Closing Bell Overtime: The Fed cut debate, Shake Shack CEO on the consumer, Intuit CEO on small business 9/17/24
The S&P 500 touched an intraday record the day before the Fed decision, where Wall Street is split on whether to expect a 25 or 50-basis-point cut. RBC\u2019s Lori Calvasina, Vital Knowledge\u2019s Adam Crisafulli, and Neuberger Berman\u2019s Joe Amato all weigh in on their expectations and how the Fed could change the narrative. Shake Shack\u2019s CEO Rob Lynch joins for his first interview since taking the helm at the company in May, with his read on consumer spending and Shake Shack\u2019s place in the value menu wars. Plus Intuit\u2019s CEO on the company\u2019s new enterprise tools, Coursera\u2019s CEO on the parts of the world benefitting from AI, and an update on Elliott\u2019s activist battle with Southwest.