PPI Report Will Do Little To Calm Investors

We would argue that PPI is significantly better than CPI as a leading indicator, says Adam Curran. He and Ben Ayers discuss what the October CPI and PPI reports mean for the markets. Adam notes that in the long run he fears that the PPI report will do little to calm investors nerves of the economic pain ahead. Ben says that supply chains are normalizing, which will eventually lead to lower prices. They then go over how falling inflation will impact the Fed, as well as the role of gas prices in high inflation. Finally, they mention the impact of inflation on corporate earnings outlook, and the expectations for holiday shopping season. Tune in to find out more about the stock market today.