HomeMarketsIndicesJobs Report, CPI, & PPI Data Contribute To Investor Optimism

Jobs Report, CPI, & PPI Data Contribute To Investor Optimism

Both the CPI and PPI numbers came in softer than expected this week, which could indicate that inflation has peaked. "This week we were coming off of a really strong jobs report. All of the economic data combined caused the stock market to lift. The Russell 2000 saw a significant move to the upside. We are in a holding pattern in terms of interest rates," says Ben Lichtenstein.

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12 Aug 2022

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