The ‘Right Tail’ for Stocks Just Got Better: Here’s the Number Behind It
22V Research's Dennis DeBusschere says the right tail for equities has increased, citing a core inflation gauge running at 2.06% while headline CPI sits at 3.4%.
A measure of price increases (inflation) that experts watch closely just got better, which can make stocks look more attractive. When this number improves, it often means people feel a bit more hopeful about companies making good profits.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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