Today's theme: inflation - MarketPulse
Markets again concerned about inflation And just like that, we’re back to financial markets schizophrenic flirtation with inflation. Not enough meds have been ingested clearly because all the talk was of ebbing inflation fears after Friday’s mammoth Non-Farm Payrolls miss. Yet overnight, the inflation ghoul reappeared as US yields moved higher, and technology stocks were hammered as cyclical rotation once again moved to the Dow Jones. Some mentions have been made that the Colonial Pipeline cyberattack could lead to a spike in fuel prices, pushing up, you guessed it, inflation. That is ...