With joanne hsu in just a moment, and an oil rally underway. We will see how much risk you should take on into a weekend of uncertainty. Im alix steel, with my cohost in london, died guy johnson. Guy it drops onto our bloomberg terminals the headline number, 63 point zero, down from 68. 1. That is a substantial miss. 66. 7, a big drop. One year inflation wow one year inflation rises to 3. 8 , up from 3. 2 , and we have verizon the five to 10 as well. I wonder if that is gasoline prices, but Inflation Expectations are rising. That is not a good cocktail heading into the weekend. Alix no, that is not great at all. The bond market giving up some of the gains we saw on the treasury market on the frontend, so yields down by two basis points now, but equities are going nowhere yet. This is not a great read for how consumers are feeling. Guy jamie dimon warning on the call, talking about the facts that the consumer is working through the excess savings. We have been talking about that for a w
U.S. stocks hung around their record levels as Wall Street remained relatively quiet following another slide in Europe. The S&P 500 edged down by less than 0.1% Friday, marking the