Inflation Trends - Grocery prices are not decreasing [1] - According to August data, coffee inflation increased by more than 20% [2] - Ground beef inflation increased by more than 12% [2] - Banana inflation increased by more than 6% [2] Government Stance - The president claims grocery prices are down and inflation has been defeated [1] - The president states they are working on beef prices [2] Contributing Factors - The president's tariffs are contributing to the increased prices of imported foods like bananas and coffee [4]

Economic Sentiment - Americans' views on the economy have turned negative in the third quarter, influenced by inflation, job concerns, and the government shutdown [1][2] - A significant 75% of respondents believe prices are rising, with 50% indicating that prices are increasing faster than usual [2] - There is a low expectation for wage increases among the population, contributing to a negative outlook on job security [3] Political Impact - The survey indicates a partisan divide in economic sentiment, with Democrats showing a -90% approval rating for the president's economic handling, while Republicans are at +90% [6] - Independents are also negative, with a -30 to -20 rating on the president's economic management [6][8] - The public largely blames Republicans and the president for economic damage due to the shutdown, with 53% attributing blame to them compared to 37% for Democrats [8] Investment Preferences - Despite negative economic sentiment, the stock market continues to rise, but gold has emerged as the top investment choice among respondents [4][5] - Concerns about tariffs affecting small businesses and manufacturing are noted, indicating potential disruptions that may not be immediately visible in economic data [10][11] Economic Disparities - The economy is perceived as bifurcated, with wealth concentrated at the top while middle and lower-income groups face challenges [9][10] - There is growing uncertainty in the business environment, particularly among small businesses, which may struggle to adapt to changing economic conditions [11]

All right. Meanwhile, Americans view on the economy turned negative. More negative in the third quarter according to CNBC's All America Economic Survey. For more, let's bring in CNBC's Steve Leeman.Steve. >> Melissa. Yeah, we definitely had a turn down.It looks like there's a couple issues here. One is inflation. Another is jobs.And I think the shutdown also looks to be bothering uh average Americans. And it's kind of a reality check. Obviously, you cover the stock market every day.It's been going up. peopl ...

Core Insights - The consumer price index (CPI) report for September indicates a notable increase in inflation, particularly in personal care products and small communication devices, attributed to the removal of the dimminimus exemption in August [2][3][4] Inflation Trends - The CPI report shows a price increase of approximately 6.10% in September, up from 5.10% in August, marking the strongest price increase since the end of the previous year [2][4] - The removal of the dimminimus exemption, which previously allowed goods valued under $800 to enter the U.S. duty-free, has led to increased costs for small, inexpensive goods [3][4] Retail Strategies - Early October data indicates significant discounting by major retailers like Amazon and Walmart, particularly in the personal care sector, as they compete for consumer attention ahead of the holiday season [6][7] - The heavy discounting observed in early October may influence pricing strategies throughout the rest of the month and into the holiday season, as retailers aim to attract price-sensitive consumers [7][8] Consumer Behavior - There is a noticeable price sensitivity among middle and lower-income consumers, who have been under pressure from rising prices, while higher-income consumers continue to spend more freely [9][11] - Retailers are expected to remain competitive in pricing affordable luxury items, as evidenced by the focus on smaller, everyday products rather than big-ticket items during promotional events [10][11]

Welcome back. The Bureau of Labor Statistics has delayed the consumer price index report for September until next Friday. But there are other ways to see if inflation is popping up in the economy.Open Brand uses retail market intelligence from consumer surveys to web data to track prices across different product categories. So what are they seeing. Joining me now is Ralph Mclofflin, chief economist at Open Brand.Ralph, so give it to us straight. Uh do you see goods inflation out there. >> Hey John.Yeah. Uh ...

Core Insights - Florida Governor Ron DeSantis links the recent surge in precious metals to a crisis of confidence in the U.S. monetary system, indicating a shift in investor sentiment towards hard assets [1][2] - The year-to-date rally in gold (61.19%) and silver (79.36%) is viewed as an "indictment of the Fed," reflecting growing concerns over inflation and the depreciation of the U.S. Dollar [2] - Prominent figures in finance, including billionaire hedge fund manager Kenneth Griffin, express concerns about asset inflation away from the dollar, as investors seek to de-risk their portfolios [3] Precious Metals Performance - Gold is currently trading at $4,208.20 per ounce, experiencing a slight daily decline of 0.02%, but has increased by 14.4% over the past month [4] - Silver is trading at $52.61 per ounce, down 0.80% on Thursday, with a notable increase of 23.58% over the past month [4] Market Sentiment - Economist Peter Schiff predicts that gold's rally will continue, suggesting potential prices could exceed $5,000, $10,000, or even $20,000 per ounce due to ongoing depreciation of the dollar [3]

>> SCARLET: BLOOMBERG REAL YIELD STARTS RIGHT NOW. SCARLET: COMING UP, A FED FALLING IN LOCKSTEP TO SUPPORT THE LABOR MARKET DESPITE THE ABSENCE OF OFFICIAL DATA. A QUICK WARNING ABOUT COCKROACHES PUTS THE CREDIT MARKET UNDER A MICROSCOPE.TRIGGERING A FLIGHT TO SAFETY AND SENDING TREASURY YIELDS LOWER. WE BEGIN WITH THE BIG ISSUE, THE FED'S NEXT MOVE. >> TO A CERTAIN EXTENT WE ARE FLYING BLIND RIGHT NOW.>> MACRO DYNAMICS ARE STILL A LITTLE UNCLEAR. >> WE HAVE A SLOWING IN TERMS OF THE ECONOMY. >> WE HAVE A ...

