Stocks Rebound As Peak Inflation Appears To Be In Place

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Inflation remains hot, Stocks rebound as peak inflation appears to be in place, Oil’s pullback ends, Gold steadies, Bitcoin breached $30k – OANDA Fighting InflationAt first, it looked like inflation broke the S&P 500’s back as investors sold everything following across the board hot beats with every inflation headline, as the initial take was that the Fed will need to do more to fight inflation. Today’s market reaction to the inflation report will make it hard to attract any investor who is still on the sidelines. The risks on Wall Street are growing and now include a Fed policy mistake, liqui…

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