Issue 16 – Watch the Money Supply – Inflation May Have Peaked

The Weekly Snapshot of the Market:

The Consumer Price Index increased 1.2% in March, 0.8% in February and 0.6% in January, accelerating U.S. inflation to an annual rate of 8.5%, a new four-decade high. As it turns out, inflation is on everybody’s mind, consuming the Fed’s bandwidth and pre-occupying investors.

By Hubert Marleau