The hosts analyze the recent Consumer Price Index (CPI) report for October, revealing that inflation is rising at the slowest pace since 2021. They discuss the implications for the stock market and various sectors of the economy.
Inflation is closer to the Federal Reserve’s target. Restaurant employment is back to pre-pandemic levels. Maybe the economy is landing softly.
(00:21): Ricky Mulvey and Asit Sharma discuss:
- What lower inflation means for stock investors.
- Sticky housing prices.
- Home Depot’s quarter and sales decline.
- What softer spend on big-ticket purchases means for Trex.
Plus, (13:32) Alison Southwick and Robert Brokamp air some economic grievances discounts, shrink, and dynamic pricing.
Companies discussed: HD, TREX, AAPL, COST
Stock Advisor discount: www.fool.com/mfmdiscount
Hosts: Ricky Mulvey, Alison Southwick
Guests: Asit Sharma, Robert Brokamp
Engineers: Dan Boyd, Rick Engdahl
Learn more about your ad choices. Visit megaphone.fm/adchoices