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Jun 15 2018

Full Employment And Rising Prices Aren’t Stock-Friendly

  • Jun 15, 2018

Annual Producer Price Inflation rose to 4.0% in May, a key threshold above which the S&P 500 has historically delivered essentially flat returns. But the fact that this reading occurs against a backdrop of full employment is cause for even more concern. Context is key...

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About The Author

Doug Ramsey / Chief Investment Officer & Portfolio Manager