Growing Concern?
1/24/2018
One thing investors could be worried about is inflation. It is still not anywhere near setting off alarms at the Fed, but it could come on with a spike in wages. The Atlanta Fed is modeling for fourth-quarter Gross Domestic Product (GDP) at 3.3%. It would be a huge momentum coming into 2018, but the Personal Consumption Expenditures (PCE) also surged to 4.0% from 2.8% at the start of the quarter. For me, it’s not a major concern at the moment, but it could invite more volatility into the market.
Charles Payne
More Articles by Charles Payne
Payne's Perspective: Coiled Spring – Be Ready Payne's Perspective: Pivotal Week Payne's Perspective: Stocks Ready to Gush Higher
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