CNBC Daily Open: Wall Street versus main street

Key Facts

• Selling to send a message Disney CEO Bob Iger told CNBC in July he’s thinking of selling the company’s media assets, like broadcast channel ABC and cable channel ESPN.
• Markets are betting the Fed will hold rates steady for now, but the trajectory of rates in November is still up in the air.
• But if you want to be pessimistic about it, those two data points — lack of confidence about the economy but hopeful about inflation falling — suggest that consumers think inflation will drop in a year because things won’t be great for the economy.
• “Investors remained upbeat about the outlook for stocks and the economy in August,” according to a Vanguard Investor Expectations Survey.

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