The Consumer Price Index or CPI will be released tomorrow, which will be followed by the Producer Price Index or PPI. How much of the inflation number is discounted by the markets? Bill Baruch sees inflation cooling and says that this is a great environment for the stock market today. He also weighs in on Micron (MU) stock price being up recently and the semiconductor space showing leadership. The Samsung news of cutting chips production was the focus for semiconductors and now the slowing of PC demand. Has the PC demand number been slowing?
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