Market Rotation and Inflation Insights

Market dynamics are showing interesting rotations, particularly in tech, with a notable focus on inflation, which remains stubbornly persistent. Despite a flat S&P and NASDAQ at different points during the day, there seems to be underlying buying activity. Investors are currently nervous about potential inflation prints affecting their positions, and this has influenced the volatility in treasury yields and stock prices. The continued inflationary environment is causing concern, as individuals report feeling the economic pinch, despite the Fed’s optimistic narrative.