Inflation is on 'back burner' to labor market: Strategist

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Market Volatility News

Adam Turnquist,Federal Reserve,Labor Market

September has historically been a weaker month for stocks, and this year's performance comes amid heightened market volatility due to the upcoming election...

and this year's performance comes amid heightened market volatility due to the upcoming election and potential Federal Reserve interest rate cuts. To discuss his outlook on these matters, LPL Financial Chief Technical Strategist Adam Turnquist joins Catalysts.Regarding the possibility of renewed inflation, Turnquist states it's"not a key concern.

And they added in this kind of tenor that a lot of companies are saying that their inventory levels are are just right.So what is that pass through mean for the employment situation as well?And it's interesting to compare where ISM the ISM data is right now in contractionary territory with a market trading near record highs, just a few percentage away from those July highs that historically does not line up when you have a market within 3% of a new high on average.

When we look at the economic data, we're pretty comfortable with the trajectory of inflation and eventually reaching close to the fed's 2% target. Market players in the chlorinated polyolefins sector stand to benefit significantly from the expanding demand across diverse industries. With their superior adhesion properties and versatility, CPOs are increasingly sought after in automotive, packaging, and construction applications. This growth offers companies opportunities to innovate with eco-friendly solutions and capture new markets, ensuring a promising future in a rapidly evolving landscape.New Delhi, Sept.

 

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