Market Beat | Episode #6

In episode of Market Beat by Argus Research, host Caroline Wygal covers the top market stories for Tuesday, June 10, 2026. The episode opens with Morning Market Movers, highlighting strength in data storage names like Western Digital and Seagate, gains in airlines including American and Southwest, a workforce cut announcement from Robinhood, and SpaceX surpassing Amazon in market cap.From there, Caroline walks through the Market Buzz, including Argus Chief Economist Chris Graja's Economic Call of the Week: a forecast for May Retail Sales to rise 5.5% year over year (6.0% ex. autos), ahead of tomorrow's report. She also covers a mixed session on Wall Street as investors await the Federal Reserve meeting, with new Fed Chair Kevin Warsh set to hold his debut press conference Wednesday.Quick Takes from the Argus analyst team feature BUY ratings on Canadian Pacific Kansas City (CP), Monster Beverage (MNST), and Hilton Worldwide (HLT).The Deeper Dive centers on two key forecast changes from Argus. First, the team now expects the Fed to hold rates steady through 2026, pushing a previously anticipated 25-basis-point cut to 2027, citing persistently high CPI and low unemployment. Second, Argus is raising its 2026 GDP growth forecast to 2.3%, its 2Q26 estimate to 2.5%, and its 2027 outlook to 2.4%, driven by stronger Gross Domestic Investment, particularly in AI.For full research and information about Argus subscriptions and to sign up for our Second Half Outlook Webinar live 11ET July 1st, please visit www. argusresearch.com.