This post was originally published on this site
Moreover, August’s smaller-than-expected rise in the consumer price index (CPI) has calmed investors’ fear surrounding inflation. This, along with the Fed’s conviction that inflation will subside, should drive the stock market’s performance in the coming weeks.
Given this backdrop, we think it could be wise to bet on fundamentally sound stocks Mechel Pao (MTL) and SilverBow Resources Inc. (SBOW).
