Will CPI Be Sticky?
(5/11/22) The CPI inflation print for April could affect markets today--will it come in softly, or reflect a stronger print from April 2021. If inflation wanes, will the Fed be less aggressive? If so, that's an encouraging sign for growth stocks in particular. The market Tuesday did try to rally, but failed; markest are still deeply over-sold on every metric we track, so a lot of fuel remains for a rally. Any good news on inflation would tend to provide some lift to markets.
Hosted by RIA Advisors' Chief Investment Strategist, Lance Roberts, CIO
Produced by Brent Clanton
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