Squawk on the Street cover image

Final Trading Day of 1H, Markets Jump on Inflation Data, Apple Hits $3T Valuation 6/30/23

Squawk on the Street

00:00

The Fed's Preference Gauge: Softer Inflation

So far this year, all three major indices are in the green led by the NAS up almost 30% as we said. Confounding a lot of people who were eyeing more nefarious scenarios at the beginning of the year. It jives with the biggest surprise of the year not just that the stock market is up but that the economy has remained so resilient and so much better than everyone thought.

Play episode from 01:31
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app