Dow, S&P 500, Nasdaq Futures Hold Steady as PPI Data Looms—Will Rate-Cut Hype Hold?
Markets hold their breath ahead of PPI data—another inflation gauge that could make or break the Fed's rate-cut fantasy.
Flat futures signal trader indecision. Everyone's glued to macro prints, but let's be real—Wall Street's just playing pin-the-tail-on-the-dove.
Nasdaq's tech heavyweights? Barely twitching. The 'AI revolution' can't even move needles when Jerome Powell's shadow looms.
PPI's the next trigger. Beat expectations, and watch the 'soft landing' narrative get another adrenaline shot. Miss? Cue the 'transitory' copium.
Bonus cynicism: If 'data-dependent' Fed policy were a drinking game, we'd all have cirrhosis by now.