Food prices are a major driver of the headline inflation numbers these days. Some food names that are actually the gainers in today's session. The s and p 500 right now at 39 22 as we speak, down two point four percent. But also on the technical level, one of the key levels that technicians were keeping a close eye on was the may 20 third intra high.
Bloomberg News International Economics and Policy Correspondent Michael McKee, Bloomberg News Equities Reporter Jess Menton and Neil Dutta, Head of Economic Research at Renaissance Macro Research, discuss Friday's CPI data and how inflation is impacting the economy and the markets. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Financial Investigations Senior Writer Stephanie Baker discuss Stephanie's Businessweek Magazine story 3M Risks Criminal Charges for ‘Forever Chemicals’ in Europe. Noelle Acheson, Head of Market Insights at Genesis Trading, explains why crypto correlations spike in times of market uncertainty. And we Drive to the Close with Amanda Agati, Chief Investment Officer at PNC Asset Management Group.
Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.
See omnystudio.com/listener for privacy information.