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PLTR - Rate Cuts For 2024? How About None? Is None Okay For Stocks?
Palantir Technologies Inc. Class A
2024-02-11 20:35:03 ET
Summary
The market may experience a bit of a sell-off before any rate cuts occur, possibly in response to higher unemployment or evidence of inflation.
The possibility of no rate cuts in 2024 could become a narrative among stock market participants as the 10-year Treasury Bond rises.
The upcoming CPI and PPI data releases could reveal a slowing rate of inflation, but there is a possibility of an uptick in the CPI, which could impact stock prices.
The quick answer is yes the market rallies anyway, though not straight up