Inflation Report Will Be Released Despite Shutdown
1. BLS recalls employees to calculate September CPI data. 2. CPI impacts social security adjustments, influencing consumer spending.
FAQ
Why Bullish?
Increased consumer spending due to higher social security adjustments may support S&P 500 growth. Historical trends show that significant CPI changes correlate with stock market shifts.
How important is it?
The calculated CPI impacts consumer spending and social security, directly affecting S&P 500 performance.
Why Short Term?
The upcoming CPI release will have immediate effects on market sentiment. Short-term impacts are likely as investors adjust expectations.