Wall Street is bracing for June's Consumer Price Index (CPI) report this week, which will serve as a key economic indicator amid the Federal Reserve's battle...
Wall Street is bracing for June's Consumer Price Index report this week, which will serve as a key economic indicator amid the Federal Reserve 's battle with inflation. Truist co-chief investment officer and chief market strategist Keith Lerner joins Morning Brief to discuss the potential for interest rate cuts this year and how that will play into the market.
If you look at the second half, you tend to add the gains, Uh, or you've seen gains added 24 of those 27 times, or 89%.In that back half, the average peak to trough decline, meaning at some point you have a hiccup is also around 9% so we think the trend is higher.Because you had been bullish on tech for many months at at this point recently, though, downgrading it to more of a neutral holding.
I think it's more like where what's gonna happen is you're gonna just see, maybe not standing up and maybe a little bit of money going.It just kind of a little bit of a of a rotation into other areas. The amount Hindenburg Research made from it's short-seller report on Adani Group pales in comparison to the market value it erased.John Deere to lay off roughly 600 employees from three US factories
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