Stock futures higher as bear market rally continues; Week Ahead: inflation back in focus as rate bets subside; G-7 leaders mull price cap on Russian crude; Nike shares higher ahead of Q4 earnings and Frontier sweetens Spirit Airlines bid, gets ISS approval.
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raise rates in september or maybe we can lower rates in a year, 1 1/2 years. they re trying to stop the markets from going down. markets are a lot bigger than they are now. used to be the other way around. they would just say easier money and markets would be like a dog on a leash following suit and going higher. any big worry, i use two words, called the food chain. it s going to wrong way now. just so you know, comparing oil prices to 2019. we re going to be spending $300 billion more than 2019. that s a lot of cake coming out of consumers and businesses and that will affect things going forward. the bear market rally may be ending soon. i hope i m wrong. but today was a big thing coming out of tesla. neil: i want to thank you, gary. susan, goes without saying.
combination of believe it, the nasdaq had dropped almost 25% and the s&p 18%, so maybe an overshoot. but the pwc pce inflation rate for the first time in 16 months actually ticked down. so i think neil: by the way, personal if consumption expenditure rate. you got it. neil: it s a key gauge that i know the federal reserve follows, right? yeah. and it s what people spend, the tallty of it. so i think actuality of it. you just get to the point where sellers get washed out, the short sellers in the market are too happy, so they ve got to put the frowns on the faces of the short sell isers and get the bulls all excited again. i m not sure if this is a bear market rally, the start of something really good. i am still very worried about two things that are happening at the same time, and that is the savings rates are plunging and credit card uses, it s skyrocketing while even though