The choice of Adel Hagekhalil to lead the Metropolitan Water District is exposing deep disagreements.
Inflation remains a key concern for investors, particularly if the global economic recovery is hampered if governments and central banks have to withdraw stimulus to combat rising prices. It’s partly why stocks fell two out of the last three weeks. Still, analysts expect any rise in inflation to be tied to the growing economy and believe it will be moderate.
The calm rise of the market this week, steady bond yields, and a lack of a reaction to the latest inflation data signal that investors are less worried about long-term inflation issues than they were a few weeks ago. Investors also got key economic measures of GDP growth and falling unemployment this week.
A Call to Protect People and Nature! Thread to watch/read: