Stock futures were once again lower this morning as investors continue to worry about increased inflation. There is no doubt we have signs of inflation ramping up; the real issue is whether the price pressures will be temporary. That is, will increased price pressures force the Federal Reserve to tighten policy sooner than expected?
Today, we had the first indicator with data for April reported on consumer prices (CPI), as explained in a market update from Ivan Gruhl, CFA, Vice President, Chief Investment Officer of the Avantax Portfolio Management Group.
Market Commentary: Key Items to Watch This Week
May 13, 2021