Squawk on the Street
Inflation Report Sparks Market Sell-off: What Should Investors Do Now? 9/13/22
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Show notes
Carl Quintanilla, Jim Cramer and David Faber led off with the big story of the morning: Consumer inflation
data erasing a pre-market rally and sparking a sell-off. The Consumer Price Index for August up 8.3% year-over-year, moderating for a second straight month but still hotter than what most economists had be expecting. The anchors discussed how investors should react to the market moves, rate hike fears and where to find buying opportunities. Also in focus: The Twitter whistleblower heads to Capitol Hill, Starbucks' "Investor Day," J.P. Morgan sees a "soft landing," Oracle's earnings, and the executive shakeup at Peloton.
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