Goldilocks Data Has Not Spurred a Stock Rally. Here's Why.

Core Viewpoint - A recent inflation report, which is dovish, has not led to a stock market rally despite a solid labor market assessment that could allow for deeper Federal Reserve rate cuts [1] Group 1: Economic Indicators - The inflation report was muted, suggesting a stable economic environment that typically supports stock market growth [1] - The labor market assessment was surprisingly solid, indicating potential for further Federal Reserve rate cuts [1] Group 2: Market Reactions - Despite the favorable economic indicators, the stock market has not responded positively, particularly in the context of a slump in AI-related stocks [1]