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Business
Steve Reitmeister

Will Stocks Continue to Rise...Or Time for Rug Pull?

Steve Reitmeister Inflation US Federal Reserve Stock Market Reity Retail Sales

Stocks were already bouncing from the lows of the April pullback before the positive CPI report rolled in. That was all investors needed to get back in a buying mood with the S&P 500 (SPY) leaping to new highs above 5,300.

For as much as I want to celebrate this good fortune, I just can’t help but to reflect on some of the negatives I see that could make this rally short lived. That review will be the focus of today’s commentary.

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