U.S. markets prepare for inflation and politicized central banks
Last week January’s jobs report sent markets into a spiral. This week all eyes are on January’s Consumer Price Index on Wednesday and on Thursday’s Producer Price Index. These reports give investors the latest data, and, with a .5% increase in consumer prices in January, are confirming last week’s fears of inflation. U.S. stocks have been on a hot streak for more than a year. At first, the Dow Jones Industrial Average was at 20,000 points. Soon after that, it was at 21,000. Then 22, 23, 24 … Overall, the DJIA rose 25 percent in 2017. Last week served as a wake … Continue reading U.S. markets prepare for inflation and politicized central banks
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