PPI and CPI data topped expectations this week which caused inflationary concerns. "We did see a stock market relief bounce yesterday, but it is not holding. Inflation is sticky and not going away anytime soon, especially when you take a look at the yield curve. When you take a look at the Russell 2000 and the small cap space, they do not sell overseas which is helping and the strong U.S. Dollar is helping them," says George Tsilis. Tsilis also weighs in on upcoming earnings next week.
14 Oct 2022