The recent escalation of US tariffs by President Donald Trump in July has sparked concerns about inflation. As the June Consumer Price Index (CPI) report is set to be released, investors are seeking signs of rising prices. Despite these concerns, the stock market appears largely unaffected.
In fact, a morning coffee may even become more expensive due to increased costs associated with tariffs on copper and other commodities. However, this has not translated into significant changes in stock prices.
The market’s response suggests that investors have been bracing for inflation since July, when tariff pressures were already evident in earnings reports. The question remains: how will the June CPI report impact stocks? Will rising prices finally spook the market, or can it continue to shrug off economic concerns?
Source: https://www.marketwatch.com/story/wheres-the-inflation-from-tariffs-what-stocks-and-earnings-tell-us-about-rising-prices-with-june-cpi-on-deck-767f85d7