Markets Lower on Hot PPI, Trump Prepares to Meet Putin
Schwab Network · Schwab Network
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Show Notes
The 0.9% month-over-month uptick in PPI was significantly up from Wall Street's expectations of an unchanged report. For those wondering why markets didn't move down further, Kevin Hincks talks about PPI historically taking a backseat when it comes to importance of other prints. On the international front, Kevin turns to President Trump's meeting with Russian president Vladimir Putin in Alaska on Friday, which he says can move markets.
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