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The S&P 500 posted its first positive week in a month after a volatile week with intraday swings of 2.5%. The Federal Reserve signaled that it will raise interest rates in March, and December PCE inflation rose 4.9% year over year, the hottest reading since 1983.
Most S&P 500 stocks were trading below their 200-day moving averages.
Expected Fed tightening and high inflation strengthen the dollar and raise borrowing costs, which can pressure commodity prices. The effect on feed markets is indirect and comes through macro channels.
tsptips.comRoy Weisert, PhD, CFPJan 29, 2022Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
