Trial DataTrek Morning Briefings for Free

Thousands of investors and financial journalists rely on Nick and Jessica’s newsletter every day for their thought-provoking work on markets, data and disruption. See why for yourself by starting a 2-week FREE trial below.


MarketWatch: “What stock-market investors will be watching in Thursday’s U.S. inflation report”

By admin_45 in IN THE NEWS MarketWatch: “What stock-market investors will be watching in Thursday’s U.S. inflation report”

Excerpt from MarketWatch quoting DataTrek co-founder Nick Colas:

... "The S&P 500 SPX, -0.33% is down 24.6% year to date through Wednesday, according to Dow Jones Market Data. Most of the single days that are responsible for the decline occurred on or around CPI reports or Fed-related events, said Nicholas Colas, co-founder of DataTrek Research, in a note on Monday. Two of the S&P 500’s nine largest down days this year have come on days when CPI data was released, he noted.

Without those nine down days, the S&P 500 would have been up 8.6% year-to-date through the end of last week, Colas wrote"....

Full article here on MarketWatch.

Trial DataTrek Morning Briefings for Free

Thousands of investors and financial journalists rely on Nick and Jessica’s newsletter every day for their thought-provoking work on markets, data and disruption. See why for yourself by starting a 2-week FREE trial below.