Does Market Accept Fed’s Transitory Narrative?

Well, we said that Jerome Powell has a good week and got a reprieve because of the ‘goldilocks’ numbers last week. We think maybe that this week he is even more pleased. Why? Because it appears the market is in quite a trusting mood with the Fed. Appearances can be deceiving. However, it is no doubt that the Fed’s immediate playbook was made easier by the fact that markets actually went up after a significantly hotter than expected CPI number. Rather than sell off, stocks closed at two su...

Finish reading this report for free

Enter your email and we’ll send the paywall-free link directly to your inbox

In addition to your unlocked report, you will receive our weekly market newsletter FSI Snapshot, as well as occasional updates and offers from FS Insight. You can unsubscribe at any time. For more information, see our privacy policy.

Get unlimited access to Tom Lee’s Fundstrat research Subscribe
Already a member? Log in
Disclosures (show)

Get invaluable analysis of the market and stocks. Cancel at any time. Start Free Trial

Articles Read 2/2

🎁 Unlock 1 extra article by joining our Community!

You are reading the last free article for this month.

By continuing, you agree to the Terms of Service and Privacy Policy.

Already have an account? Sign In

Trending tickers in our research

Get invaluable analysis of the market and stocks. Cancel at any time. Start Free Trial

Articles Read 2/2

🎁 Unlock 1 extra article by joining our Community!

You are reading the last free article for this month.

By continuing, you agree to the Terms of Service and Privacy Policy.

Already have an account? Sign In