Uncertainty returned to the market this week after conflicting news on inflation in July. Consumer prices matched expectations, but producer prices were sharply higher. For now, investors are ignoring those concerns and pushing stocks higher backed by strong earnings, continued progress on tariffs, and retail sales that were in-line with expectations.
That optimism is also being fueled by the belief that rate cuts are coming in September. However, that could change after the Federal Reserve chair speaks at the Jackson Hole meeting next week.
In the meantime, the trend is in favor of the bulls, but it’s not likely to be a smooth ride higher. September is historically bad for stocks, so investors should expect volatility. But there will always be opportunities, and the MarketBeat analysts will be here to help investors find them. Here are some of our most popular stories from this week.
