This is The Takeaway from today’s Morning Brief, which you can receive in your inbox every Monday to Friday by 6:30 a.m. ET along with:
An impressive flow of headlines returned to the world of investing this week.
The latest reads on inflation from the Consumer Price Index (CPI) and Producer Price Index (PPI) showed slowing rates of growth. Notably, egg prices continued to pull back, as Yahoo Finance’s Brooke DiPalma reported. Love to see it.
Yet, a consumer sentiment report on Friday that showed inflation expectations ratcheting higher scrambled the inflation outlook. Gas prices that are up 17 cents nationwide from a month ago will do that.
Meanwhile, billionaire Warren Buffett waxed poetic about the investing opportunities in Japan just weeks away from his closely watched Berkshire Hathaway shareholder meeting.
Then there was the start of earnings season with results out of big banks JPMorgan (JPM), Citi (C), Wells Fargo (WFC), Blackrock (BLK), and PNC (PNC). Investors…
This article was written by and originally published on finance.yahoo.com