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Show Notes
MRKT Matrix - Friday, June 27th
- S&P 500 closes at a record Friday, overcoming even more trade angst (CNBC)
- Core inflation rate rose to 2.7% in May, more than expected, Fed’s preferred gauge shows (CNBC)
- US Consumer Spending Drops in May, Price Pressures Remain Muted (Bloomberg)
- US Consumer Sentiment Climbs as Inflation Expectations Improve (Bloomberg)
- Fed’s Kashkari Sees Two Rate Cuts This Year Amid Tariff Unknowns (Bloomberg)
- China confirms details of U.S. trade deal (CNBC)
- Treasury Deal Kills ‘Revenge Tax’ That Spooked Wall Street (Bloomberg)
- It’s a New Era for Capital One. Amex and Chase Are in Its Sights. (WSJ)
- Microsoft’s AI Chip Effort Falls Behind (The Information)
- Uber in Talks With Its Founder, Travis Kalanick, to Fund Self-Driving Car Deal (NYTimes)
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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