Does President Trump’s Bull Market Start Up Again on Wednesday?
The article argues that the S&P 500’s nine-week winning streak has been interrupted by a Broadcom earnings miss, a strong U.S. jobs report, and renewed geopolitical tension in the Middle East. The key market issue is whether Wednesday’s May CPI report will confirm easing inflation and revive expectations for Federal Reserve rate cuts, or whether a hotter reading will extend the selloff. The author notes that lower oil prices over the past month could help cool inflation, with WTI down 6.6% and Brent down 9.2% in four weeks. Overall, the piece frames Wednesday’s inflation release as the critical catalyst for the next major move in equities, particularly the S&P 500, which recently lost $1.4 trillion in market value.