June’s CPI Report Just Changed The Rate Debate: Here's What Investors Should Watch
benzinga_article·- The June CPI report revealed an annual rate of 3.5%, providing insights into the Federal Reserve's policy outlook ahead of Chairman Kevin Warsh's congressional testimony. - This report indicated a significant easing of inflation, with core CPI remaining flat, eliminating hawkish expectations from the Fed. - As investors anticipate potential rate cuts, this may impact market positioning, suggesting a shift towards bonds and smaller growth stocks as inflation pressures continue to ease.What was the #1 reason that caused the Nasdaq to Crater 4.77% Last Week?
Baystreet·- Stock markets experienced a sharp decline after a surprisingly strong jobs report indicated 172,000 jobs were added in May, significantly surpassing expectations. - This outcome raised concerns over potential interest rate increases by the Fed, leading to a negative reaction in stock prices, particularly a 4.77% drop in Nasdaq. - Despite the recent sell-off, markets have overall risen by $5.76 trillion since February, with long-term investments in sectors like semiconductors remaining profitable.