Inflation May Tick Up In 4Q

Expect inflation data to remain subdued in August and September, notes Rhys Williams. He discusses how he thinks that inflation may start to tick up in the 4Q. He also expects CPI in the 2's by September. He notes that the Dow Jones Industrial Average saw its 13-day win streak end yesterday. He previews the July jobs report which will be released next Friday. He also highlights how medical inflation could pick up a little bit in the fourth quarter, and rent inflation could pick up a little bit in the first quarter. Tune in to find out more about the stock market today.