đ S&P 500 & Nasdaq Soar Toward Record Highs as Fed Rate Cut Hopes Surge Post-CPI Report
Wall Streetâs bulls are back in chargeâand theyâve got inflation data on their side. The latest CPI report just lit a rocket under rate-cut bets, sending the S&P 500 and Nasdaq hurtling toward all-time highs. Forget âsoft landingsââthis is a full-blown moon mission.
### The Fedâs Poker Face Cracks
Traders are calling the Fedâs bluff after cooler CPI numbers. Suddenly, those âhigher for longerâ rate mantras sound about as convincing as a meme coinâs whitepaper. Futures markets now price in cuts like theyâre going out of style.
### Tech Eats the World (Again)
Nasdaqâs leading the chargeâbecause when has cheap money ever hurt hypergrowth tech? FAANG stocks are drinking the liquidity punch like itâs 2021. Meanwhile, value investors quietly update their LinkedIn profiles.
### The Cynicâs Corner
Another inflation âvictoryâ built on hedonic adjustments and statistical wizardry. But heyâif the marketâs buying it, who are we to argue? Just donât look at the national debt clock.