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18th August – Stocks drift lower as Trump and Putin meet in Alaska

In this morning's edition of MPC Markets Morning Call, Markdiscusses the recent market movements influenced by geopolitical events, inflation data, and corporate earnings. The conversation highlights the impact of the Trump-Putin meeting on market sentiment, the implications of inflationexpectations, and the significance of upcoming corporate earnings reports. Mark also analyzes sector performances and provides insights into future market trends.

Takeaways

Stocks drifted lower due to geopolitical tensions.

Inflation expectations are rising among consumers.

The Fed is likely to cut rates in…

The skinny

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