Revised Inflation Data: Not to Be Ignored (6/27/23)

(6/27/23) Markets are looking forward as the quarter's end rebalancing commences. However, revisions to economic data and a clearer picture of inflation should not be discounted. As the year-over-year comparisons begin to narrow, there is the possibility for an uptick in inflation, which would be a catalyst for the Fed to raise rates once again...something markets have not been pricing-in. The real risk to markets is a re-acceleration of inflation, leading the Fed to hike again. The recent run-up in Tech stocks has been driven on the thesis of lower inflation and lower rates, and higher rates of growth over time. A more aggressive Fed will be a problem. Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts, CIO Produced by Brent Clanton --------  Get more info & commentary:  https://realinvestmentadvice.com/insights/real-investment-daily/ ------- Watch the video version of this report by subscribing to our new "Before the Bell" YouTube channel:  https://www.youtube.com/watch?v=bsQjTovqnA8&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Visit our Site: https://www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to SimpleVisor: https://www.simplevisor.com/register-new -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #InvestingAdvice #Inflation #FederalReserve #MarketExuberance #QuarterEndRebalancing #Money #Investing