Stocks Hit Records As CPI Comes In Light… Plus Banks Break Out 5/15/24
May 15, 2024•44 min
Episode description
The S&P, Dow, and Nasdaq all hitting fresh record highs after this morning’s lighter-than-expected CPI data. How the new inflation data could impact the Fed’s rate cut timeline. Plus Banks breaking out. The KBW index hitting a 52-week high, and Chris Verrone is hitting the charts to find out where the group could be heading next.