Expect An “Opportunistic Bull Market” For 2024

The PPI report suggests that the pickup in December CPI was a one-off event, notes Gene Goldman. He and Tony Welch discuss the takeaways from this week’s inflation prints, as well as how the Fed will react to the latest inflation data. Goldman mentions that he expects an “Opportunistic Bull Market” for 2024. Welch highlights that the combination of sentiment and the general trend of volatility in the early months of election years suggest a period of consolidation is likely. Tune in to find out more about the stock market today.