Higher-Than-Expected Inflation Could Shake Up Market Valuations Substantially
February 11, 2022 at 13:57 PM EST
The Consumer Price Index (CPI) rose by a higher-than-expected 0.6% in January, climbing 7.5% year-over-year, the highest level since 1982, deflating hopes that inflation pressures would begin to ease. In response, the risk to the current business cycle is elevated, Brian Levitt, global market...