Markets Find a Rare Moment of Sanity Amid Unrelenting Inflation In recent weeks, investors have grown accustomed to market volatility.
Last week's rebound in US stocks was a rare respite from the economic storm clouds gathering on the horizon. The S&P 500 rose 1. 1% and the Dow Jones Industrial Average surged 631 points, a welcome display of optimism.
The inflation update on Friday was predictable but still significant. However, beneath this surface lies a more nuanced story – one that suggests the Fed's next move is far from certain.