Investors rattled after hot CPI reports

In March's first premium insights report, we look at the latest job data, CPI, and more.

March Premium Insights: Jobs & Inflation

Good afternoon, Insiders! Welcome to the first macro update of February.
In today’s note, we’ll cover some of the latest economic data that’s shaking up the market, promising trends in stocks, and more.

The market seems to be stuck at a crossroads as we head into the weekend. This week, we saw lots of up-and-down moves, but they were relatively minor in scale. There seems to be a battle brewing between the bulls and the bears in light of February’s stronger-than-expected CPI data.

January’s report was also a tad hotter than expected, but the market shook it off pretty quickly. However, after February’s report, concerns are building that it’s more than a momentary phenomenon, and the growing stand-off between perspectives has been evident in this week’s trading action.

With February data showing both stronger-than-expected jobs and inflation figures, the path ahead for rate cuts is uncertain at best. If we see improvements within the next couple of months, we believe a June cut could still be on the table.

Recent comments indicate the Fed is eager to cut rates and is willing to overlook sub-optimal data to get there. We’ll have to wait to see how things develop over the next few months, but, for now, the path forward is cloudy at best.

Without further ado, let’s dive into this month’s report.

Subscribe to Elite Trade Club Insider to read the rest.

Become a paying subscriber of Elite Trade Club Insider to get access to this post and other subscriber-only content.

Already a paying subscriber? Sign In

A subscription gets you:
Our Top Growth Stock Idea Every Month: These are our highest conviction stock picks that have the potential to 10x or more!
Exclusive Reports on the top AI, space and dividend stocks that could skyrocket in these emerging market.
Bi-Monthly Exclusive Market Insights: In-depth analysis of the key trends shaping the financial markets along with actionable insights.
Ad-Free Version of Our Daily Newsletter: Get all of the days trending stocks and market moving news without the ads!