Bloomberg: Stagflation Playbook for S&P 500 Gets Fresh Look Before CPI Data

“This is a turning point in the economy that we stand at and markets are really unsure as to what direction we’re going to go in,” said Karl Schamotta,chief market strategist at Corpay. “We need to worry that a Fed that’s less focused on its price stability mandate is going to allow inflation to be higher over time.”

Bloomberg: Stagflation Playbook for S&P 500 Gets Fresh Look Before CPI Data