CAP STRAT’s Mike Warford, CFA, and Mike Rarey, CFA, bring you the most important headlines and investment insights this week. In this episode:
The focus is on inflation, particularly sticky inflation in services, and its effect on market sentiment. The March CPI report, hotter than expected, has contributed to this trend.
We also explain the market’s expectation of rate cuts, the reaction to prolonged higher rates, and the reassessment of the timeline for rate cuts.
The potential impacts of the Middle East conflict on oil prices, inflation, and economic growth are analyzed, along with the Fed’s possible response.
