Stock Indices Anticipate A Positive CPI

The Stock Indices rallied today in anticipation of a positive CPI report tomorrow that will suggest the Fed will not raise interest rates at their current rate. If that report is not positive, the entire rally of today can be retraced and more. On the other hand, it will be interesting to see what the Fed does with rates on Wednesday of this week. These two news events can and will likely change the perception of value on the part of traders and investors. Use caution until the market digests the news.

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