Stocks Jump, Inflation Nation & Strong Foundation 1/11/23
Stocks rallying ahead of Thursday's key inflation data. Investors betting inflation will continue to show signs of slowing. The Shelter Index was the largest contributor to inflation in November, but Zelman & Associates Director of Research Dennis McGill says he thinks rent prices are finally peaking. Kroger Chairman & CEO Rodney McMullen says food prices are holding steady, but believes there will be some moderation later this year. He also discusses how high prices are impacting consumer spending behaviors. JPMorgan Asset Management's Phil Camporeale says he is skeptical about the recent…
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