The final and perhaps most crucial pieces of the interest rate puzzle fall into place this week. A full slate of inflation data is scheduled for release, and the results are expected to be key to the Federal Reserve’s interest rate decision next week. The Producer Price Index (PPI) comes on Wednesday, followed by the…Read more
Spending Bender Every earnings season, investors wait with bated breath to hear how much the big tech companies plan to spend on AI-related initiatives. Stock prices seem to react more to the outlook on that than the earnings data itself. Needless to say, AI spending continues to be the focus and that doesn’t appear to…Read more
Will renewed inflation pressure break the American consumer? After last week’s hot inflation data shifted the market narrative, that’s the burning question. We may get some answers this week. A number of the nation’s largest retailers, including industry bellwethers Home Depot (HD), Lowe’s (LOW), Walmart (WMT), and Target (TGT) are set to report their second-quarter…Read more
