Caution! Overheated US CPI data may pull the stock market from a 'Risk-On' rally into a short-term selling trajectory.
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
The upcoming US CPI data may impact the stock market, potentially pulling it into a short-term selling trajectory or correction. There is concern that inflation may be a factor in this possible market shift. The sentiment in the crypto market is also reported to be one of "extreme fear", although the direct connection to the CPI data is unclear.