VIDEO: We Like What We Heard From This Holding's Investor Event
Plus, why we're focused on June and July, not May data.
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Chris Versace joins Diane King Hall at the NYSE to discuss this week's top market-moving events. He begins with his analysis of Jerome Powell's testimony to Congress, peeling back the layers of the Fed Chair's approach to combatting inflation despite tariff-price impact. Chris argues that the upcoming PCE Index is a "May number" and believes the "June-July" data will be more significant to the Fed's approach.
For individual stocks on his radar, Chris likes what he heard from WM WM following its investor day updates. For FedEx FDX, he's concerned about the post-earnings decline and believes Amazon AMZN could be taking more market share.
Later, he previews Nike NKE earnings with his eyes on tariff prices and consumer demand.
Click here to watch Chris' conversation with Diane.
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At the time of publication, TheStreet Pro Portfolio was long WM and AMZN.
