Wall Street is bracing for volatility as investors seek an inflation reading that encourages a rate cut yet alleviates recession fears, with the S&P 500's recent sharp swings underscoring market anxiety.
Chris Larkin from E-Trade notes investors are looking for an inflation 'sweet spot'—cool enough for a September rate cut and warm enough to ease recession concerns that have shaken the market.
Kristina Hooper of Invesco emphasizes that while the focus on C.P.I. is intense, a broader range of data tells a more positive story, reflecting complexity beyond simple inflation metrics.
Market analysts highlight that external factors, including risky bets and concerns over big tech stock rallies, contribute to the heightened sensitivity of the market to economic data fluctuations.
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