HomeMarketsIndicesStock Market Consolidating Amid Upcoming Economic Data

Stock Market Consolidating Amid Upcoming Economic Data

"Two CPI prints and another jobs report stand between now and the next interest rate decision. The Federal Reserve has made it clear that price pressures remain uncomfortably high. The Fed keeps a 75 basis points rate hike on table for September and increases the potential duration of the rate hiking cycle," says Rob Fleming. Fleming also weighs in on growth stocks being rejuvenated even in a bear market.

Trading 360

10 Aug 2022

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