What Today’s Inflation Data Will Mean for Next Week’s Fed Meeting; Trading the Earnings from Two Tech Giants; Visa’s Holiday Spending Forecast 10/31/24

31/10/2024 43 min
What Today’s Inflation Data Will Mean for Next Week’s Fed Meeting; Trading the Earnings from Two Tech Giants; Visa’s Holiday Spending Forecast 10/31/24

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Episode Synopsis

PGIM Economist Tom Porcelli discusses what will be most important for the markets and the Fed to look for in today’s PCE report.  Plus, Wedbush’s Joel Kulina breaks down the key takeaways from Meta and Microsoft’s results.  And, Visa chief economist Wayne Best unveils the company’s holiday spending forecast, and whether consumers will be shelling out more for gifts this year. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.