Walmart income, April PPI, FED chairman Powell: What can be seen

00:00 Speaker A

Time for Thursday, May 15th, sponsored by Lasty Trade. And start the income front. We will get a robust round of reports tomorrow. This includes Walmart, Alibaba and take two. Walmart announced the results for the first quarter in the morning. The analyst expects Walmart's turnover in the first quarter in the first quarter, which is due to the value of consumers and a strong Easter season. However, the sale of general goods can slow down due to careful expenditure and tariff problems.

00:39 Speaker B

And if you look at the economy, some new inflation data will come with the producer price index tomorrow morning. Economists forecast both the overall and core PPI to 0.2% or 0.3%. This is a month on the month that signals a return to inflation pressure in supply chains.

01:02 Speaker A

And when we go to the Fed, we will receive another Fed comment tomorrow, including the FED chairman Jerome Powell. We know that President Trump took up two social social issues yesterday and expressed his frustration over Powell and asks the Fed chair to reduce interest rates.