Fed may not cut rates following April's CPI report. Here's why.

) CIO Jim Smigiel joins Market Domination to break down what investors should expect from Wednesday's CPI print and what it could signal for the Fed 's next moves.

Uh, but even if we do get it, get something slightly weaker, you're still looking at a three handle on probably both headline and core, uh, still leaving the fed in a, in a pretty tight spot if they would like to see rate cuts coming in calendar year 2024.Do we just assume that rates are gonna stay where they are for a little bit here and, and sort of uh strategize, excuse me, uh accordingly.

So uh we know with the trend that we've seen recently a bit of a re aeration in inflation, the market began pricing in, you know, the probability however small of a potential rate hike coming in here.So, you know, from a positioning perspective, we're, you know, we're taking, you know, relatively modest moves at the margin.You know, Jim, we talked about that CP I print this week but another date on the calendar for investors is uh NVIDIA, their earnings are coming up as well.

So uh equity volatility we think has been unusually low, given everything else that's kind of happening in the world and just given the overall importance of of this one individual name, uh the earnings, the percentage of investment, the percentage of earnings that this one name, the percentage of performance, I should say year to date that this one name has been, uh, has delivered and delivered.Uh a lot of uh a lot of importance riding on this one number.I believe you like it as well.

And that's what we've seen recently, especially with that uh kind of strong uh performance post uh press conference.What, where do you see opportunity right now, Jim, what what sectors look attractive?We, we, you know, we think rates have higher, we think inflation is gonna be stickier for longer. Buffett sold $17 billion of stocks and amassed a record $189 billion cash pile last quarter because he knows the fun won't last, Paul Dietrich said.Totuus laihdutustuotteista: Nyt suuressa testissä!If you've taken the advice to save as much money as in an emergency fund or other form of savings, you should feel entitled to take out money when needed. That's what it's there for, after all. Learn...

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