Higher Inflation Consumer price inflation unexpectedly accelerated in December, rising 0.3% on the month, and 3.4% year-over-year, the Bureau of Labor Statistics reported Thursday. Is this throwing a wrench into market hopes for swift interest rate cuts by the Federal Reserve this year? Core inflation, which strips out food and energy prices, also rose 0.3%….Read more
Sticking the Landing Inflation has been perhaps the hottest topic for the market for quite some time now. But there are other economic data points that are important to keep an eye on, and this week is no exception. Key data set to be released this week will revolve around growth dynamics (including retail sales,…Read more
Prevail or Fail? It’s been a bumpy start to the year after the stock market rally stalled in late December. Although a new high wasn’t made in the S&P 500, the index has been hovering near the all-time closing high of 4,796 from January 2022. The question investors are asking now is: will the rally…Read more
