A CIO details 4 reasons why the recent inflation spike is temporary — and says the Fed will still cut rates 3 times this year

By Jeffrey Greenberg/Universal Images Group via Getty ImagesThe recent rebound in inflation is about to end, according to a note from Raymond James.The firm highlighted four reasons why rising prices should reverse, including an expected slowdown in economic growth.Raymond James’ CIO also explained why he still sees the Fed cutting interest rates three times in…

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Temporary Supply Shocks Matter More Than Increased Demand To Inflation Bump

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No, Inflation Is Not ‘Too Much Money Chasing Too Few Goods’

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Inflation And Banks Drag Stocks Lower Despite Earnings

By Stocks and bonds slumped due to the combination of rising inflation and subdued bank earnings … [+] guidance.gettyThe earnings season began slowly last week, with only 10 S&P 500 companies reporting. Banks were a large contingent of the reporters, which boosted the sector’s earnings expectations for the quarter as all the banks reported better-than-expected…

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Elevated Inflation Data Expected To Delay Interest Rate Cuts

By More From ForbesApr 13, 2024,12:59pm EDTLet’s Play This ‘Weird’ Pattern For Cheap 8%+ Dividends”,”scope”:{“topStory”:{“index”:2,”title”:”Let’s Play This ‘Weird’ Pattern For Cheap 8%+ Dividends”,”image”:”https://specials-images.forbesimg.com/imageserve/633ef719acf4acfe6b048d1d/290×0.jpg”,”isHappeningNowArticle”:false,”date”:{“monthDayYear”:”Apr 13, 2024″,”hourMinute”:”07:45″,”amPm”:”am”,”isEDT”:true,”unformattedDate”:1713008700000},”uri”:”https://www.forbes.com/sites/michaelfoster/2024/04/13/lets-play-this-weird-pattern-for-cheap-8-dividends/”}},”id”:”f6ogqhf64ka800″},{“textContent”:”Apr 12, 2024,03:47pm EDTInflation Accelerates In March As Prices Rise Faster Than Expected”,”scope”:{“topStory”:{“index”:4,”title”:”Inflation Accelerates In March As Prices Rise Faster Than Expected”,”image”:”https://specials-images.forbesimg.com/imageserve/66198c310712f2b579f3fa1a/290×0.jpg”,”isHappeningNowArticle”:false,”date”:{“monthDayYear”:”Apr 12, 2024″,”hourMinute”:”03:39″,”amPm”:”pm”,”isEDT”:true,”unformattedDate”:1712950776257},”uri”:”https://www.forbes.com/sites/mikepatton/2024/04/12/inflation-accelerates-in-march-as-prices-rise-faster-than-expected/”}},”id”:”1mq6pk9crdkc00″},{“textContent”:”Apr 12, 2024,03:13pm EDTChina Market Update: Risk Off…

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‘Big Short’ investor Michael Burry warned inflation would spike again. Prices just jumped.

By Michael Burry, the investor of “The Big Short” fame.Jim Spellman/Getty ImagesMichael Burry predicted a second inflation surge, and price growth reaccelerated in March.The “Big Short” investor first warned of inflation in April 2020, over two years before it peaked.Burry expected a recession, rate cuts, and stimulus spending to reignite inflation.Michael Burry of “The Big Short”…

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Rising Oil Prices Reignite Inflation Fears

By Oil spike ripples through global markets The price of Brent crude rose again on Friday, at one point topping $91 a barrel. Growing tensions in the Middle East have pushed the global benchmark to levels last reached in October.That poses a potential problem for President Biden ahead of the election and raises new questions…

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