5.13 Reflation concerns rekindle
This article does not indicate or recommend buying or selling timing.
Please make your own investment decisions.
Inflation concerns, which had been retreating after weak results in the jobs data, are rekindling with the CPI’s historical figures.
U.S. stocks are selling off, led by tech shares, in response to CPI results, with a broad decline as of 2:00 a.m.
This year's theme appears to be inflation and tapering.
As I have long expected, earnings have passed, and profit-taking is advancing.
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