PCE Prices, Nike Slashes Guidance, and Presidential Election Probabilities 6/28/24

Today's PCE report could provide some good news for the Fed. Former Fed Vice Chairman Roger Ferguson previews the data. Plus, shares of Nike are plunging after the company slashed current quarter and full year sales guidance. Oppenheimer's Brian Nagel explains. And, PredictIt polling shows a 53% probability of Donald Trump re-taking the White House in November following last night's first presidential debate. Fordham Global's Tina Fordham discusses.