First week of April was a roller coaster. Inflation spam next...

First week of April was a roller coaster.
Inflation spam next week U.S CPI of 8%+ is expectation and probably peak inflation.
Fed raising rates into peak inflation is laughable at best but economy does need to be cooled - U.S consumer is a beast buying everything off the shelves at the moment. Companies manage inflation the best by cutting costs and raising prices. Credit spreads tightening and the invert is no longer inverted. Barely lasted a week.
Let's see how this plays out over the next two weeks.