A Hot Inflation Print Is Set to Derail S&P 500’s Run to Record
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The US stock rally is already on shaky ground due to tariffs and an uncertain outlook about artificial intelligence. Add a hot inflation print to the mix, and the market will sell off.
That’s according to the trading desk at JPMorgan Chase & Co. Market Intelligence, who estimate the S&P 500 will fall as much as 2% in the case consumer prices rose 0.4% or more in January from a month prior.