Reported about 7 hours ago
US stocks are experiencing a sell-off as inflation data surpasses expectations, leading to rising Treasury yields. Dennis Gartman, former editor of the Gartman Letter, predicts a potential 10% to 15% decline in stock prices over the coming weeks, citing the shocking CPI numbers that have put pressure on both equity and bond markets. He does not foresee the 10-year Treasury yield surpassing 4.85%.
Source: YAHOO