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- Jun 27 CPI is hotter than expected but the focus is all on tariffs
Jun 27 CPI is hotter than expected but the focus is all on tariffs
$NKE $PONY $NU
Market
“Nike shares moved up 17% higher on news from the earnings call last night that the company is on the mend and revenue growth is in sight” 😊 😋

The markets were mostly neutral on the day
CPI Consumer Price Index for the month came in higher, but the street chose to ignore it. Mostly filed under temporary and passing inflation thanks to Tariffs, which the news / rumors is that we reached a deal with China.
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Insights from the portfolio
Video of the day
Today’s video is on Nike $NKE ( ▲ 1.42% ) the athletic wear company.