Friday File: Big Ups and Downs — Who’s Still a Buy, Who’s a Sell, What Have we Learned?

Inflation may not change that quickly, but inflation expectations can change very abruptly — like this week, when a hotter-than-expected CPI number finally pushed the market over the edge and convinced investors to stop expecting a rate cut in March, or five+ rate cuts this year. That relatively small shift in sentiment, with the market […]