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The stock market is all-in on the soft landing narrative but that's not the only driver

Good news is good news again.The S&P 500 is roaring today, up 43 points, or 1.0% to 4512. That's a one-week high and an impressive performance despite rising Treasury yields.It's getting tough to pin down exactly what this market is trading around. In late August, there was a 'good news is bad news' theme for a time as the market fretted about inflation and higher rates. Now the market is increasingly convinced that rates are peaking despite rising oil prices and better economic data.It's all to...
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Posted: Sep 14 2023, 19:23
Author Name: forexlive
Views: 091216