On the SPOT blog (09/09/2022) [S..]
- Salyl Bhagwat
- Sep 9, 2022
- 3 min read
Wall Street broke its weekly losing streak as it appears to be recovering from rate hike worries. I think that from now until FOMC meeting (in week after next), Fed officials are in a "no commenting" zone. This might have played a role in all three major indices finishing in an "emphatic" green. CPI data (due next week) will perhaps determine how the markets react next week.