Major global indices finished modestly positive, last week, amid strong earnings, optimism about fiscal stimulus and some sound structure around vaccine distribution. The hot topic in the market, for now, is inflation. Investors are mainly concerned about how inflation will affect sectors and the bullish market. Last week inflation data was quite depressing and U.S.
CPI was just unchanged from December and only up 1.4% from last year. When looking at trading data, from short-term interest rates to bond markets, we believe there are many good reasons for inflation to rise, some of which are stated below…:
