Philip Blancato, CEO & President of Ladenburg Thalmann Asset Management, says economic data continues to come in better-than-expected. He adds the ISM Services increased to the highest level on record. He says inflation is expected to increase in the near-term as demand picks up. He says the housing market hit a roadblock in February as home prices remain elevated amid a supply shortage. His stock to watch is Marriot (MAR).
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