AAP Podcast #51 - What’s Next for Monetary Policy, What to Watch for Consumer Spending, Apple Event Thoughts

On this week’s AAP Podcast, Chris Versace is joined by Todd Campbell, editor of TheStreet’s Smarts. Out of the gate, the two talk about inflation and the August Consumer Price Index report, both agreeing September and October data will now be a focal point for the market and investors. Todd shares his thoughts on potential seasonality in oil, while Chris weighs in on wages following the Teamsters-UPS (UPS) contract and similar negotiations between the UAW and the Detroit Three as well as pilots and airlines.

The conversation shifts to potential risks for consumer spending power as student debt repayments return in October. Todd shares concerns about the holiday shopping season, and Chris discusses his for travel and restaurant spending. The two wind up sharing their thoughts on Apple’s (AAPL) iPhone event offering who they think will benefit the most. If you listen carefully, you’ll learn who next week’s guest will be on the podcast, and trust us, it’s one you aren’t going to want to miss.