
Stocks bolted to new all time highs last week thanks to better than expected CPI inflation data. With that bond rates fell and the S&P 500 (SPY) made new highs just above 5,300.
Now investors are treading water at the highs awaiting the next round of signals that could change the outlook for inflation, and correlated Fed rate cut decisions. So, it’s in our best interest to review the roll call of coming economic announcements and prepare for what comes next.