Stocks will do well as long as Fed isn't hiking: Strategist

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CPI,T. Rowe Price Capital Markets Strategist,Tim Murray

US equities (^DJI, ^IXIC, ^GSPC) are higher intraday on Monday ahead of this week's CPI (Consumer Price Index) inflation print. JPMorgan Chase & Co. (JPM...

Tim Murray, T. Rowe Price Capital Markets Strategist — Multi-Asset Division, discusses the outlook of the stock market as the Fed gradually cuts rates this yearThe Fed"would like to be cutting but they just need some evidence that inflation is going to be continuing to come down. Maybe we do get some surprises there over the next couple of months.

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Vince McMahon continues to cash out his stock in TKO Group Holdings, the company formed by the merger of WWE and UFC that is majority-owned by Endeavor.

 

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