CPI Watch: What Upcoming Inflation Data Means for Your Money | Next Week on the Trading Floor
This week, Marc LoPresti and Andrew Brill dive into the critical CPI (Consumer Pricing Index) report that could redefine your financial landscape. With inflation continuing to erode the purchasing power of American consumers, understanding the nuances of this upcoming data release has never been more essential. Marc and Andrew dissect the latest inflation trends and predict how the Federal Reserve might respond, with actionable insights to safeguard and strategically position your investments. - The American consumer is starting to feel financial strain due to high inflation eroding savings. Upcoming economic data releases like the CPI report will be essential to watch for signals on inflation and Fed policy - Apple's plans in the electric vehicle market are uncertain, and the analyst expressed skepticism about their partnership with Rivian. - Google may be looking to acquire HubSpot to expand its business-to-business customer base - AppLovin had a strong earnings report and its stock is expected to continue performing well - Airbnb's guidance was weaker which may reflect challenges for consumer spending on travel this summer Learn more about your ad choices. Visit megaphone.fm/adchoices