Posted 3/4/2024, 5:29:49 PM
Markets Hit Highs But Inflation Looms as Main Threat Despite Positive Earnings
- Inflation remains the main threat to markets despite upcoming events like jobs reports and Fed testimony
- Earnings season was strong, driven by big tech stocks like the Magnificent Seven
- Inflation likely hasn't fallen as quickly as the Fed would like due to structural issues
- Markets are hitting all-time highs thanks to the recent inflation improvement and rally
- Watch the full Yahoo Finance Live episode for more expert analysis of markets and inflation