Morning Bid: Stocks defy negativity in CPI vigil

📆 4/12/2023 8:15 AM
📰 Reuters

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A look at the day ahead in U.S. and global markets from Mike Dolan

, 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!

Vix not showing fear Hedgeye week calm today range 1701 -2022 high side of TheView 1985-1997 sweet spot ? roll at coaster🎶Eminem rosenberg good news for market green ? Or what’s width backwarddization Johnjsully JohnMorganESQ FerroTV 🧰💡👖🐝☎️💕🌞🧠🔋⏰💰🧐🇺🇸✍️ERANow

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

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