We dive into the latest Consumer Price Index (CPI) report for April and explore the impact it has had on the markets. We analyze the key takeaways from the report and discuss how it has affected investor sentiment. Additionally, we also delve into the Q2 earnings reports and the overall outlook for the upcoming quarter. Unfortunately, the reports have been quite bleak, with many companies missing expectations and showing signs of weakness. We discuss the reasons behind these disappointing earnings and what it could mean for the broader economy. Join us as we break down the latest economic news and provide insights into what it could mean for investors and traders alike. Don't miss out on this important update on the current state of the markets! Links mentioned: ✅ https://finance.yahoo.com/news/cpi-preview-inflation-expected-to-remain-elevated-in-april-as-rate-hike-risks-loom-144811803.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAHKgCl_RigUPAe0aRPQJCQRnVMbD3Xpf0_BETTq5MlXaJhMtsbLy7ezwh1dmF9Pib0wuDHalYZII1PJ5iDcIGLrkFW-Lqs2LoPrhTlYCVVEdaWbWgyrVPwB_Gm6dmYAg8yzYhz4mYK6GzB_KEzF5P7eJ6Y_imo1WJnGFd-A9ZmCJ ✅ https://news.yahoo.com/more-americans-worried-money-hurting-210443354.html ✅ https://www.cnbc.com/2023/05/05/jobs-report-april-2023-job-growth-totals-25300-in-april.html ✅ https://www.forbes.com/sites/jonathanponciano/2023/04/07/labor-market-added-236000-jobs-in-march-lowest-since-2021-as-economists-worry-recession-may-be-underway-now/?sh=3ec372e76849 ✅ https://www.axios.com/2023/05/08/corporate-earnings-outlook-spx
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