rollout, while Carvana (CVNA) stock pops on bullish sentiment from BTIG analysts.

This post was written by Angel Smith