Investors Should Buy the Latest Rally in Stocks as Cooling Inflation Means Lower Peak Interest Rates, JPMorgan Asset Management’s Chief Strategist Says

Posted on the 12 August 2022 by Phil's Stock World @philstockworld

Investors should buy into the current rally in stocks, as July's Consumer Price Index was a good sign that inflation is starting to cool and the peak for interest rates will be lower than the Fed expects, JPMorgan's assessment management chief David Kelly said. July CPI clocked in at 8.5%, a slight ...

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