This week is going to be absolutely wild:
The Fed will react for the FIRST time to rising PCE, PPI, and CPI inflation data.
This includes Fed Chair Powell’s Q&A after the first 2 month increase in inflation since September 2023.
Meanwhile, over 20% of the S&P 500 will be reporting earnings including Apple.
All before we get the April jobs report on Friday and geopolitical tensions continue.
Just about every major headwind is converging this week.
What are your predictions? Buckle up.
https://x.com/KobeissiLetter/status/1784717795998957814
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