Darius Dale, founder of 42 Macro, joins the Daily Briefing to share with Real Vision’s Ash Bennington and Jack Farley his evolving views on inflation and economic strength. He breaks down today’s beat on the producer price index, putting it within the context of Fed Chair Powell’s testimony to Congress today, and he explains why the inflationary surge may about to roll over. Bennington and Farley also examine the drop in share prices of Bank of America and Citigroup despite the fact that they beat analysts’ expectations for earnings by a wide margin.









Thanks for watching The Daily Briefing. Sign up here with your email address to have every episode delivered to your inbox Monday-Friday: http://rvtv.io/DailyBriefEmail

Subscribe to our channel now for more videos like this one: http://rvtv.io/subscribehere

Do you want even more content like this? And to see this video before we release it here? Become a member of Real Vision -- get started for 30 days for only $1: http://rvtv.io/30daytrial

About Real Vision™:
Real Vision™ is where you can gain an understanding of the complex world of finance, business and the global economy with real in-depth analysis from real experts.

Connect with Real Vision™ Online:
Twitter: https://rvtv.io/twitter
Instagram: https://rvtv.io/instagram
Facebook: https://rvtv.io/facebook
Linkedin: https://rvtv.io/linkedin

Bank Stocks Plummet on Earnings as Producer Prices Continue to Surge

Disclaimer:
This is pretty obvious, but we should probably say it anyway so that there is absolutely no confusion…The material in REAL VISION GROUP video programs and publications {collectively referred to as “RV RELEASES”} is provided for informational purposes only and is NOT investment advice. The information in RV RELEASES has been obtained from sources believed to be reliable, but Real Vision and its contributors, distributors and/or publisher, licensors, and their respective employees, contractors , agents, suppliers and vendors { collectively, “Affiliated Parties”} make no representation or warranty as to the accuracy, timeliness or completeness of the content in RV RELEASES. Any data included in RV RELEASES are illustrative only and not for investment purposes. Any opinion or recommendation expressed in RV RELEASES is subject to change without notice. RV Releases do not recommend, explicitly nor implicitly, nor suggest or recommend any investment strategy. Real Vision Group and its Affiliated Parties disclaim all liability for any loss that may arise (whether direct indirect, consequential, incidental, punitive or otherwise) from any use of the information in RV RELEASES. Real Vision Group and its Affiliated Parties do not have regard to any individual’s, group of individuals’ or entity’s specific investment objectives, financial situation or circumstance. RV RELEASES do not express any opinion on the future value of any security, currency or other investment instrument. You should seek expert financial and other advice regarding the appropriateness of the material discussed or recommended in RV RELEASES and should note that investment values may fall, you may receive less back than originally invested and past performances is not necessarily reflective of future performances. Well that was pretty intense! We hope you got all of that – now stop reading the small print and go and enjoy Real Vision.