The report highlights the upcoming April CPI data as the primary driver for potential Fed rate cuts while maintaining a positive outlook on the Industrials and Technology sectors despite geopolitical tensions and overbought technical levels.
Key Takeaways
- 1.Focus on Core CPI as the key driver for potential Fed rate cuts later this year.
- 2.European military buildup and replenishment of stockpiles are positive for US defense contractors and the Industrials sector.
- 3.Despite being overbought technicaly, the Technology sector remains fundamentally strong due to EPS growth and positive market breadth.
Table of Contents
- Previous Close
- Future
- April CPI At 8:30 AM ET: Pace Of Headline CPI Could Reach 25-Month High—But Focus On The Core Rate
- As Cost-Of-Living Concerns Mount, The White House Has Taken Notice
- Hantavirus Is Unlikely To Turn Into A Pandemic—But It May Create Opportunities For Pharma
- Despite Tense Relations, Germany Seeks To Buy US-Made Tomahawk Missiles
- After Market-Leading Gains, What Do Technicals Indicate For The Technology Sector?
- Disclosures
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Authors
Larry Adam
Securities
S&P 500NDX10-Yr YieldDXY
Themes
Cost-of-Living and Consumer SentimentGeopolitical Defense BuildupInflation Dynamics and Central Bank Policy
Regions
North AmericaEuropeMiddle EastUnited StatesGermanyRussia