'This Is What We Really Needed': NYSE Trader Reacts To Inflation Data And Its Impact On Stock Market
'This Is What We Really Needed': NYSE Trader Reacts To Inflation Data And Its Impact On Stock Market
April's PCE report, the Federal Reserve's preferred measure of inflation, came in in-line with expectations as prices appeared to remain steady. While the SPDR S&P 500 Index Trust (NYSE:SPY) popped initially during Friday's pre-market trading session on the report, stocks have since given up those gains as the overall market traded lower for the third day in a row.
And while the market appears to be not exactly loving the inflation report, some experts say the numbers were exactly what we needed. Jonathan Corpina, Senior Managing Partner at Meridian Equity Partners, joined Benzinga's PreMarket Prep Friday morning to provide commentary on the report and what it means for stocks.
Read Also: US Stocks Mostly Higher; Headline PCE Inflation Matches Estimates
Corpina provided a cautious outlook Friday morning before the market opened, saying he was unsure if stocks would be able to hold their gains after the spike higher following the release of April's PCE.
4月份的PCE報告是聯儲局衡量通貨膨脹的首選指標，由於價格似乎保持穩定，因此符合預期。儘管SPDR標準普爾500指數信託基金（紐約證券交易所代碼：SPY）最初是在週五的盤前交易時段因該報告而上漲的，但隨着整體市場連續第三天走低，股市已經放棄了這些漲幅。
儘管市場似乎並不完全喜歡通貨膨脹報告，但一些專家表示，這些數字正是我們所需要的。Meridian Equity Partners高級管理合夥人喬納森·科爾皮納週五上午加入了Benzinga的盤前準備工作，對該報告及其對股票的意義發表了評論。
另請閱讀：美國股市大多走高；總體個人消費支出通脹與預期相符
週五上午市場開盤前，Corpina提供了謹慎的前景，他說他不確定在4月份個人消費支出公佈後股市飆升後股市能否保持漲勢。
"I think this is what we really needed," Corpina said. "I think we needed to take a little bit of a breather today... I don't know if this holds on all day today, we've seen a lot of risk off recently, we've seen risk off come on Fridays... so we might see a quick pop in this market but as we get to the last trading day of the month I don't know exactly if we'll be able to hold on to that."
As of Friday afternoon, Corpina's call seemed to be spot on. Despite popping higher off the report, most major indices moved into the red throughout the regular session. Tech stocks, including leaders like NVIDIA Corp (NASDAQ:NVDA) and Microsoft Corp (NASDAQ:MSFT), traded lower, while some value names like energy and financial stocks traded in the green.
Click here to watch Corpina's full interview.
科爾皮納說：“我認爲這是我們真正需要的。”“我認爲我們今天需要休息一下...我不知道今天這種情況是否會持續一整天，我們最近看到了很多避險，週五我們已經看到風險回升... 所以我們可能會看到這個市場快速上漲，但是當我們進入本月的最後一個交易日時，我不知道我們究竟能否堅持下去。”
截至週五下午，Corpina的電話似乎正確。儘管報告走高，但大多數主要指數在整個例會期間都處於虧損狀態。包括英偉達公司（納斯達克股票代碼：NVDA）和微軟公司（納斯達克股票代碼：MSFT）等領導者在內的科技股走低，而能源和金融股等一些價值股則上漲。
點擊這裏觀看 Corpina 的完整採訪。
Now Read: 'Inflation Bump Is Over,' Says Paul Krugman: How Friday Data Proves Him Right
立即閱讀：保羅·克魯格曼說，“通貨膨脹已經結束”：週五的數據如何證明他是對的
The average American couple has saved this much money for retirement — How do you compare?
普通的美國夫婦爲退休存了這麼多錢——你怎麼比較？
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通過 Midjourney 使用人工智能生成的圖像。
譯文內容由第三人軟體翻譯。