Lower than expected CPI and blowout bank earnings – Mike on BNN

by Michael D. Clare

| July 14th, 2026

Lower than expected CPI and blowout bank earnings. What does it all mean for markets?

Brompton’s Senior Vice President and Senior Portfolio Manager Mike Clare joined BNN Bloomberg to break down the latest inflation data, how this may impact the Fed, and what strong earnings beats from Goldman Sachs, JPMorgan, and others mean for investors.

Does a cooling CPI have an impact on the U.S. Fed?

Michael Clare has over 18 years of experience in financial services and is a Senior Vice President and Senior Portfolio Manager with Brompton Group. Mr. Clare is a member of Brompton’s portfolio management team and is a co-manager of investment funds at Brompton with combined assets of approximately $3 billion. He specializes in portfolio construction, security analysis, and covered call strategies with a focus on technology, health care, financials, energy, global equities, and low volatility strategies.