For more on what today's data is telling us about the US economy, let's bring Daniel Hornung, former deputy director of the NEC and a current research fellow at MIT. Daniel, it's great to have you on. And let's start right there.What was your read through for CPI and specifically for core CPI which did on an annualized basis come in a little hotter than expected and actually at the highest since February. Um but all not necessarily spiking or or not necessarily spiking uh to the extent that I think some peo ...

In the long run, tariffs, as long as it's just a one-off circumstance, are deflationary, not inflationary. So, you're just saying because of simple math. In other words, because tariffs push up prices, and then if you look a year out, you will not see those price increases persist.That's correct. I guess the concern is that they'll make their way through the system, be more persistent, and unanchor inflation expectations, right. And that that could have a persistent inflationary effect.I will not take excep ...

As the latest inflation print lifts expectations an interest rate cut could be coming soon, speculative meme and small-cap stocks should stay in favor. https://t.co/7S93ufud0m ...

I think uh uh the the committee put their uh rate cut program on pause when the tariff situation arose uh six months ago and now you have six months of evidence. Uh I don't really think tariffs cause inflation. Taxes don't cause inflation.And so what you're seeing in the data is very muted effects uh that are one-time increases in the price level. And so you're not really seeing anything. And the committee's coming around to the view, I think, that this is probably a one-time increase in the price level and ...

Joining us now, former chief economist of the US Department of Labor, Betsy Stevenson, Financial Times columnist and head of King's College, Cambridge, Jillian Tet, and Phil Bump, who is still with us. Betsy, when EJ Antony says our own person or or you know repeats Steve Bannon wanting our own person in charge of BLS, in charge of the jobs numbers, in charge of this economic data, what does that suggest to you. a bad idea. It suggests a very bad idea.Look, we're not supposed to have our own person. We're s ...

Inflation Trends - Consumer Price Index (CPI) rose 27% year-over-year in July, aligning with economists' expectations [1] - Core prices, excluding volatile food and energy, increased to 31%, slightly exceeding overall inflation [1] - Inflation had been gradually decreasing over the past couple of years but has recently plateaued [1][2] Tariff Impact - Tariffs are starting to impact consumer prices, but not drastically [1] - Prices of imported goods subject to tariffs, which were previously declining, are now increasing [2] - Businesses are actively trying to shift the cost of tariffs onto others [4] - The extent to which consumers will bear the burden of tariffs remains a key question for inflation [4] Federal Reserve (The Fed) - The inflation report was not ideal but not disastrous for the Fed [2] - The Fed is considering a potential interest rate cut in September [2] - This consideration is not solely based on inflation but also on concerns about a slowdown in the labor market [3]

Why does the #stockmarket keep making record highs when there is so much concern over #tariffs, #inflation, #stockbubbles and rising #unemployment ? Investopedia Editor-in-Chief, @calebsilver breaks down the 3 key reasons #investors keep buying. https://t.co/qQf919pKif ...

involving a low cost carrier. But it takes us to our talk of the tape right now. The record run resumed with new questions about how far this rally can really go.Let's ask Rick Rieder. He is Blackrock CIO of global fixed income, its head of its global allocation team as well. And as I said, he is with me here at post nine.It's good to have you back. >> Thanks for having me. >> I tell you, you send me an email earlier I had to do a double take.You said this is the best investment environment ever. >> I think ...

U.S. stocks traded higher toward the end of trading, with the S&P 500 gaining around 1% on Tuesday.The Dow traded up 1.04% to 44,431.01 while the NASDAQ rose 1.26% to 21,654.94. The S&P 500 also rose, gaining, 1.03% to 6,439.10.Check This Out: Cramer Expects This FinTech To Reach $100, Upset With Eli Lilly: ‘Come Back And Talk To Me’Leading and Lagging SectorsCommunication services shares jumped by 1.8% on Tuesday.In trading on Tuesday, consumer staples stocks fell by 0.8%.Top HeadlineThe US annual inflatio ...

Let's talk about it all with Mike Cudsell. He is a senior portfolio manager at PIMCO. Mike, pleasure to get you on the show.The market, Visav, the CME, Fed funds, futures, etc. pricing in basically 100% chance of a rate cut at the September meeting. Are you at 100%. Yeah, thank thanks for having me, Brian, and and pleasure to be here.Um, we do think recalibration 2.0% know starts again in in September. Uh the Fed most likely, you know, resumes cutting rates. Um most likely 25 basis points.The data will will ...