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Benzinga
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Trifecta Of Good Data Puts Animal Spirits In High Gear Again To Buy Stocks

1. Stock market crossed above breakout line post-CPI data release. 2. Cooler core inflation encourages aggressive buying despite hot headline CPI. 3. Positive earnings from major financials bolster market sentiment for S&P 500. 4. Bonds recovering from oversold conditions may support a stock market rally. 5. Aggressive buying amidst favorable economic data indicates short-term optimism.

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FAQ

Why Bullish?

Positive core CPI and strong earnings may increase investor confidence in stocks.

How important is it?

The article influences market sentiment directly via economic data and earnings.

Why Short Term?

Current positive data suggests immediate market movements rather than long-term trends.

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