The stock market went through significant uncertainty last year primarily due to high inflation and the Fed’s aggressive interest rate hikes. Although optimism over slowing inflation helped the stock market recover last month and the short-squeeze stocks GameStop Corp. (GME), Carvana Co. (CVNA), and Bed Bath & Beyond Inc. (BBBY) witness some fresh investor attention, I don’t see them surviving the potential uncertainty ahead.
The factors potentially keeping the market under pressure primarily include renewed inflation concerns following a sequential increase in inflation last month and the hotter-than-expected jobs report.
