Quotes
If the spike in February inflation expectations sticks, the Fed could delay rate cuts through the middle of next year, rather than resuming them later this year,
he wrote on Monday
Whatever they charge us, we're charging them,
Trump said
Today's inflation report is obviously good news but it's also backward-looking and doesn't tell us anything about where we're headed from here and what the inflationary impact of all these tariffs might be,
said Jim Baird, chief investment officer at Plante Moran Financial Advisors
The hard part is the uncertainty around tariffs,
said BairdThis is the last reading not impacted by tariff distortions, so to some extent the market's a little bit hesitant to over-react to a better print,
said Gennadiy Goldberg, head of US rates strategy at TD Securities in New YorkWhat I have to do is build a strong country,
Trump said on Sunday
We’re bringing wealth back to America. That’s a big thing,
Trump addedOnly I can fix it,
another infamous Trump brag, turns out to be a case of false advertising.jpg)
I think if we all are becoming a little more nationalistic and - I'm not saying that's a bad thing, you know, it does resonate with me ... (but) it's going to have elevated inflation,
BlackRock CEO Larry Fink said on MondayI'm not even looking at the stock market."
Perhaps the most telling Trump comment in the unfolding battle wasUncertainty is high and rising on Main Street, and for many reasons,
said Bill Dunkelberg, Chief Economist at the National Federation of Independent Business (NFIB), whose February sentiment survey posted its third straight decline last monthAll of those millions of people with 401(k)s and pensions are doing far better than they have ever done before with increases of 60, 70, 80, 90 and 100% and even more."
Back in his State of the Union address to Congress in February 2020, Trump said of the stock marketThe U.S. growth outlook continues to deteriorate," putting increased attention on the release of the consumer price index (CPI) later in the day, "which could be a significant source of volatility",
Rodda saidA higher-than-expected reading could fuel the stagflation narrative while a weaker-than-expected print could cement recession fears,
Lafargue saidTrade uncertainty persists and therefore so does market volatility,
said Kyle Rodda, senior financial markets analyst at Capital.comWe're seeing a bounce today on the lower-than-expected inflation read and some dip buying,
said Greg Bassuk, CEO at AXS Investments in New York
Investors’ hopefulness about inflation cooling is being mitigated by the ongoing trade-war strife,
Bassuk addedSilver has badly lagged, but will eventually break out and move in the direction of $50 [per ounce],
Gijsels told CNBC
Chinese equities will benefit if the global economy gets into trouble, because they are under-owned and China's government has the ability to reflate the economy,
he told CNBCWithin corporate credit, investors can focus on sectors less exposed to tariffs such as financials, construction and defence, and avoid those in the line of fire such as autos and potentially technology,
he flagged