We've got another layoff announcement from Big Tech and a bull versus bear debate over

Lululemon.

Motleyful Money starts now.

I'm Chris Hill joining me today, Motleyful Senior Analyst, Asad Sharma.

Thanks for being here.

Chris, thank you for having me.

We're going to start with a big macro today because the producer price index fell by half

a percent, which is much more than the 0.1 percent that economists were expecting.

I'm choosing to take this as good news.

How are you taking this?

I also see this as positive, Chris.

I mean, producer prices, wholesale prices have been falling since March of last year

that was the peak.

So we've seen some deceleration in prices at the wholesale level.

That's generally positive for the economy.

Of course, it's especially positive when you think about Uncle Fed who's looking at these

numbers and wants to make a decision on how much they should adjust interest rates.

So this means probably potentially we'll help in the data points if you are one of those

who's a proponent of smaller rate increases.

And also, you can point to energy and food as the propelling factors that pushed it down.

I saw some reports of data that said, well, this is due to energy prices decelerating more

than expected.

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