Take the Long-Term View in a Late-Cycle Market
This article was originally published on ETFTrends.com.
By Frank Holmes via Iris.xyz The U.S. inflation story made further inroads this month, with year-over-year price growth for consumers and producers alike hitting multiyear highs. U.S. consumer prices expanded at their strongest pace in more than six years, climbing to an annual change of 2.8 percent in May. Prices for final demand goods, meanwhile, grew [...]