Viewpoint: Concerns about economic recession are spreading in the market, and CPI data may trigger a huge market shock

ChainCatcher news, market analysts indicate that the market has experienced several weeks of turbulence ahead of the CPI report release in July. A pessimistic non-farm payroll report showed the unemployment rate rising to 4.3%, raising concerns among investors about a recession in the U.S.

Claudia Sam, the initiator of the "Sam Rule," downplayed its significance in the current situation. A decline in inflation rates would give the Federal Reserve more confidence to cut interest rates, thereby reducing the likelihood of a recession. Rising prices would disappoint the market and could trigger another crash. Many market participants are on vacation in August, which means they will react strongly to the upcoming data. (Jin Shi)