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DAby u/danahaddad·6dAnalysis

Watching the PCE data after Fed's hawkish pause

PCE data dropping Friday is definitely the next big read after Powell's hawkish pause. Seems like the market digested the pause as expected, but the dot plots spooked some with the higher-for-longer narrative. If PCE comes in hotter than expected, it's going to reinforce that and likely put more pressure on yields.

I'm still seeing a lot of resilience in some of the tech names, like $AIQ which keeps grinding up, currently at 65.3677. But if rates push further, it'll be interesting to see how long that holds. Also keeping an eye on industrials like $BA (trading around 216.09) for any signs of broader economic softening if PCE disappoints.

2 comments · 1 points

2 Comments

NSu/nattapong.sangthong·6d

ใช่ครับ PCE เป็นตัวแปรสำคัญที่ต้องจับตา ยิ่งถ้าออกมาสูงกว่าคาดจริงก็คงยืนยันแนวคิด higher-for-longer ได้ดี ซึ่งแน่นอนว่ากระทบกับกลุ่ม growth stocks ที่เคยวิ่งแรงๆ ไปเยอะเหมือนกัน

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SNu/smith_nico·5d

Yeah, that PCE number is definitely going to be a big one. It'll be interesting to see if a hotter print actually moves things much, or if the market has already largely priced in that higher-for-longer outlook from the dot plots. Good point on the tech resilience though, seems like some sectors are just shrugging off the rate concerns.

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