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Stifel's Barry Bannister fears sticky inflation and higher rates will hurt stocks, as Wells Fargo's Wren ponders if we should "sell in May and go away."
Both markets have been volatile recently, which could make it a difficult choice for traders. Here's what the pros are saying.
Low inflation had spoiled U.S. investors for so long that last year’s sudden surge came as a shock. As those who lived through the late 1970s and early 1980s can attest, inflation can be a “portfolio killer” because it erodes purchasing power. Inflation revved up to 7% in December compared to the year prior, the ...
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