JPMorgan Chase trading desk analysis shows that if core CPI is 0.15%–0.20%, the S&P 500 is expected to rise 0.5%–1%; if core CPI is 0.20%–0.25%, the S&P 500 is expected to rise 0.25%–0.75%; if core CPI is 0.25%–0.30%, the S&P 500 is expected to fall 0.5%–1.25%.
JPMorgan Scenarios: S&P 500 Expected to Rise or Fall Based on CPI Data
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Summary
JPMorgan’s latest analysis highlights how the S&P 500 could react based on core CPI figures. If core CPI remains between 0.15% and 0.20%, the index may rise 0.5% to 1%. A range of 0.20% to 0.25% could still result in gains of 0.25% to 0.75%. However, if core CPI reaches 0.25% to 0.30%, the S&P 500 could decline by 0.5% to 1.25%. On-chain data shows mixed sentiment among altcoins to watch as traders prepare for the report.
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