Thoughts on Friday’s CPI Print & US Equities

By Lori Calvasina
Published June 14, 2022

This week in the podcast, some quick thoughts on US equities in the aftermath of Friday’s hot CPI print and subsequent sell-off. Three big things you need to know: First, the recent rise in long-run inflation expectations in the University of Michigan Consumer Sentiment Survey suggests that Value oriented sectors may continue to lead for a bit longer. Second, our look back at the historical playbook for US equities around recessions provides some insight into how low the S&P 500 could go. Third, our weekly sentiment indicators continue to highlight the deeply negative views that already pervade the investment community.

Disclosures and Disclaimers

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Lori Calvasina

Lori Calvasina
Managing Director & Head of U.S. Equity Strategy, RBC Capital Markets

Consumer Sentiment SurveyLori CalvasinaMarkets in MotionRBC podcastUS Equities

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