Fed's inflation gauge shows price pressures cooling, Costco spending shifts
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Description
Our hosts analyze some of the top trending tickers, Dollar General (DG), Wynn Resorts (WYNN), and Bumble (BMBL).
Takeaways:
The Fed's preferred inflation gauge shows price pressures cooling in August. What does it mean for future rate cuts?
China stocks are set for the biggest weekly gain since 2008 due to announcement of stimulus package.
Costco (COST) has released new earnings with signs of consumer spending shifts towards non-food items as inflation continues to slow.
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Takeaways:
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