Waiting for the all clear on PCE & earnings season?

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U.S. stocks traded cautiously on Monday as the holiday-shortened week began, with investors hesitating to increase their risk exposure ahead of critical inflation data.

Markets Although all three major U.S. indices recovered from their intraday lows, the overall sentiment remained subdued. After a strong performance last week, investors may be taking a hiatus and possibly enjoying the spring break, while others are adopting a wait-and-see approach for the next bullish catalyst, such as a favourable outcome from the Fed's preferred inflation gauge.

They have become integral to the daily lives of consumers and business people worldwide, representing a significant portion of everyday existence. While occasional dips in performance may occur, very few quarters can be objectively classified as poor. The perception of a bad quarter often hinges on relative or subjective measures rather than absolute balance sheet shortcomings.

 

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