(2/10 /22) The Fed's Raphael Bostick yesterday postulated that today's inflation print might be a little less than expected...resulting in a bit of a market rally to get above the 20-DMA, but not quite reaching the 50-DMA. Markets are still struggling to move higher, but Tech stocks outperformed on anticipation we might see some dis-inflation in today's numbers. The hope and expectation for lower inflation is that the Fed might back off its hawkish stance on rates and tapering. But the Fed's greater fear is being caught at 0% in a weaker, recessionary environment. We expect the Fed to continue on the path to higher rates as a strategic move against future inflation. So we may not see a Bear Market-ish contraction this year, but we will see a pretty sloppy market with lower rates of return for the next few months. Volatility will make managing your portfolio a lot more challenging. Presented by RIA Advisors Chief Investment Strategist, Lance Roberts -------- Get more info & commentary: https://realinvestmentadvice.com/news... -------- Visit our Site: www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to RIA Pro: https://riapro.net/home -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestme... https://www.linkedin.com/in/realinves... #CPI #Inflation #FederalReserve #InterestRates #RateHike #FixedIncome #BearishMarket #Recession #Markets #Money #Investing |
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