Critical CPI data and Fed Chair Warsh’s testimony arrive tomorrow, Tuesday, starting at 8:30 am. In 2 days, Wednesday features Core PPI and further testimony at 10:00 am. Traders should hedge $SPY and $QQQ positions as these events clarify rate trajectories. Thursday Retail Sales and Friday Consumer Sentiment will drive volatility. Monitor Warsh’s tone for hawkish shifts; if inflation surprises high, expect a significant spike in Treasury yields and dollar strength.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. We are not financial professionals. The authors and/or site operators may hold positions in the companies or assets mentioned. Always do your own research before making financial decisions.
Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications.