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We’ll start with a close look at XPeng, a Chinese automotive manufacturer focusing on the electric vehicle (EV) market. XPeng has several models in production, and has been making deliveries of the P7 and P5 sedans since last year. In recent months, the company’s delivery numbers have

strong bearish trend defined the markets in the first half of the year; since then, the key point has been volatility. Stocks hit a bottom back in June, when the SP 500 dropped into the 3,600s. That has proven to be a support level in the last two months, and at least one strategist believes that the market won’t be testing those lows again this year.

 

JPMorgan's Jason Hunter believes that inflation may have peaked, and that the upcoming CPI report will provide additional evidence of that

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