December Fed Decision in Focus

Impact · against what's priced in

Macroeconomic headwinds from rising PPI and long-end Treasury yields create a valuation drag that outweighs the minor positivity of NVDA being a target for bargain-hunters. While month-over-month inflation cooled slightly, the structural pressure of higher yields typically compresses the growth multiples the market is already cautious about.

NVDA−0.30

Challenges what's priced in

The price assumes

Sustained free-cash-flow margins near 44.8%

Higher long-end Treasury yields (10-year at 5.137% and 30-year at 5.467%) and sticky PPI inflation increase the probability of a 50 bps December Fed hike, which typically compresses the valuation multiples for growth stocks.

What NVDA's price assumes · Sep 1

• ppi▲400%
• inflation▲33%
• NVDA
• ai
• oil
• bond yields
• economic indicators
• pre market