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Inflation Data vs Corporate Earnings: Gauging PCE Data and Big Tech Earnings
Manage episode 497546815 series 3645668
Kevin Hincks kicks off Morning Trade Live with a look inside the latest inflation data. June's PCE print revealed a slight rise in year-over-year numbers, but fell mostly in-line. He believes investors are in a directional tug-of-war with big tech earnings from Microsoft (MSFT) and Meta Platforms versus the latest batch of economic data. Kevin recaps the FOMC decision to keep rates unchanged and updates on the latest U.S. trade deal reached with South Korea.
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7315 episodes
Manage episode 497546815 series 3645668
Kevin Hincks kicks off Morning Trade Live with a look inside the latest inflation data. June's PCE print revealed a slight rise in year-over-year numbers, but fell mostly in-line. He believes investors are in a directional tug-of-war with big tech earnings from Microsoft (MSFT) and Meta Platforms versus the latest batch of economic data. Kevin recaps the FOMC decision to keep rates unchanged and updates on the latest U.S. trade deal reached with South Korea.
======== Schwab Network ========
Empowering every investor and trader, every market day.
Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe
Download the iOS app - https://apps.apple.com/us/app/schwab-...
Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-...
Watch on Sling - https://watch.sling.com/1/asset/19192...
Watch on Vizio - https://www.vizio.com/en/watchfreeplu...
Watch on DistroTV - https://www.distro.tv/live/schwab-net...
Follow us on X – / schwabnetwork
Follow us on Facebook – / schwabnetwork
Follow us on LinkedIn - / schwab-network
About Schwab Network - https://schwabnetwork.com/about
7315 episodes
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