Market Performance - The U.S. stock market rebounded on October 17, 2025, with major indexes closing higher after a volatile week, indicating renewed investor confidence [1][2] - The S&P 500 Index rose by 0.5% to 6,664.01, the Dow Jones Industrial Average increased by 0.5% to 46,190.61, and the Nasdaq Composite Index climbed 0.5% to 22,679.98 [2] - The Nasdaq led the weekly performance with a 2.1% gain, followed by the S&P 500's 1.7% increase and the Dow's 1.6% rise [2] Economic Factors - Concerns over regional banks subsided, contributing to the market's recovery, with several regional bank stocks recovering losses [3] - President Trump's comments on tariffs being "not sustainable" alleviated trade-related anxieties, positively impacting market sentiment [3] - The CBOE Volatility Index (VIX) stabilized after a significant jump, indicating reduced market fear [3] Upcoming Economic Data - The September Consumer Price Index (CPI) report is anticipated to show a year-over-year inflation increase to 3.1%, the highest since May 2024, which will be crucial for investors and the Federal Reserve [4] - Additional economic data releases include S&P Global flash Purchasing Managers' Index (PMI) and existing home sales figures, amidst ongoing uncertainty from a federal government shutdown [5] Global Economic Indicators - Investors are closely monitoring China's third-quarter GDP figures and other economic data, with the Communist Party's Fourth Plenum expected to provide potential policy signals [6] - Flash PMI data will be released across various countries, offering insights into global economic health [6] Company-Specific Developments - American Express (AXP) shares surged 7.3% to an all-time high following a strong third-quarter earnings report with $18.43 billion in revenue, an 11% year-over-year increase [8] - Kenvue (KVUE) shares bounced back 8.4% after previous losses due to a lawsuit, while Gilead Sciences (GILD) shares rose 4% after a price target upgrade [9] - Several companies received significant stock movements after being among the first to receive FDA review vouchers, including Achieve Life Sciences (ACHV), Disc Medicine (IRON), and Revolution Medicines (RVMD) [10] Market Sentiment and Future Outlook - The positive trading session on October 17 provided a constructive close to a week marked by volatility, suggesting underlying market strength [14] - Upcoming earnings reports from major companies, including Tesla (TSLA) and Procter & Gamble (PG), are highly anticipated and may influence market direction [12]

Core Insights - Gold miners have experienced significant gains, raising concerns among investors about whether these increases are sustainable [1][2] - The NYSE Arca Gold Miners Index saw a notable decline of 6%, marking the largest drop since May, while major mining companies like Newmont, Agnico Eagle, and Barrick Mining also faced substantial losses [2] - The valuation of gold mining companies has surged to nearly $1 trillion, tripling the average over the past five years, indicating potential overvaluation [5] Market Performance - The NYSE Arca Gold Miners Index decreased by 6% at 4:10 p.m. in New York, with gold bullion falling more than 2% [2] - Newmont's shares dropped by 7.6%, Agnico Eagle Mines fell by 6%, and Barrick Mining Corp. retreated by 6.5% [2] - Despite these recent declines, these companies had previously enjoyed gains exceeding 100% this year, while gold itself gained just over 60% [2] Investor Sentiment - Investors holding long positions in SPDR Gold Trust ETF are contemplating whether to take profits or continue holding [3] - Current market conditions suggest that the rapid price increases for mining stocks may be coming to an end, as indicated by portfolio manager Candice Bangsund [5][6] - Bangsund expressed uncertainty about further price increases, predicting that share prices may remain relatively stable over the next 12 to 18 months [6] Economic Factors - The rally in gold prices has been attributed to its role as a safe haven amid concerns about inflation, a declining dollar, and political instability [4] - Recent stabilization of the dollar and easing trade tensions between China and the US may impact gold's appeal as a safe investment [4]

Market Volatility and Earnings - The market has experienced increased volatility, particularly following a significant selloff after reaching all-time highs [3][5] - Earnings season is currently underway, with major banks reporting lackluster results, which has negatively impacted market sentiment [5][8] - Upcoming earnings reports from major companies like Tesla, Apple, Amazon, and Netflix will significantly influence market movements [8][18] Economic Factors - The Federal Reserve's decisions are crucial, especially in light of the government shutdown affecting data availability [9][10] - Inflation remains a concern, with the Fed aiming for a 2% target, though it may stabilize around 3% [10][11] - Ongoing trade issues with China and tariffs continue to create uncertainty in the market [11][15] Company-Specific Insights - Amazon has been underperforming compared to its peers, with potential for further declines [16][17] - Apple’s upcoming earnings will be closely watched, particularly regarding iPhone sales and tariff impacts [18] - The interconnectedness of global markets means that developments in trade and tariffs will affect major companies significantly [19] Investment Sentiment - Current market conditions suggest caution for new investors, as prices may still decline further [20] - The recent market fluctuations highlight the unpredictability driven by external factors, including political commentary [21]