Hollywood Actors Guild Vote to Authorize Strike Amid Ongoing Writers Strike
Hollywood's actor's guild, the SAG-AFTRA union, could be heading to the picket lines if a new deal isn't struck with major production studios. In similar fashion to Hollywood writers, nearly 98 percent of the union's 160,000 members voted to strike over better pay and assurances that artificial intelligence wouldn't impact their livelihoods.
Eliott Wellenbach, vice president and institutional ETF strategist with Direxion, joined Cheddar News to discuss what traders are expecting from consumer spending ahead of the holidays and how they're positioning themselves following the latest inflation data and mortgage rates.