#PPI数据公布#

Core PPI rises instead of falling, and U.S. stocks react sharply: Is it short-term noise or a trend reversal?
美国4月核心PPI环比上涨0.4%,同比升到2.4%,不仅高于前值,也高于市场预期,引发市场对通胀结构性反弹的担忧。 The core PPI eliminates the food and energy tricks, which can better reflect the real power of the palace, and its upward trend is alarming. 
从分项看,医疗服务、运输和仓储成本增幅優为显�,显示服务业正成为通胀的"新引擎"。 如果此趋势持续,消费物价压力将无法忽视,美联储年内降息窗口或被进一步推迟。 
U.S. stocks are fiercely reversed, technology stocks are generally bearing, and financial stocks are resisting the decline due to the anti-regurgitation of interest rate hikes. 投资者需重新评估通胀结构变动带来的行业轮动逻辑。 
短期来看,市场波动或加剧,因数据打乱了Previously"软着陆+Rate Cut"定价路径。 后续还需密切关注CPI及就业数据,以判断这是否是趋势性转向的起点,还是一次阶段性冲击。