Published: Jan. 9, 2024 at 6:35 p.m. ET
Producers of metals and other raw materials fell sharply as inflation nerves drove up the relative value of the dollar.
One strategist said faith that the Federal Reserve could engineer a soft-landing may be overstated in the valuations of cyclical sectors. “The markets could be on the path of immaculate disinflation to an economic soft landing,” said Kyle Rodda, senior market analyst at online brokerage Capital.com. “The Fed is projecting as much.”
Disinflation…
Producers of metals and other raw materials fell sharply as inflation nerves drove up the relative value of the dollar.
One strategist said faith that the Federal Reserve could engineer a soft-landing may be overstated in the valuations of cyclical sectors. “The markets could be on the path of immaculate disinflation to an economic soft landing,” said Kyle…
