Analyst: The monthly CPI rate in April was lower than expected, and the market responded positively
Golden Ten Data reported on May 15 that analysts Steve Goldstein said that the market’s first reaction was positive-the stock market rose and bonds also rose. SP 500 futures rose 0.5% from flat, while the 10-year Treasury yield fell 11 basis points. Judging from the data, not only did the U.S. seasonally adjusted monthly CPI rate in April record 0.3%, lower than expected, but retail sales in April also did not grow.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like

SignalPlus Macro Analysis Special Edition: Is Work Resuming Soon?
Macro assets faced a tough week, with the Nasdaq Index experiencing its worst weekly decline since the "Liberation Day" in April, mainly due to concerns over an artificial intelligence bubble...

487 new BTC for Strategy, Saylor's appetite does not wane

XRP Price Prediction: Is $6 the Next Big Target?