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
31 Flavors In the heat of August, let’s think about ice cream — in particular, a place that offers 31 flavors. If you’re a two-scoop kind of customer, you might choose two different flavors for the same cone, knowing that the combination will be better than each by itself. Some flavors are classics that almost…Read more
The focus narrows this week. With earnings season slowing to a trickle, one thing will dominate the conversation: inflation. The main events will be the release of the Consumer Price Index (CPI) on Tuesday and the Producer Price Index (PPI) on Wednesday. CPI, the most widely followed measure of inflation, measures the average change in…Read more
