HomeMarketsU.S. Economy & JobsOctober Inflation Data, Equities Signaling Upside, & Recent Earnings
October Inflation Data, Equities Signaling Upside, & Recent Earnings

"October's inflation data does not really change the narrative of the Fed's stance as investors are more likely witnessing a one-time level step up in wages and prices," says Garrett Melson. He believes that third quarter earnings show that companies have managed cost pressures. Also, he weighs in on the early cycle and cyclical names potentially signaling a higher growth ahead.

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