Are markets ignoring hard data pointing to weaker growth and higher inflation?

US Durable Goods Orders fell 1.4% in February, significantly missing the 0.5% decline expectation as transportation demand craters.
The manufacturing floor is falling out while the Fed stays hawkish. This is the “hard landing” signal the bulls are desperately trying to ignore.

Bank of America warns of a 0.9% March CPI jump driven by a 10.6% monthly explosion in energy costs.
The Fed’s 2% target is a ghost story. If the Friday print confirms this 0.9% spike, the “soft landing” crowd is going to find out what a 5% terminal rate actually feels like.

https://www.investing.com/news/stock-market-news/bofa-forecasts-march-us-cpi-to-jump-09-on-energy-surge-93CH-4601195

Chicago Fed’s Goolsbee highlighted rising inflation risks from the prolonged oil disruption even as the short-term ceasefire eases immediate pressure.