<\/p>\n
Jay Hatfield, CEO of Infrastructure Capital Advisors, says a \u201cpower rally\u201d is coming for stocks in July, driven by falling oil prices and softening inflation data.<\/span><\/p>\n Hatfield tells Fox Business he expects<\/a> crude oil, which he says is headed toward $60 after dropping below $70, to help produce negative month-over-month CPI prints in July and August. <\/span><\/p>\n He thinks those readings should get Federal Reserve rate cuts priced into markets.<\/span><\/p>\n \u201cWe think we\u2019re about to get into the real Goldilocks of the year because we\u2019ve been bullish about oil going below 70, which most people thought was wrong. We think we\u2019re gonna get to 60. <\/span><\/i><\/p>\n We think we\u2019re going to have a negative print on CPI both in July and August for the prior months, and that\u2019s going to start to get Fed rate cuts priced in.\u201d<\/span><\/i><\/p>\n Hatfield says that broad-based summer earnings reports and not just results from chip companies typically make July strong for stocks.<\/span><\/p>\n He also believes the market\u2019s resilience during June\u2019s sector rotation supports his 9,000 target for the S&P 500.<\/span><\/p>\n Follow us on X<\/a>, Facebook<\/a> and Telegram<\/a><\/span><\/em>  <\/p>\n Generated Image: Midjourney<\/em><\/span><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":" Jay Hatfield, CEO of Infrastructure Capital Advisors, says a \u201cpower rally\u201d is coming for stocks in July, driven by falling oil prices and softening inflation data. Hatfield tells Fox Business he expects crude oil, which he says is headed toward $60 after dropping below $70, to help produce negative month-over-month CPI prints in July and […]<\/p>\n","protected":false},"author":2,"featured_media":416918,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-432658","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/432658","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=432658"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/432658\/revisions"}],"predecessor-version":[{"id":432663,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/432658\/revisions\/432663"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/416918"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=432658"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=432658"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=432658"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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