Hot inflation reports have been throwing some cold water on investors' hopes for a rapid decline in inflation and interest rates.
Here's a question on the minds of investors amid recent hotter-than-anticipated inflation readings and this powerful rally: Are we due for a stock market scare? The S & P 500 has shot up over 25% since the late-October lows. The ascent came as investors raised their expectations for faster declines in the rate of inflation and anticipated speedy and deep rate cuts from the Federal Reserve.
Coupled with the continued high costs for groceries, this means consumers will feel a pinch from those two sensitive prices in the weeks and months ahead. The bright spot on the energy front has been the persistent drop in natural gas, the feedstock for power generation and heating or cooling our homes. That price has remained stuck at historically low levels, offering some price relief on that front.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ron Filipkowski - The Daily BeastRon is the Editor-in-Chief of MeidasTouch.com and the host of the Uncovered podcast. He is a former federal and state Prosecutor, as well as a Police Academy Director and a criminal defense lawyer. He is a former Republican Club President and served on the Florida Judicial Nominating Commission for 12 years.
Read more »
Bill banning left lane cruising in Florida speeds over to Gov. Ron DeSantis’ deskA bill preventing Florida drivers from cruising in left lanes of highways now heads to Gov. Ron DeSantis’ desk.
Read more »
San Antonio Mayor Ron Nirenberg will meet with Biden during president's border visitSan Antonio Mayor Ron Nirenberg is heading to the U.S.-Mexico border as both President Biden and presumptive GOP presidential nominee Donald Trump head to South Texas to stump on immigration-related issues.
Read more »
Ron Holland Out For Remainder Of G League Ignite SeasonRon Holland Out For Remainder Of G League Ignite Season - RealGM Wiretap
Read more »
Ron DeSantis Accuses Libs of TikTok of Lying to 'Get Clicks'The far-right social media account claimed that Florida gives driver's licenses to undocumented immigrants.
Read more »
Ron DeSantis Deploys Florida State Guard to Stop Haitian MigrantsThe Florida Governor has directed over 250 officers and soldiers to the state's southern coast.
Read more »