Stock Markets Churn Ahead of FOMC Week
Sep 15, 2023
• 6
Min Read
“I try to do the right thing at the right time. They may just be little things, but usually they make the difference between winning and losing.” ~ Kareem Abdul-Jabbar
Good evening:
It was a choppy week marked by continued challenges for investors and an abundance of economic data, including CPI and PPI numbers. Headline CPI for August came in hot, above both Street expectations and Fundstrat’s. Yet, as Head of Research Tom Lee noted, “there was a relatively positive follow through” to the news, reinforcing his case that September’s weakness was front-loaded. “We expect th...