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Hot inflation undercuts one of the main arguments against stocks, strategist says

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U.S. stocks slumped after a surprisingly hot reading on inflation in October. Consumer prices jumped 0.9%, and the core measure also accelerated.

While the Dow Jones Industrial Average DJIA dropped sharply after the data, one strategist argues the hot reading removes a key argument against equities.

 

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Executives wants a big correction for stock buybacks

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Hot inflation report slams bond market, sends stocks lowerAn eye-opening report on inflation that was hotter than expected slammed into the bond market Wednesday, sending yields jumping and helping knock stocks lower. good luck There's no greater joy than having financial freedom and a life free debts 😊, that's why I keep posting a comment about Mrs Nichelle_1111
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