Morning Bid: Stocks defy negativity in CPI vigil

📆 4/12/2023 8:15 AM
📰 Reuters

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, major stocks continue to hold the line despite mounting investor negativity.

The Federal Reserve's interest rate stance hinges on incoming data such as Wednesday's consumer price report, but fears of recession remain just that.and a plethora of 'ifs and 'buts', the International Monetary Fund's base case in Tuesday's updated global forecasts remains pretty benign - shaving growth expectations for this year by just a tenth compared to January to 2.8%.

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Prices only went up a little this time, woohoo!

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I keep asking how much longer the markets can keep up?

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