Kelly Evans: The inflation “tax” [CNBC]
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Piper Sandler Companies (PIPR)
Last piper sandler companies earnings: 5/1 08:04 am
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Source: CNBC
Inflation is over! If only. Now, the bond market did react like this was a big development, and understandably so. It wasn't just that the headline was flat. The core was also up just two-tenths of a point, which was less than expected. The year-on-year rates are still over 3% for both, but if we continue to get monthly readings like these, inflation will be back towards “normal” quickly. Markets are now pricing in two rate cuts by year-end. But as we know, consumers aren't feeling much relief yet. Confidence and sentiment readings have been lower than “usual” when the job market is this strong. The obvious reason seems to be the cumulative toll inflation has taken over the past four years since the pandemic hit. No one feels good paying $9.19 for a McDonald's 10-count chicken nugget meal, even if they're earning a bit more than they used to. On top of that, the biggest inflation lately has come from unavoidable expenses like health care and insurance--“needs” areas, as Piper Sa
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PIPR
News
- Piper Sandler upgrades Equity Residential to Overweight [Seeking Alpha]Seeking Alpha
- New Era of Stock Supremacy Turns Tail-Risk Hedging Upside Down [Yahoo! Finance Canada]Yahoo! Finance Canada
- New Era of Stock Supremacy Turns Tail-Risk Hedging Upside Down [BNN Bloomberg (Canada)]BNN Bloomberg
- New Era of Stock Supremacy Turns Tail-Risk Hedging Upside Down [Yahoo! Finance]Yahoo! Finance
- Micron tumbles as AI revenue surge falls short of lofty expectations [Yahoo! Finance Canada]Yahoo! Finance Canada
PIPR
Earnings
- 4/29/24 - Beat
PIPR
Sec Filings
- 6/10/24 - Form 4
- 6/10/24 - Form 4
- 6/10/24 - Form 4
- PIPR's page on the SEC website