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Investment Bank Piper Sandler Says Stocks Could See Turbulence If Bond Yields Rise: 'I Don't Think Equity Markets Are Going To Be Real Happy'
Wednesday, April 10, 2024 - 5:15am | 633Amid anticipations for the upcoming CPI report, Craig Johnson of Piper Sandler predicts a rough patch for equity markets if 10-year bond yields hit 4.5%. What Happened: During CNBC’s “Last Call” on Tuesday, Johnson voiced concerns over the potential impact of rising 10-year bond...
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August Consumer Price Index Preview: Will 0.6% Monthly Inflation Rattle Markets?
Tuesday, September 12, 2023 - 4:43pm | 715Following the conclusion of the Apple Wonderlust event, the market’s attention is shifting to Wednesday morning, when Consumer Price Index (CPI) inflation data will be released. According to the forecasts, this forthcoming inflation report is expected to diverge significantly from recent ones...
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The CPI Report Is Nothing More Than Noise For Investors
Thursday, September 15, 2022 - 12:06pm | 800The CPI report that came out on Tuesday had quite the impact on the market intraday but historically these news items have little to no impact on changing the market’s long-term direction. Images like the one below shared by so-called experts with 'Head this' or 'Chief that...