Caterpillar ‘s Changes Trajectory, Nasdaq’s Sports Betting Technology, Oil Withstanding Mideast Drama

Bloomberg Intelligence Senior Industrials Analyst Karen Ubelhart talks about Caterpillar projecting 2019 earnings at the low end of its forecast amid rising costs, declining sales in Asia and a slowdown in oil and gas spending. Nasdaq CEO Adena Friedman breaks down quarterly earnings and providing market technology for the Football Index. Bloomberg Businessweek Editor Joel Weber and Bloomberg Businessweek Economics Editor Peter Coy explain why tensions in the Persian Gulf haven’t caused crude prices to spike dramatically. Hema Parmar, Bloomberg News Hedge Fund Reporter, discusses hedge funds mining data for consumer habits. And we Drive to the Close with Jeff Krumpelman, Chief Investment Strategist at Mariner Wealth Advisors.

Hosts: Carol Massar and Jason Kelly.  Producer: Paul Brennan 

See omnystudio.com/listener for privacy information.