Inflation In The U.S. Vs Eurozone

There's not much actual economic news moving the market, notes Collin Martin. He and Michelle Gibley discuss the macro outlook ahead of the CPI report. Collin notes that intermediate and long-term treasury yields may trade rangebound as the Fed projects a prolonged "pause." Michelle mentions that there is high inflation in the U.S. and Europe, but for different reasons, and the continued weakness in U.S. bank stocks is in contrast to the Eurozone. They track inflation data in Europe versus the U.S. and if we will see more weakness in U.S. bank stocks. Then then examine overall market weakness. Tune in to find out more about the stock market today.