The consumer sentiment reading will be the inflation data in that report
The consumer sentiment reading will be the inflation data in that report: Sevens Report Editor, Tom Essaye, Quoted in Barron’s
Stocks Open Lower. S&P 500 and Nasdaq Pull Back From Record Highs.
“But, more important than the consumer sentiment reading will be the inflation data in that report,” writes Sevens Report Research’s Tom Essaye. “Markets will want to see stable consumer sentiment and better than expected inflation readings to rally.”
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