Squawk on the Street

CPI/Inflation Watch, Albertsons Terminates Kroger Merger, GE Vernova and Southwest CEOs 12/11/24

Dec 11, 2024
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INSIGHT

Inflation Concerns

  • The current path to lower price pressures seems to be stalling, especially in core goods disinflation.
  • Shelter costs continue to rise due to insufficient housing supply, impacting overall CPI.
INSIGHT

Albertsons-Kroger Deal Collapse

  • Albertsons terminated its merger with Kroger and sued Kroger for breach of contract.
  • Albertsons alleges Kroger didn't meet requirements for antitrust approval, hindering the deal.
ADVICE

Market Realities over Opportunities

  • Focus on market realities, not just opportunities.
  • GE Vernova shifted from discussing potential to showcasing tangible results like increased demand and cash generation.
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