The 2023 stock market rally looks wobbly. What’s next as investors prepare for longer inflation fight.

The stock market is ending February on a decidedly wobbly note, raising doubts about the durability of an early 2023 rally. Blame stronger-than-expected economic data and hotter-than-expected inflation readings that have forced investors to again rethink their expectations around how high the Federal Reserve will drive interest rates. “The idea that equity markets would experience a…