michelle meyer alongside collin martin, thank you both.me to the program, moments ago, we had jobless claims come in at 222 and the estimate was 220 in the previous week was revised 232 so a little bit lower on the week. equity futures are just about positive by 0.1% on the s&p 500. the opening bell is about 44 minutes away. yields are climbing higher a little bit in the bond market. the two year is just below 4.76. the 10 year yield is just about unchanged at 4.34. the euro-dollar, the dollar got slammed yesterday but taking that back a little this morning. $1.08 a negative on the currency pair by 0.2%. calling about cooling but not cold in the u.s. economy is finally slowing down and consumer spending on goods declining looking for the first rate cut to come in july. lisa: we are all sunning and the glory of a soft landing son and that seems to be were everyone is at. basically threading the needle perfectly as everyone dances on the head of a pin. jonathan: he called it a soft landing island. bra baited me with them hotel point. o she k

economist michelle meyer. back after this. ) the road to opportunity.road overlooked. (♪♪) at enterprise mobility, we guide companies to unique solutions, from our team of mobility experts. because we believe the more ways we all have to move forward. the further we'll all go. >>> welcome back to "the exchange." 2024 is promising to be another record setting season for travel. u.s. airlines are expecting to carry 271 million passengers to and from their holiday destinations. that's up more than 6% from last year's already record season, according to airline traders. and this as prices continue to climb. the cost of airfare is up 20% from prepandemic levels. hotels are up 15%. this data coming to us courtesy of mastercard's latest survey. joining us now is michelle meyer, chief economist at matter card institute. welcome, michelle. great to see you again. >> good to see you, kelly. >> this is one of the biggest questions on investor's minds that area of the economy, is it showing any signs of slowing down? >> it isn't. we are seeing increasing spending a

up tomorrow we will catch up with julian emanuel, the brilliant libby cantrill of pimco, and michelle meyering us, retail sales a little softer. cpi in line encore and equities doing all right. .5% on the s&p 500. in the bond market yields are lower. on the two-year down nine basis points. on the 10 year we are down nine basis points. the dollar is weaker against the euro. positive .4% on the currency pair. dollar-yen down to 1.55. -- down to 155. from new york city, good morning. this was "bloomberg surveillance." ♪ her uncle's unhappy. i'm sensing an underlying issue. it's t-mobile. it started when we tried to get him under a new plan. but they they unexpectedly unraveled their “price lock” guarantee. which has made him, a bit... unruly. you called yourself the “un-carrier”. you sing about “price lock” on those commercials. “the price lock, the price lock...” so, if you could change the price, change the name! it's not a lock, i know a lock. so how can we undo the damage? we could all unsubscribe and switch to xfinity. their connection is unreal. and we could all un-experience this whole

michelle meyer is chief economist for mastercard, also background in banking, bank of america, barclays capital. torsten slok is a a partner ad chief economist at apollo pic of you don't get his daily blogs you definitely should be signing up. they are fun, informative, short come sometime. >> it which makes them fun. you should definitely signed p for those. and lisa abramowicz is, run over from her show on bloomberg surveillance, every morning from 6 a.m. to 9 a.m. on bloomberg tv and bloomberg radio. she will be the moderator of the session. thank you so much for doing that. >> thank you so much for having me. welcome everyone. we desert all the result we should be worried about the deficit, climb above two and a 50% and how basically a massive problem. talk to a lot of people should come speaking with steve eisen his famous from "the big short" last week and is said the deficit is been a concern for 30 years, it is never matter. if you want to bet you will be wrong. here's the market perspective why it matters and why people care. i love the panel, i love these guests, torsten, you

michelle wie west, young miko and feid! [ cheers and applause ] and the roots right there from philadelphia, pennsylvania. thank you for watching. stay tuned for "late night with seth meyers goodnight, everybody! bye-bye. [ cheers and applause ] ♪ ♪ [ cheers and applause ] ♪ >> announcer: from 30 rockefeller plaza in new york, it's "late night with seth meyers." tonight -- jimmy kimmel, star of "bridgerton," actress, nicola coughlan, an all new "closer look." featuring the 8g band with jon theodore. ♪ [ cheers and applause ] and now, seth meyers. >> seth: good evening. i'm seth meyers. this is "late night." we hope you're doing well. and now if you don't mind, we're going to get to the news. at his rally in new jersey over the weekend, former president trump asked the crowd, quote, "has anybody ever seen 'the silence of the lambs'?" but just to prepare them for today's court appearance. [ light laughter ] he's had, like, ten chances to respect the gag order. [ light laughter ] that's right. at this rally, trump talked about "the silence of the lambs" character hannibal lecter and said he was a, quote, wonderful man. first of all, hannibal lecter isn't real. he's a charact

michelle wie west, young miko and feid! [ cheers and applause ] and the roots right there from philadelphia, pennsylvania. thank you for watching. stay tuned for "late night with seth meyers