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BOUT - Powell Playing Catch Up
February, 15 2022 09:54 AM
Innovator IBD Breakout Opportunities
The latest US CPI report further stoked inflation fears as inflation rates spiked. Despite a safety trade on Friday associated with the Russia/Ukraine situation, traders expect six Fed rate hikes in 2022. Wage growth acceleration points to maximum employment, an important pillar of the Fed’s dual mandate. Stocks vs. bonds likely remains pressured for the balance of the year as the credit market tightens and policy stimulus gets removed. For further details see:
Powell Playing Catch Up
Stock Information
Company Name:
Innovator IBD Breakout Opportunities
Stock Symbol:
BOUT
Market:
NYSE
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