This Market Has A Good Foundation, But Watch Out For Inflation

The market reaction to raising rates is muted, notes Peter Tuchman. He discusses what's next for the markets. He talks about how this year could end up in pretty good shape. He highlights that August has not been a great month, but we are comparing to a lot of fantastic months. He goes over how retail has experienced a lot of headwinds. He mentions that he doesn't think there is any information coming that the market is going to overreact to from Jackson Hole. He also says that this market has a good foundation, but the inflation story is not over yet. Tune in to find out more about the stock market today.

Trading 360

23 Aug 2023

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