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Market Storylines: Core PPI Rises Above Expectations + President Trump to Meet with Putin

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Manage episode 500369915 series 2093636
Content provided by Lance Glinn and Intercontinental Exchange. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Lance Glinn and Intercontinental Exchange or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Michael Reinking, Senior Market Strategist for the NYSE, details the latest trends and developments in global markets. He discusses markets rebounding ahead of key inflation data and a 90-day U.S.-China tariff extension, with Nvidia and AMD agreeing to unprecedented export fees. He details how a mixed CPI report lifted equities before hotter PPI data—driven by services inflation—halted the rally. He notes that mega-cap tech strength is masking broader market weakness, while a September Fed rate cut still appears likely. He points to Powell’s upcoming Jackson Hole speech, retail earnings, and geopolitical events as the next key catalysts.

  continue reading

580 episodes

Artwork
iconShare
 
Manage episode 500369915 series 2093636
Content provided by Lance Glinn and Intercontinental Exchange. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Lance Glinn and Intercontinental Exchange or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Michael Reinking, Senior Market Strategist for the NYSE, details the latest trends and developments in global markets. He discusses markets rebounding ahead of key inflation data and a 90-day U.S.-China tariff extension, with Nvidia and AMD agreeing to unprecedented export fees. He details how a mixed CPI report lifted equities before hotter PPI data—driven by services inflation—halted the rally. He notes that mega-cap tech strength is masking broader market weakness, while a September Fed rate cut still appears likely. He points to Powell’s upcoming Jackson Hole speech, retail earnings, and geopolitical events as the next key catalysts.

  continue reading

580 episodes

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