Market Week: June 13, 2022
Last Friday, the May CPI report showed that inflation, as measured by the Consumer Price Index (CPI), increased 8.6% y/y.
Last Friday, the May CPI report showed that inflation, as measured by the Consumer Price Index (CPI), increased 8.6% y/y.
The latest consumer price index (CPI) report released Wednesday, May 11, has confirmed that the U.S. Federal Reserve has a long way yet to go in its fight against inflation.
In an environment dominated by fears of recession or run away inflation, the May Jobs report offers investors some comfort that the economy can find a soft-landing path to avoid both.
During periods of volatility in the stock market, you may have doubts about your long-term investment strategy. Just remember what Warren Buffet says…..
As illustrated by the Flash PMIs, growth stayed resilient in May, as lackluster manufacturing prints were offset by a strong services showing.