
MRKT Call Wall Street on Edge Ahead of Key Inflation Data
Aug 12, 2024
08:31
MRKT Matrix - Monday, August 12th
- Stocks wobble as traders struggle to build on last week’s comeback (CNBC)
- Bear market is coming in 2025, warns David Roche, but the Fed will step in before it turns ‘draconian’ (CNBC)
- Fed’s Bowman Sees Upside Inflation Risk, Signals Caution on Cuts (Bloomberg)
- Three-year inflation outlook hits record low in New York Fed consumer survey (CNBC)
- 5 Big Takeaways From This Earnings Season (WSJ)
- Market Is Punishing Negative EPS Surprises More Than Average for Q2 (FactSet)
- Apartments, hockey rinks and Amazon warehouses: Macy’s closures will set off a wave of change at shopping malls (CNBC)
- Harris Leads Trump in Three Key States, Times/Siena Polls Find (NY Times)
- U.S. crude oil rallies more than 3%, tops $79 as Pentagon sends more forces to Middle East (CNBC)
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