00:00 Speaker A
Right, time now for what to watch next week. Let’s start off on the tariff front and as the market sell off continues, President Trump’s liberation day tariffs are set to go into effect over the weekend and next week a 10% tariff on all countries takes effect at 12:01 a.m. Eastern on Saturday and individualized reciprocal tariffs are scheduled for midnight on Wednesday. On the earning side, another season is kicking off, big banks leading it on Friday. JP Morgan Wells Fargo and Bank of New York Mellon will all report their results. We’ll also get results from companies including Levi’s, Delta and Carmax throughout the week. Now, over on the economic data side, we’ll get fresh inflation data out next week with the consumer and producer price indexes, CPI coming on Thursday. Economist forecasting total CPI to slow to 0.1%. Core CPI ticks up to 0.3% on a month over month basis. On the producer side, PPI out on Friday, economists see total and core PPI increasing to 0.2% and 0.3% respectively. And finally, the Fed will release the minutes from March’s FOMC meeting on Wednesday, the minutes giving us more insight into the discussions and deliberations held at the Fed ahead of its interest rate decision to hold rates steady earlier or last month, I guess now at this point. All right, that’s going to do it for market domination today. Huge thanks as always Corey Johnson. Joebus. Thanks for stopping by for the full 90. That was fun. Couldn’t imagine a more momentous day to have that fun.
02:59 Speaker B
Thank you. Thank you.