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Daily Scoop 6-9

Daily Scoop 6-9

👋 Your Wednesday Scoops

June 09, 2021

Today's Scoop: Anticipation

Big Picture

1) Everyone's waiting for the official inflation report tomorrow.2) Companies are raising prices in response to higher supply & wage costs.3) Planting forests are key to corporate climate action.

The Market: ⬇️-0.2%

S&P 500: 4,219.55

1Mo: +1% | 1Yr: +32% | 5Yr:+101%

The big news investors have been waiting for hits tomorrow. We’ll get an official check-in on whether prices continued to rise in May. Investors worry that a spike in inflation will force an end to the stimulus. Refer one friend to a make sure you're on our Sunday Explained email. We'll dive into inflation & the Central Bank.

Company Scoops (Click to read & vote your opinion. There are no right answers.)

Stitch Fix brings sexy backFastly breaks the internetChipotle gets expensiveCorona ditches plasticUnilever revives a forest

CLICK THE LINK BELOW TO... * Read these headlines ** Evaluate their impact ** See how others feel *

🤓 Inside Scoop...

Inflation is the reason we can't buy a coke for 25 cents anymore. It's a measure of the rate of decline in purchasing power of our dollars. Many of the headlines sound scary, but inflation itself is not scary. It's a natural part of a healthy, growing economy. If it were to move the other way, and our dollars bought more stuff the longer we waited, we would have a greater incentive to hold our dollars instead of spending them. That would send the economy into major trouble. Investors are worried about

too much

inflation. We want the economy warm, but not hot.