If you believe in the Efficient Market hypothesis, you had a good week. Despite a hotter-than-expected CPI print, a rise in credit card delinquencies, and the Trump administration’s announcement of 25% tariffs on steel and aluminum, stocks were mostly higher this week, with new all-time highs within sight for every major index.
That would support the hypothesis that institutional investors have already factored rising inflation into stock prices. If so, the market seems to be pricing in tax cuts and lower interest rates later this year, which would argue that investors should still be in stocks.
Next week will be a short trading week as the markets will be closed for President’s Day on Monday. With much of the market-moving economic data for the month already in, the focus will shift to corporate earnings, which have presented a mixed picture. The MarketBeat analysts will stay on top of the stocks and stories moving the markets. Here are some of our most popular stories from this week.
