3.8 • 950 Ratings
🗓️ 11 February 2023
⏱️ 14 minutes
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0:00.0 | Welcome to Seeking Alpha's Wall Street Breakfast, where we cover the top news for investors every morning. |
0:07.0 | Thanks for joining us today. I'm Julie Morgan, host of Wall Street Breakfast, Seeking Alpha's Daily flagship podcast. |
0:14.3 | This is our weekly show all about the catalyst for the upcoming week. |
0:18.4 | I'm joined by Kim Kahn. |
0:19.9 | He's the senior managing news editor at Seeking Alpha. |
0:24.0 | Kim, we are joined by a special guest this week, |
0:27.8 | the senior editor of Media and Telecom, |
0:30.8 | Jason Acock. |
0:32.3 | Thanks, thanks for having me. All right, so Kim, what? Telecom Jason Acock. Thanks. |
0:33.0 | Thanks for having me. |
0:34.0 | All right, so Kim, what's on deck for next week? |
0:36.0 | It's going to be a boring week. |
0:38.0 | I already know. |
0:39.0 | I'm wrong. |
0:40.0 | Oh, of course, yeah. |
0:41.0 | Now we've got inflation data and it's never boring with inflation, you know, on the macro front we're going to have the latest retail inflation numbers, the |
0:48.2 | CPI expected to come down again, headline number down to 6.2% and core down to 5.5%. But there's some data that just came out that through a little wrench in the works, which is on January used car sales. But used car sales, this has been an issue this entire period, am I right? |
1:10.0 | It has, yeah. I mean, and you know, it's been one of the most stubborn components of the |
1:14.8 | CPI to come down and, you know, the, you know, it finally started to decline and then that's, that you've seen that reflected |
1:22.2 | as the |
1:22.8 | CPIs cooled down a lot but there was a spike in in the auction prices for |
1:27.9 | used cars in January now we may not see that show up next week for the |
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