The market is listless to start the week as investors hold their breath in anticipation of Wednesday’s Consumer Price Index data for March.
Once we know where inflation stands, get ready for the market to react…
Federal Reserve Chair Jerome Powell wants inflation down around 2%, but that’s just not realistic… especially right now.
Powell will likely push to raise rates again… But to tell you the truth, I couldn’t care less.
Because my preferred trading strategy is to react to the market action, rather than try to predict it.
Trade well,
Jack Carter
Jack Carter Trading
