• Should Investors Be Preparing for Inflation?

    13 days ago - By Ameriprise

    U.S. equities gave up ground on each of the four trading days last week. The cumulative loss was minimal, just 0.7 percent, but stocks were unable to rally on what was mostly stronger than expected economic data. Retail sales surged higher by 5.3 percent in January, crushing consensus forecasts of a 1.1 percent gain. Industrial production was more than double consensus. The flash PMI report for February showed unexpected strength in services, offsetting a slight decline in manufacturing from the prior month. Existing home sales, building permits, and the homebuilders index all moved higher...
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