EPISODE · Feb 6, 2023 · 43 MIN
The Inflation Situation, and Disappearing Day Trader? 2/6/23
from Power Lunch · host CNBC
Markets are rallying this year because they think inflation is slowing. And Jerome Powell seems to agree. But the CEO of Nestle says more price hikes are coming. Who’s right on inflation? We’ll debate.Plus, many beaten-down names have soared as stocks get off to a hot start. Is this a repeat of “Meme Mania”? And are day traders once again jumping in on speculative names? We’ll get the latest data on who’s trading. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
What this episode covers
Markets are rallying this year because they think inflation is slowing. And Jerome Powell seems to agree. But the CEO of Nestle says more price hikes are coming. Who’s right on inflation? We’ll debate. Plus, many beaten-down names have soared as stocks get off to a hot start. Is this a repeat of “Meme Mania”? And are day traders once again jumping in on speculative names? We’ll get the latest data on who’s trading.
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The Inflation Situation, and Disappearing Day Trader? 2/6/23
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