Inflation could be the market's biggest upside surprise of the year

in #money7 years ago

·There's an under the radar trend which could push stocks further into record territory.
·Portfolio strategist Joseph Zidle's leading indicator has to do with a tightening labor market driving up wages.
·He says the scenario could help drive inflation to three to four percent, a number that's considered a sweet spot for U.S companies' profits.

Read more here: http://www.cnbc.com/2017/05/19/inflation-could-be-the-markets-biggest-upside-surprise-of-the-year.html

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