US stocks (^DJI, ^IXIC, ^GSPC) seem to have calmed in Wednesday's session following the October CPI (Consumer Price Index) print that matched economists' inflation forecasts. Is this a sign that the post-election rally is petering out?
Yahoo Finance markets reporter Josh Schafer outlines three major elements markets could currently be pricing in: the Federal Reserve's 2% inflation target, bitcoin's (BTC-USD) latest rally to a record high above $93,000, and IPO forecasts under a second Trump administration.
To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here.
This post was written by Luke Carberry Mogan.
source: finance.yahoo.com
