Markets' "Inflation Rally," Delta and PepsiCo Earnings Beats 7/13/23
Squawk on the Street
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The S&P 500 Is on Track to Clock an All-Time High Before Year End
The S&P is now 3% higher than it was when the Fed started hiking for the first time in 23. We're currently being asked by multiple clients if we think the S&P will clock an all-time high before year end. In that environment, you can buy a PepsiCo, but you can buying a Caterpillar. Watch the show and you'll know what I mean.
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