Why will DoorDash’s earnings report deliver a better check-up for the U.S. economy than Marriott, Coca-Cola and Kraft-Heinz this week? Because the affordable luxury of food delivery is a great barometer for how much Americans are still willing to spend. Jason Helfstein, Oppenheimer and Company’s managing director and head of Internet research, tells us why he’s giving the stock a buy rating and how he thinks the latest changes to minimum wage laws will affect stockholders. And it’s still all about inflation. WSJ markets reporter Eric Wallerstein joins us to break down why this week’s CPI inflation report could really move markets. Plus, Valentine’s Day is on the way, which for many means gifts. We look at which sector might see a boost from the holiday of love.
Further Reading
As CFOs Prepare for an Unpredictable 2024, Here’s What Tops Their Checklists)
Investors Are Almost Always Wrong About the Fed)
Why Inflation Is Rising Again: Breaking Down the December CPI Report)
11 Valentine’s Day Gifts to Warm Her Heart (and Everything Else))
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