• US CPI: The cooler the data the better for stocks right now – Goldman Sachs

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10 mayo 2023

US CPI: The cooler the data the better for stocks right now – Goldman Sachs

Analysts at Goldman Sachs believe that softer United States Consumer Price Index (CPI) data is likely to be supportive of a rally in US stocks.

Key quotes

“The cooler the data the better for stocks right now.”

“Pain trade for fast money community would be cyclical outperformance on a hot print.”

“CPI around or below the 5% consensus could spark an equity rally, with the S&P 500 rising at least 0.5%.”

“A surprisingly strong reading would send stocks sharply lower, S&P 500 could drop at least 2% on a reading above 5.9%.”

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