Hot CPI data is putting recent market gains at risk, forcing investors to weigh the necessity of inflation hedges.
S&P 500 with Nasdaq eked out more green Monday gains, but how are the internals looking strong? Are volatility metrics favorable? How about Trump‘s disappointment over the„ unacceptable Iranian response? No action ahead of Thursday‘s meeting with Xi – and then? With CPI in, and quite hot, will it be brushed off, or inflation hedges will start kicking in – and which, if any? Can yesterday‘s moves in real assets that brought great gains to clients continue shortly?
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