Bond yields have risen sharply since the Strait of Hormuz closed. Why does this matter, and what does it mean for stocks? Check out my blog to learn more:
https://t.co/ereJnxPEXu
March PCE rose 3.5% YoY, up from 2.8% in Feb. Core PCE hit 3.2%, the highest since 2024
After two years of progress toward 2% we're moving in the wrong direction. Energy is the driver but price pressure is broadening. The path to rate cuts just got longer
🎯 Inflation dropped to 2.4% in January!
That's the lowest in 8 months and beats expectations.
Energy prices falling and food costs moderating helped offset rising shelter costs.
Still above the Fed's 2% target but heading in the right direction. 📉
President Trump lowers the temperature on Greenland, and a quick explainer on stock earnings and valuations. Written by Kane Ogle, CFP®. https://t.co/8D0cytdmNr