With all due respect to the start of the Fed meeting on March 19, it’s really a backseat event to something else. Nvidia’s (NVDA) annual GTC event that begins on March 18, which some on the Street refer to as the “Woodstock of AI.” I wasn’t alive for the first Woodstock, so no clue as […]
Tag: inflations
Stocks set for rebound as Wall Street weighs hot inflation’s impact on Fed
US stock futures edged higher on Friday, putting a weekly win within reach as investors weighed the impact of hot inflation prints on the Federal Reserve’s policy decision next week. S&P 500 (^GSPC) futures put on 0.2%, and those on the Dow Jones Industrial Average (^DJI) added 0.2%. Contracts on the tech-heavy Nasdaq 100 (^NDX) […]
Wall Street is increasingly worried about inflation’s resurgence
Recent signs of stickier-than-expected inflation have some Wall Street strategists concerned that investors have become too optimistic about the odds of a soft landing in the US economy. The prevailing concern is that inflation could enter an era of stagflation, where price increases reaccelerate while economic growth slows. This was most famously seen during the […]