Jeffrey Klingelhofer says recent inflation data reflects crosscurrents from oil prices and geopolitics, but emphasizes labor and wage trends as the more important forward indicators. He notes consumers, including higher earners, are trading down, while companies like Walmart (WMT) absorb rising costs. Klingelhofer adds this dynamic could weigh on employment and margins as the Fed heads into its next policy decision.
======== 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
Fler avsnitt av Schwab Network
Visa alla avsnitt av Schwab NetworkSchwab Network med Schwab Network finns tillgänglig på flera plattformar. Informationen på denna sida kommer från offentliga podd-flöden.
