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Inflation 'collapse' will introduce effective market rally

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Inflation 'collapse' will introduce effective market rally, Credit Suisse anticipates 

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Credit Suisse expects the Federal Reserve to stop interest rate hike faster than commonly expected due to tumbling inflation. 

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Jonathan Golub told CNBC that Every one of us sees when we go to the gas station that the cost of gas is down, as well as oil is down 

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And also, that's a really large potential positive. 

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"Futures show that Food and Energy costs need to fall -5.7% as well as -11.8% by year end 2023...... 

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while Goods inflation has declined from 12.3% to 7.0% given that February," he wrote

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Over the past year, Services and Rents are up less than Headline CPI (5.5% and also 5.8% vs. 8.5%). 

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If they stop hiking prices the stock exchange wants to move ahead of it. The stock exchange is truly going to take off. 

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Golub's S&P 500 year-end target is 4,300, which suggests an approximately 5% gain from Monday's close. 

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The index is up nearly 8% over the past 2 months.The S&P is still off concerning 15% from its record hight.  

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References:-bbc.comcnbc.com

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