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Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Monday’s key moments: Oil’s decline is good news We want confirmation that inflation’s peaked Quick mentions: JNJ, LLY, LIN Disney’s real problem is its balance sheet 1. Oil’s decline is good news Stocks slumped early Monday as investors digested disappointing economic data out of China overnight, along with news that the country’s central bank cut interest rates in a surprise move. Wall Street later turned positive following last week’s strong rally, which was spurred by economic data suggesting that inflation is peaking. West Texas Intermediate crude , the…
Source cnbc.com
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