Issue 22 – Obsession, Suspicion, and Confusion Over Inflation

A Snapshot of the Market for the Week Ended June 4, 2021:

It was a relatively quiet trading week until the BLS reported goldilock employment numbers and the Fed’s inner circle manifested a willingness to start a discussion on tapering its bond-buying program. The S&P 500 had not moved more than 0.4% in either direction for the last seven business days. It ended at 4230, registering a weekly gain of 26 points, or 0.6%.

 

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By Hubert Marleau

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By Hubert Marleau

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