“Pressure is something you feel when you don't know what you're doing.” ~Chuck Noll
Good evening,
It was the second consecutive down week for the S&P 500, with much of the pressure on stocks this week originating from a hotter than expected CPI print, released on Wednesday. Core CPI came in hotter than Fundstrat’s expectations, as well as the Street’s. The MoM reading came in at +0.36%, the same as it was in February.
As Head of Data Science “Tireless” Ken Xuan noted du...