Your take on CPI? Relief or inflation scares beneath surface?
Dani Burger
Pooja Sriram
Very mixed readings. Top line weaker than expected. Core 0.3%. Big miss from used cars.
Doesn't sound like it gives Fed much comfort to cut.
Dani Burger
Pooja Sriram
Too early to say. Tariff effect likely to fade in next couple months. About 60% passed through in 2025, maybe 40% left.
Risk AI anxiety spills to Main Street, consumers save more?
Dani Burger
Pooja Sriram
Right now in build-out phase for AI. Capex announced, construction yet to happen. Supportive of employment growth in certain sectors (building/maintaining data centers).
If displacement happens, will governments step in?
Dani Burger
Pooja Sriram
Regulation a big question. If complete automation leads to massive job losses, would need both fiscal and monetary policy to support economy.