AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
PreMarket Prep
All Eyes On CPI
Aug 14, 2024
Blu Putnam, a seasoned expert in market analysis and economic indicators, shares valuable insights on the upcoming Consumer Price Index (CPI) data and its potential market impact. The conversation dives into rising costs in dining, with a humorous look at experiences at popular restaurants, and examines how inflation influences consumer habits. They also discuss market dynamics surrounding fast-food giants and technology stocks in light of recent corporate actions, alongside the implications of changes in Federal interest rates on various sectors.
01:03:14
Episode guests
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- Anticipation surrounding CPI data indicates potential market shifts, with inflation rates projected to stabilize around 3% year-over-year amid cautious optimism.
- Brinker International's earnings report highlights consumer concerns over rising dining expenses, reflecting broader challenges for casual dining chains in a budget-conscious market.
Deep dives
Anticipation of CPI Data
The episode discusses the anticipation surrounding the Consumer Price Index (CPI) data, with expectations for inflation rates to stabilize around 3% year-over-year. The CPI for July is projected to show a slight increase compared to the previous month. Analysts are cautious, as any surprise in the data could negatively impact market reactions. The upcoming release of the CPI figures is framed as a critical factor that will influence trading strategies for investors and traders alike.
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode