The Direction Of The Market Depends On Inflation Data

In my opinion, the direction of this market will depend on the inflation data we will get in the coming weeks, notes Eddie Ghabour. He talks about how all eyes are on inflation. He suggests that if we get cool inflation data this market will be back to the races and hit the highs we hit on July; if inflation is hot rates will hit near term highs and put strain on the markets. He also discusses what the latest PCE reading means for the Fed, and what to know when investing in India. He then goes over what to look for in the health care sector. Finally, he looks at positioning strategies headed into the fall season. Tune in to find out more about the stock market today.