SPECIAL REPORT The Top 7 Stocks for 2024

Today’s Inflation Report Signals a Sustained Stock Market Surge Ahead


Key Takeaways:

  • The recent inflation report indicates a continuing sharp rally in the stock market, with inflation rates falling and projected to decline further into early 2024.
  • Historical data shows a clear inverse correlation between inflation and stock market trends: stocks rise when inflation falls and vice versa.
  • Capitalize on a unique investment opportunity, now applicable in the early days of the AI Boom, that Elon Musk used during the dot-com boom.
Inflation report - Today’s Inflation Report Signals a Sustained Stock Market Surge Ahead

Source: Yellow_man / Shutterstock

The stock market has been on a torrid rally over the past month — one of its sharpest in 20 years — and today’s inflation report confirms that this frenetic rally will persist for the foreseeable future.

The October Personal Consumption Expenditures Report was released this morning. It includes the Federal Reserve’s preferred inflation gauge, the PCE price index. That index rose just 3% year-over-year last month, below estimates for a 3.1% increase and significantly down from the 3.4% rise reported in September.

In other words, inflation rates are falling significantly right now.

They are projected to keep falling, too. The Cleveland Fed’s Inflation Nowcasting model predicts the PCE inflation rate dropping to 2.8% next month. It also sees the core PCE inflation rate decreasing, confirming that disinflation is returning.

That’s important because inflation has been the nemesis of the stock market over the past two years.

Ever since late 2021, the paths of inflation and stocks have been inversely correlated.

When inflation rose in the first half of 2022, stocks fell.

When inflation dropped in the second half of 2022 and the first half of 2023, stocks rose.

When inflation rose again in late summer 2023, stocks fell again.

Now that inflation is falling again in late 2023, stocks are rising again.

The story of the stock market over the past two years is shockingly simple: When inflation rises, stocks fall; when inflation falls, stocks rise.

Right now, inflation is falling, and stocks are rising. Inflation is projected to continue falling in December and into early 2024.

That means stocks are likely to keep rising as well.

It’s time for you to join this rally.

But if you’re tired of the stock market’s seesawing — up one day, down the next — then I have a unique investment opportunity for you. This opportunity does not involve daily volatility and potentially yields far greater returns.

It’s the same investment opportunity Elon Musk used to become a millionaire during the Dot-Com Boom.

And now, you too can capitalize on it in the early days of the AI Boom.

Seize this chance! Discover more about this unparalleled investment opportunity.

On the date of publication, Luke Lango did not have (either directly or indirectly) any positions in the securities mentioned in this article.

Article printed from InvestorPlace Media, https://investorplace.com/hypergrowthinvesting/2023/11/todays-inflation-report-confirms-the-stock-market-rally-will-continue/.

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