Stocks Rally Off Weak Inflation Data

MRKT Matrix - Tuesday, August 13th Stocks rally as tame inflation data fuels market comeback (CNBC) Starbucks replaces CEO Laxman Narasimhan with Chipotle CEO Brian Niccol (CNBC) Home Depot expects sales to weaken as consumers grow more cautious (CNBC) Goldman, JPMorgan Say Markets Pricing in Higher Recession Odds (Bloomberg) Morgan Stanley’s Wilson Sees Few Signs of Bear Market in Stocks (Bloomberg) ‘We haven’t seen the bottom in this correction’: Dan Niles names 2 tech stocks to ride out a potential recession (CNBC) Is Netflix recession resistant? JPMorgan thinks so (CNBC) GM Cuts China Jobs as It Resets in World’s Biggest Car Market (Bloomberg) --- Subscribe to our newsletter: https://riskreversalmedia.beehiiv.com/subscribe MRKT Matrix by RiskReversal Media is a daily AI powered podcast bringing you the top stories moving financial markets Story curation by RiskReversal, scripts by Perplexity Pro, voice by ElevenLabs Learn more about your ad choices. Visit megaphone.fm/adchoices