Episode Details
Back to Episodes
US Markets Wrap: Inflation Patience, Retail Caution, and Geopolitical Risk
Published 7 months, 1 week ago
Description
U.S. stocks pulled back, leaving the S&P 500 hovering near flat for the year as investors rotated out of financials and kept a close eye on simmering tensions between the United States and Iran. Steve Sosnick, Chief Strategist, Interactive Brokers examines mixed corporate signals from Walmart and Deere & Company, and what they reveal about the consumer and cyclical outlook. With the Personal Consumption Expenditures Price Index expected to edge higher, we ask whether inflation is stalling — and if markets are too optimistic on rate cuts.
Produced/Presented: Ryan Huang
See omnystudio.com/listener for privacy information.