The stock market has been experiencing a wild ride this quarter. Although the Dow has seen a slight dip, both the S&P 500 and the Nasdaq have shown positive gains. One reason for this may be due to the core Personal Consumption Expenditures (PCE) index, which excludes energy and food costs, rising only 0.3% in February, lower than the market’s expected 0.4% increase. This could suggest that inflation is slowing down. The Federal Reserve is expected to continue raising rates throughout the year, but this will depend on the latest data. The improving inflation numbers are a positive sign, and we will delve into this topic in more detail soon.
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