Higher. April CPI was within expectation. Money on the sidelines will start slowly flowing into the market. Probably wanna see another good CPI in May before it runs up. Rate cuts would also add to the bullishness. If Powell says no stagflation, u gonna believe him or some other chicken little?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments