Inflation in ‘process of peaking,’ but still poses threat to investor portfolios, says Wells Fargo

Posted on AllSides November 17th, 2021
From The Center
MAXIM ZMEYEV/AGENCE FRANCE-PRESSE/GETTY IMAGES

Investors are watching closely for any signs that the surge in the cost of living during the pandemic may be starting to ebb, with Wells Fargo Investment Institute among financial firms pointing to possible relief ahead.

“Inflation is in the process of peaking out,” Scott Wren, senior global market strategist at Wells Fargo Investment Institute, told MarketWatch in a phone interview. The recent decline in prices of raw materials for finished goods may be a sign of that, he said, as the ups and downs in costs of finished goods...

Read full story

MarketWatch

AllSides Media Bias Rating: Center
AllSides Media Bias Rating: Center
106653/84280
See full bias rating for MarketWatch
Learn about media bias
https://www.marketwatch.com/story/inflation-in-process-of-peaking-but-still-poses-threat-to-investor-portfolios-says-wells-fargo-11637187467

More News about Economy and Jobs from the Left, Center and Right

From the Left

From the Center

From the Right