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CPI Big Picture: Discretionary Pullback, Gasoline Deflation & Fed Impacts

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Manage episode 482584713 series 3645668
Content provided by Schwab Network. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Schwab Network or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

"I feel like a cat trying to chase a laser pointer" following inflation developments, says Eric Pachman. He isn't worried about future CPI prints after today's report but notes gasoline's deflationary moves as signs of a pinched consumer. Sarah Foster agrees, adding that there are other signals pointing to discretionary spending pullback. They also turn to inflation's impact on the Fed's interest rate path.

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5041 episodes

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Manage episode 482584713 series 3645668
Content provided by Schwab Network. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Schwab Network or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

"I feel like a cat trying to chase a laser pointer" following inflation developments, says Eric Pachman. He isn't worried about future CPI prints after today's report but notes gasoline's deflationary moves as signs of a pinched consumer. Sarah Foster agrees, adding that there are other signals pointing to discretionary spending pullback. They also turn to inflation's impact on the Fed's interest rate path.

======== Schwab Network ========

Empowering every investor and trader, every market day.

Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe

Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185

Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7

Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch

Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore

Watch on DistroTV - https://www.distro.tv/live/schwab-network/

Follow us on X – https://twitter.com/schwabnetwork

Follow us on Facebook – https://www.facebook.com/schwabnetwork

Follow us on LinkedIn - https://www.linkedin.com/company/schwab-network/

About Schwab Network - https://schwabnetwork.com/about

  continue reading

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