Published Friday, October 18, 2019 at: 7:00 AM EDT
This article was written by a professional financial journalist for Advisor Products and is not intended as legal or investment advice.
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Why Stocks Rose Friday Despite A Rise In Inflation In April
Personal consumption expenditures (PCE) sharply increased by 0.8% in April, while disposable income (DPI) rose 0.4%, as consumers continued to tap excess cash in savings accounts that were built up
Inflation Is Lower, And There Is Reason For Optimism
Economist Fritz Meyer yesterday said inflation is slowing rapidly and warned of a period of deflation.
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