
OPTIMISM ON PPI, WALMART EARNINGS, RETAIL SALES DATA FROM CHINA, AND BUFFETT INVESTMENT
By Nigam Arora & Dr. Natasha Arora To gain an edge, this is what you need to know today. Optimism Please click here for a chart of Walmart (WMT). Note the following: There is optimism in the markets due to Producer Price Index (PPI), Walmart (WMT) and Home Depot (HD) earnings, Buffett’s investment in Taiwan Semiconductor (TSM), and retail sales data from China. PPI came at 0.2% vs. 0.4% consensus. Core PPI came at 0.0% vs. 0.3% consensus. Stocks are moving higher on good PPI data. The purpose of the Morning Capsule is to provide you with the big picture; it is






