Recently, data for both the Consumer Price Index and Producer Price Index came in better than expected for July. Investors use these indexes to gauge how inflation is trending, and both now suggest inflation may have peaked last month. The declines were led by a drop-off in energy prices, so if this trend reverses, high inflation could persist.
HeritageCrystal Clean and LendingClub are part of Zacks Bull and Bear of the Day.
Many consumer-lending fintech companies have struggled this year. This one stands apart from the rest.