Here comes the Fed's favorite inflation gauge
Wall Street Breakfast
Seeking Alpha
4.1 • 1K Ratings
🗓️ 26 May 2024
⏱️ 5 minutes
🧾️ Download transcript
Summary
Show Notes
Cathie Wood says investors at Great Depression-level of intensity in search for safety
Episode transcripts seekingalpha.com/wsb
Sign up for our daily newsletter here and for full access to analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Welcome to Seeking Alpha's Wall Street brunch, our Sunday look ahead to this week's market moving events, |
| 0:11.1 | along with the weekend's top news and analysis. |
| 0:14.0 | The holiday shortened week will have a familiar theme, Inflation. |
| 0:18.2 | The April Personal Consumption Expenditures Deflater, excluding Fruit and Energy, or otherwise known as the core PCE index, |
| 0:25.7 | arrives on Friday, along with consumption and income numbers. |
| 0:29.5 | Economists expect that the index rose 0.2% last month. |
| 0:33.0 | Economists at the city say their team looks for consumption to continue to |
| 0:37.2 | decelerate with PCE growth remaining below the pre-Covid 2.5% |
| 0:41.7 | trend due to elevated interest rates, tight lending standards, and a cooling |
| 0:46.3 | labor market. |
| 0:47.9 | Along with income and spending, the second measure of Q1 GDP arrives on Thursday, with the Fed beige book out on Wednesday. |
| 0:56.0 | Among notable earnings this week, on Tuesday Box, Kava Group, and Bank of New Scotia |
| 1:01.6 | report, Salesforce, Dick Sporting Goods, and Bank of New York Scotia Report. |
| 1:03.0 | Salesforce, Dick Sporting Goods, |
| 1:05.2 | Agolent, Chewy, HP, Pure Storage, Capri Holdings, Octa, |
| 1:10.4 | C3AI, and Abercrombie and Fitch report results. |
| 1:14.0 | Thursday sees Best Buy, Birkenstock, World Bank of Canada, Dollar General, |
| 1:19.5 | Footlocker, Costco, Gap, Marvell, Dell, Netapp, and Nordstrom on the calendar, Janesco and |
| 1:27.4 | Frontline wrap things up on Friday. |
| 1:30.2 | For those looking to hone their investing skills before Q2 earnings season rolls around, |
| 1:34.6 | Seeking Alpha is holding its first investing summit on June 18th in New York City. |
| 1:39.6 | It's a full day conference where you can learn how to navigate volatility from top execs from Amazon |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Seeking Alpha, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Seeking Alpha and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.