I’m watching C — higher for longer. Even if we don’t see another hike soon, rates staying elevated can still put pressure on valuations and keep volatility high. For me, the key is whether inflation cools enough to give the Fed room to ease without reigniting price pressures.
# Markets Rebound Day After Rate Hike — What's Driving the Rally?

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  • AdairHoratio
    ·09-18 16:52
    Last year CPI fell from 9% to 3% in about 18 months. Core PCE getting from 2.8% back to 2% probably takes longer, and that gap is why C can stay stuck here
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