Financial News
Does inflation matter to stocks anymore?
April 12, 2023 at 16:11 PM EDT
Mid-week market update: The S&P 500 roared out of the gate this morning on a slightly softer than expected CPI print. Robin Brooks observed that super-core CPI (core services ex-housing and healthcare, light blue bars) have been decelerating.
Unfortunately for equity bulls, the gains faded over the course of the day.
Callie Cox pointed out that stock market volatility has been falling on CPI days when compared to FOMC and NFP days.
Does inflation matter to stocks anymore?
Unfortunately for equity bulls, the gains faded over the course of the day.
Callie Cox pointed out that stock market volatility has been falling on CPI days when compared to FOMC and NFP days.
Does inflation matter to stocks anymore?
The full post can be found here.
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Privacy Policy and Terms and Conditions.
