Will CPI Releases Shake Up Market Trends? - MMMK 070824

This week promises excitement with earnings season kicking off. Starting mid-week, 73 companies report, including WD-40 on Wednesday, followed by Delta Airlines, Progressive, PepsiCo, Conagra Brands, and Cintas on Thursday. Major financials report on Friday, including JP Morgan, Citibank, Wells Fargo, Bank of New York, and Fastenal, leading to high market volatility.
Fed Chair Jerome Powell will testify at the semi-annual monetary policy meeting on Tuesday at 10:00 a.m. ET, potentially causing market fluctuations.
Additionally, keep an eye on inflation data: the Consumer Price Index (CPI) is released Thursday at 8:30 a.m. ET, expected to tick up to 2.1%, and the Producer Price Index (PPI) on Friday at 8:30 a.m. ET, expected to rise by 0.1%. These releases will significantly impact the markets, adding to the week's excitement. Trade carefully!
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If there is anyone who would like to have a relationship with God, kindly do the following:
1. Pray the following prayer.
2. Pray this prayer willingly, genuinely, and wholeheartedly.-
3. Pray this prayer out loud.
Here is the prayer:
“Dear Lord Jesus,
Thank you for laying Your life on the cross for my sins. I ask you to forgive me. Come into my life. I receive You as my Lord and Saviour. I confess with my mouth that You are Lord. And I believe in my heart that God raised You from the grave. Now, guide me to live for You the rest of my life.
In the Name of Jesus Christ, I pray.
Amen.”
The preceding is what you need to do to have a relationship with God. Strongly and kindly consider doing it. Thank you.