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Traders Shrug Off Hot Inflation

Episode 307 Published 7 months ago
Description

MRKT Matrix - Thursday, August 14th

  • Stocks trade marginally lower after hotter-than-expected inflation data (CNBC)
  • US Producer Prices Rise by Most in Three Years on Services (Bloomberg)
  • Bessent Says He’s Not Pushing Fed Cuts, Just Touting Models (Bloomberg)
  • Economist Sumerlin confirms he’s in the running for Fed chair, backs big interest rate cut (CNBC)
  • Americans’ 401(k)s Are More Tied to Stocks Than Ever (WSJ)
  • Behind Wall Street’s Abrupt Flip on Crypto (NYTimes)
  • DeepSeek’s next AI model delayed by attempt to use Chinese chips (Financial Times)

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MRKT Matrix by RiskReversal Media is a daily AI powered podcast bringing you the top stories moving financial markets


Story curation by RiskReversal, scripts by Perplexity Pro, voice by ElevenLabs

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