Wrapping Up 1H: Post-Debate Markets, Trump-Friendly Stocks, Nike Tumbles 6/28/24
Squawk on the Street
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Consumer Rebellion and Federal Reserve's Inflation Gauge Analysis
Discussion on how American consumers push back against increased prices, Federal Reserve's inflation gauge indicating slower inflation rates, potential impact on interest rates, and considerations for a rate cut in September. Analysis of factors like unemployment, consumer shopping habits, market movements, and challenges faced by companies like Nike, Google, etc.
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Transcript
