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Top 10 Things to Watch on April 11: Government's Inflation Report and Earnings Season

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Inflation Report,Earnings Season,Constellation Brands

The government's second inflation report of the week was cooler, reversing early weakness in the market. Earnings season kicks off with Constellation Brands delivering beats on earnings and revenue for its fiscal 2024 fourth quarter. Wells Fargo, JPMorgan, and Citigroup are among the first banks to report.

My top 10 things to watch Thursday, April 11 The government's second inflation report of the week was cooler. One day after Wednesday's hotter consumer price index sank stocks, the smaller-than-expected rise in the March producer price index reversed early weakness in the market to the upside.

How could so many prognosticators be so wrong about consumer inflation, the economic data, the trajectory of Federal Reserve interest rates? Isn't that the real conundrum? That's why I said inthat I'm trying to ignore all this rate talk and concentrate on earnings seasons, which kicks off in earnest this week.delivers beats on earnings and revenue for its fiscal 2024 fourth quarter. Issues better-than-expected full-year 2025 earnings per share guidance ex-Canopy.

 

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