Navigating Challenges in Footwear Business

Sara Eisen and Michael Santoli broke down the latest for stocks on a busy morning of earnings and Fed commentary – NY Fed President Williams saying there’s clear signs that short term inflation expectations are going higher… While Chicago Fed President Goolsbee calls it ‘transitory’. Trivariate’s Adam Parker joined the team to talk top picks (Healthcare) and sectors to avoid (Consumer Discretionary). Plus, why UBS thinks it’s time to buy the homebuilders despite a murky rate picture. 

Also in focus: consumer warnings out of Fedex and Nike. Sara and Mike broke down new numbers out of both names, along with the street’s take on what to do with the stocks. Plus, a deep-dive on Tesla – including headlines that trade-ins are hitting record highs – with one longtime investor who is now calling for Elon Musk to step down as CEO. 

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