bullish
Weekly Stock Bullfinder - Week of 6/13
SUMMARY
- The market continues to have difficulty finding its footing after yet another hot CPI inflation print on Friday which will result in additional Federal Reserve monetary policy tightening.
- Currently, the market is having trouble sorting out when inflation may be peaking and when the Federal Reserve may be able to pull back on their aggressive monetary tightening cycle.
- Is anyone really surprised that inflation prints continue to make new highs when Americans are seeing it all the time in their everyday lives and throughout various aspects of the economy?
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