Craig’s Economic Update June 27th 2024 on LI News 103.9 FM

Craig began the show by discussing success in the consumer discretionary sector as a major driver of overall market success. He then delved into the implications of different European elections including the campaign of French President Emmanuel Macron. He touched on a strong earnings performance from FedEx which has driven up the stock price before discussing how inflation has driven the price of certain Fourth of July staples to unreasonably high amounts. Craig finished this show by noting the significant drop in the use of cash in transactions across many countries including the United States.