Watching how rate expectations are shifting after today's CPI

That CPI print came in a bit hotter than expected, and I'm seeing the market starting to price in fewer cuts this year. It's interesting to consider what that means for growth-oriented sectors, especially with $QQQ pulling back today to 706.52. My watchlist is definitely tilting more towards value plays and less interest-rate sensitive names as I try to anticipate if this higher-for-longer narrative gains more traction.