Although inflation may be receding, intermittent waves of price increases may cause investor uncertainty about the direction of economic growth and central banks' policy response, says Jeffrey Kleintop. He talks about how SVB’s failure may have little impact on central banks outside the US and markets may soon return to worrying about inflation and rate hikes. He then goes over if there is there a financial crisis brewing. He also notes that high quality stocks continue to outperform. Low price-to-cash flow stocks are outperforming the overall market during the wild ride so far in March, just as they have so far this year and last year. Tune in to find out more about the stock market today.
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