News Formal

Will high inflation kill the bull market in stocks? History says probably not

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 97%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

U.S. inflation didn’t run as hot as expected in August, but it's still a source of worry for investors and policy makers. But a jump in inflation is hardly ever enough to derail a bull market in stocks, according to a top Wall Street technician.

U.S. inflation didn’t run as hot as expected in August, but remains elevated and a source of worry for investors and policy makers. But by itself, a jump in inflation is hardly ever enough to derail a bull market in stocks, according to a top Wall Street technician.

“We can’t find much evidence that spiking inflation figures are bearish for equities,” said Jeff deGraaf, founder of Renaissance Macro Research, in a Wednesday note.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

good

Try adding food and energy back into the equation...you know like proper maths. Thanks.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Simone Rocha Celebrates 10-Year Anniversary With Dover Street MarketTo mark the 10th-anniversary milestone Simone Rocha has created an installation, limited-edition tablecloths and exclusive accessories for the retailer that has championed her for a decade.
Source: wwd - 🏆 24. / 68 Read more »