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Goldman Sachs expect that US stocks will rally on any soft inflation print

US inflation data for April is due on Wednesday, 10 May 2023 at 1230 GMT, 0830 US Eastern time:US CPI data due Wednesday - preview: Fed officials will likely be cautiousPreview: US CPI to be released tomorrow. What to expect?Goldman Sachs: “The cooler the data the better for stocks right now,” “Pain trade for fast money community would be cyclicals outperformance on a hot print.”CPI around or below the 5% consensus could spark an equity rally, with the S&P 500 rising at least 0.5% a surprisingl... Read More

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Content Topics

Goldman

Sachs

Expect

That

Stocks

Will

Rally

Soft

Inflation

Forex

Posted: May 9 2023, 23:12

Author Name: forexlive

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