SOTS 2nd Hour: CPI Breakdown, LIVE: Stephen Miran, & AMC Entertainment CEO Talks Box Office 8/12/25

Squawk on the Street

CNBC

Investing, News, Business

4.1 • 567 Ratings

🗓️ 12 August 2025

⏱️ 46 minutes

🔗️ Recording | iTunes | RSS

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Summary

Stocks gaining after this morning’s inflation report: Sara Eisen, Carl Quintanilla, and David Faber broke down the numbers along with Council of Economic Advisers Chairman (and President Trump’s Pick to Replace Fed Governor Adriana Kugler) Stephen Miran. JPMorgan Asset Management’s Chief Strategist saying higher inflation might not be a bad thing for equity investors – find out why this hour. Plus: hear the latest Fed speak – including Fed President Jeffrey Schmid’s new hawkish comments… and more on how the consumer’s holding up with the CEO of AMC Entertainment, fresh off earnings from the name. Also in focus: the return of M&A and IPOs… Morgan Stanley’s Global Co-Head of Investment Banking joined the team for a wide-ranging interview spanning recent entrants, the deal pipeline, and whether a rebound in activity is to be believed.

Transcript

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0:00.0	Good Tuesday morning. Welcome back to Squawk on the Street. I'm Sarah Eisen with Carl
0:10.3	Kintanilla and David Faber live, as always, from post nine of the New York Stock Exchange.
0:14.4	Stocks are mostly higher following another in-line inflation report. Some would say tamer than
0:20.5	expected.
0:20.9	S&P's up two-tenths of 1%.
0:22.8	We're on record high watch again.
0:24.1	NASDAQ, just barely positive right now because you are seeing some strength in other sectors,
0:28.9	like consumer stocks, for instance, which are having a good day.
0:32.5	The Dow is up 229 points after mostly positive finish yesterday.
0:37.4	Take a look at Treasuries, very much in focus.
0:40.3	Some curve steepening today.
0:41.3	Higher on the back end, but the two-year rallies,
0:44.3	and we're seeing lower rates there, 3.7,
0:46.3	as September looks like a lock for a rate cut.
0:49.3	That's the read from the market following that inflation report.
0:52.3	It's just information, technology, real estate,
0:53.3	and consumer discretionary that are weaker right now.
0:56.0	Energy and financials leading the charge higher.
0:58.0	Coming up in just a moment, Council of Economic Advisors Stephen Myron will join us first on CNBC.
1:04.0	It's an interview to talk about today's CPI print, about being chosen as President Trump's pick for Fed governor. And a rare interview with the
1:12.6	CEO of AMC, one of the original meme stocks with an update on quarterly results and the summer box
1:18.3	office. We begin with some breaking news out of the Fed. The Richmond Fed, President Tom Bark,
	...

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