Key Takeaways CAG posted Q2 adjusted EPS of 45 cents, topping estimates, while net sales fell 6.8% year over year. Conagra's organic net sales dropped 3% as volumes fell 3%, with a 100 bps headwind from retailer timing.CAG reiterated FY26 outlook, guiding organic sales between -1% and 1% and adjusted EPS of $1.70-$1.85.Conagra Brands, Inc. (CAG) reported second-quarter fiscal 2026 results, wherein both earnings and sales declined year over year. Results reflected a challenging consumer environment, lower vo ...

Widening the band within which the peso moves risks a modest rise in inflation, but that is less of a problem for Argentina’s government with midterms out of the way. Still, this is far from a full currency float https://t.co/onxloCNuZd ...

Let's continue the conversation right here with Toron Slack. He's chief economist at Apollo Global Management. Um, you have a favorite in that Fed race, by the way.Well, so I don't have a personal favorite, but I think it's clear that the market is trying to chew hard on which of these candidates will have implications for what's happening, especially of course in rates. What the conclusion of course here is that it all becomes about can the new fetcher persuade the other FOMC members about whatever his vie ...

Core Insights - Recent inflation data and comments from Fed officials have increased expectations for interest rate cuts, with markets now pricing a 25.5% likelihood of rates being lowered to 3.25-3.5% by January 2026, up from 15.3% a month earlier [1] Inflation Data - Softer U.S. inflation data has strengthened expectations for two or more Fed rate cuts in the coming year, with November's underlying inflation growing at the slowest pace since early 2021 and headline CPI rising 2.7% year over year, below forecasts [2] Fed Leadership and Rate Cuts - Comments from President Trump suggest that the next Fed chair will favor lower interest rates, contributing to market bets on additional rate cuts next year [4] - Fed Governor Christopher Waller indicated that the Fed has room to ease interest rates, citing signs of weakening in the labor market, and suggested that any additional cuts might occur at a moderate pace [5] Financial Sector Impact - Anticipated Fed interest rate cuts in 2026 are expected to provide a significant boost to the financial sector, as lower rates could reduce capital costs for banks and enhance loan activity [7] - The Dow Jones U.S. Financial Services Index has gained 19.70% over the past year and 2.41% month to date, indicating strong performance in the sector [8] Consumer Discretionary Sector - Lower interest rates are expected to improve consumer access to credit and boost spending power, positively impacting profit margins in the consumer discretionary sector, which has seen a 7.17% increase year to date and 2.47% month to date [10] Small-Cap Stocks - Small-cap stocks, which rely heavily on external borrowings, are likely to benefit significantly from lower interest rates, allowing for increased capital availability and refinancing of existing debt at cheaper rates [12]

The big risk in the market's mind is that as the government both fiscal and monetary policy moves are towards easing will inflation take off again. That's the biggest question we face. We have a strong point of view on it.But the burden of proof is on us because inflation does seem to have been stuck in this 2 and a half to 3% range for a while now. So we have to answer that question and I think the biggest answer to the question is if uh real growth rates start accelerating now uh we believe inflation will ...

Gold prices are broadly flat in afternoon trading but set to close the week in positive territory."Persistent demand continues to underpin prices, with ongoing purchases by central banks and resilient ETF inflows," says Milad Azar of XTB MENA, while "geopolitical tensions remain a key supportive pillar."The latest U.S. inflation data came in below expectations, sparking a rally on Wall Street Thursday, but economists cautioned against reading too much into the report because of gaps in data collection durin ...

Eurozone consumer sentiment unexpectedly weakened in December despite cooling inflation and economic resilience against tariffs, a monthly indicator showed. ...

Welcome back to Morning Trade Live. It's time now for the big picture. Let's welcome in Colin Martin, head of fixed income research and strategy, Schwab Center for Financial Research.So Colin, it's a global fixed income story for us this morning with those higher yields off the back of what we got from the BOJ last night. I mean, we've got the 10year, what are we at right now. 414.We're pushing 415 this morning. Japan's 10year high since 99. We're looking at 30-year yields in France, high since ' 09.What do ...

Group 1 - The importance of investing retirement savings to ensure growth that outpaces inflation [1] - Common mistakes to avoid when investing in IRA or 401(k) plans in 2026 [2] - Investing too conservatively can lead to insufficient retirement savings, with a comparison of potential outcomes based on different investment strategies [3][4][5] Group 2 - The risks of selling off assets during stock market downturns and the importance of maintaining a long-term investment perspective [6][8] - Recommendations for managing investments based on proximity to retirement, emphasizing the need for a balanced approach [9]

All right, first though, let's get some breaking economic data that's just crossing. Rick Santelli has it for us. Rick.>> Yes, David, indeed. These are the December final reads on University of Michigan sentiment and the inflation metrics embedded in this report. So, the midmon read gets tossed. 53.3% was the midmon read on the headline.It now moves lower to 52.9%. That'll be the weakest since it was 51 in November. And I'd like to point out that if you look at the absolute low, it is 50 from June of 22.We' ...