SOTS 2nd Hour: Record Highs Roll Along, FICO CEO On The Record, & Restaurant Stock Recs 7/21/25
Squawk on the Street
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Economic Indicators and Market Resilience
This chapter reviews recent negative trends in economic indicators and their implications for the stock market, highlighting unexpected performances from companies like Cleveland Cliffs and Block. It discusses the forthcoming earnings reports and shifts in consumer spending, particularly in travel and telecommunications, amidst concerns over inflation and tariffs. Despite challenges in certain sectors, the chapter conveys a cautious optimism for market stability and growth, driven by technology and resilient consumer behavior.
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