Investors beware. Citi says it’s the market’s relationship to data that may shift when the Fed pauses.

On Friday, stocks looked poised to roll back as Wall Street closed out the week. That’s fine, S&P 500 SPX It is already up 5.75% in 2023, buoyed by the belief that a slowing economy and declining inflation will allow the Federal Reserve to be less aggressive in raising borrowing costs. This means that the … Read more

Why the stock market was not affected by the first monthly drop in consumer prices in more than two years

Inflation data may not be the biggest catalyst for stocks as it used to be. US stocks rebounded near a close higher on Thursday, although investors got some encouraging inflation news after the consumer price index for December showed its first monthly decline since the pandemic swept across the globe in 2020. Given that inflation … Read more