Stocks Resilient Despite Inflation Pressures
The rise in inflation is not deterring investors from buying U.S. stocks.
Too little corroboration in the last 3 days to call a trend (2 articles). Watching for it to gain traction.
"Easing inflation concerns were bullish for stocks on Friday after US consumer prices rose less than expected last month."
"Easing inflation concerns are bullish for stocks after US consumer prices rose less than expected last month."
"If inflation has peaked, then U.S. stocks have bottomed, according to strategists at Clocktower Group —and that's exactly what they think has happened."
"Not only is there no evidence of an imminent earnings armageddon, long-term investors shouldn't be overly concerned even if there is one."
"Moynihan noted that spending increased on an annual basis by 12% through the first nine months of the year."
"Goldman Sachs Chief U.S. Equity Strategist David Kostin wrote in a note that stocks have all but priced in a recession — an outcome he says is not inevitable."
"Goldman Sachs Chief U.S. Equity Strategist David Kostin wrote in a note that stocks have all but priced in a recession — an outcome he says is not inevitable."
"The last time the Fed tapered, it took more than a year for it to hike rates and it looks like that's what is going to happen going ahead too, with only one-third of the market factoring hikes next year."
"Stocks ended higher Thursday... as investors shook off data showing U.S. economic growth slowed sharply in the third quarter."
""But for the most part, it would not change the conducive environment that we are currently in, for additional gains in equity markets.""