Still Bearish Stocks?
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ValueWalk
ValueWalk
S&P 500 kept plunging into the close, with yields rising across the board – confirming the slide as much as tech weakness. With the White House playing the extraordinarily elevated inflation card with some finger pointing for today‘s CPI, the drummed up expectations are for a really hot number. Whether it outperforms market expectations or not, the inflation expectations of yesterday show the boat short-term tilting a bit too much one way – so, we may get a fake S&P 500 rally, a temporary reprieve that would be sold into. Q1 2022 hedge fund letters, conferences and more Precious Metals And Com…