Inflation is slowing… But don’t get too bullish yet

What a difference a few days makes. The mainstream media has turned from bearish to ultra-bullish—and stocks have surged—as the latest data shows inflation slowing. And, as I explained in last week’s WSU Premium, several stocks could soar to new highs by year-end as money managers try to catch up to their benchmarks. But while markets will likely continue to rise, don’t get too bullish yet… The economy is still facing major headwinds in 2024. I explain why this rally will be short-lived. Target (TGT) is rallying after earnings came in better than expected. Even after the recent surge, the stock is still cheap at current levels. I break down the company’s latest results… and why we’ll never see its shares trade below $100 again. Be on the lookout next week: I’ll be sending you a special interview with Amir Adnani, president, CEO, and founder of Uranium Energy Corp. (UEC). You won’t want to miss our wide-ranging discussion on the new bull market in uranium… and why it’s likely to last for many years. In this episode The market’s sudden shift to ultra-bullish [3:28] Don’t miss next week’s interview with Amir Adnani [9:45] Enjoy the rally—it won’t last long [19:15] TGT just put in its "forever" low [35:55] Enjoyed this episode? Get Wall Street Unplugged delivered FREE to your inbox each week: Subscribe to the premium podcast at WSUOffer.com. Wall Street Unplugged podcast is available at: --iTunes: itunes.apple.com/us/podcast/wall-street-unplugged-frank/ --Stitcher: www.stitcher.com/podcast/curzio-research/wall-street-unplugged-2 --Website: www.curzioresearch.com/category/podcast/wall-street-unplugged/ Twitter: twitter.com/frankcurzio Facebook:. www.facebook.com/CurzioResearch/ Linkedin: www.linkedin.com/in/frank-curzio-690561a7/ Website: www.curzioresearch.com